Plexus (NASDAQ: PLXS) CEO sells 1,500 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plexus Corp President & CEO Todd P. Kelsey reported an open-market sale of 1,500 shares of common stock. The shares were sold on April 15, 2026 at a weighted average price of $224.0867 per share. Following this transaction, he directly holds 80,291 shares of Plexus common stock.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 20, 2025, and occurred through multiple trades within a price range of $223.98 to $224.30 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,500 shares ($336,130)
Net Sell
1 txn
Insider
Kelsey Todd P.
Role
President & CEO
Sold
1,500 shs ($336K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value | 1,500 | $224.0867 | $336K |
Holdings After Transaction:
Common Stock, $.01 par value — 80,291 shares (Direct)
Footnotes (1)
- Shares were sold pursuant to a Rule 10b5-1 plan adopted on November 20, 2025. This transaction was executed in multiple trades at prices ranging from $223.98 to $224.30 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Shares sold: 1,500 shares
Weighted average sale price: $224.0867 per share
Post-transaction holdings: 80,291 shares
+3 more
6 metrics
Shares sold
1,500 shares
Open-market sale on April 15, 2026
Weighted average sale price
$224.0867 per share
Common stock sale on April 15, 2026
Post-transaction holdings
80,291 shares
Shares directly owned after the sale
Price range of trades
$223.98–$224.30 per share
Multiple executions comprising the reported sale
Trading plan adoption date
November 20, 2025
Rule 10b5-1 plan governing this sale
Net shares sold
1,500 shares
Net selling activity in this Form 4
Key Terms
Rule 10b5-1 plan, weighted average sale price, open-market sale, Common Stock, $.01 par value
4 terms
Rule 10b5-1 plan regulatory
"Shares were sold pursuant to a Rule 10b5-1 plan adopted on November 20, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average sale price financial
"The reported price reflects the weighted average sale price."
open-market sale financial
"transaction_action: "open-market sale" for 1,500 shares of common stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock, $.01 par value financial
"security_title: "Common Stock, $.01 par value" in the transaction record."
FAQ
What insider transaction did Plexus Corp (PLXS) disclose for Todd P. Kelsey?
Plexus Corp reported that President & CEO Todd P. Kelsey executed an open-market sale of 1,500 shares of common stock. The transaction occurred on April 15, 2026, and was carried out under a pre-arranged Rule 10b5-1 trading plan adopted in November 2025.
How was the reported sale price for the Plexus (PLXS) Form 4 transaction calculated?
The reported sale price of $224.0867 per share is a weighted average across multiple trades. These trades were executed at prices ranging from $223.98 to $224.30 per share, and the insider has undertaken to provide detailed trade data upon request.