PLXS Form 4: Todd Kelsey reports sale of 1,500 shares
Rhea-AI Filing Summary
Plexus Corp (PLXS) insider Todd P. Kelsey, who serves as President & CEO and a director, reported a sale of 1,500 shares of common stock on 10/01/2025 at a price of $143.70 per share. The filing shows 69,214 shares remain beneficially owned by the reporting person after the transaction. The Form 4 notes the shares were sold under a Rule 10b5-1 trading plan adopted on August 16, 2024, and the filing was signed via attorney-in-fact on 10/02/2025.
Positive
- Sale reported promptly with a signed Form 4 filed following the transaction
- Transaction executed under a Rule 10b5-1 plan adopted on August 16, 2024, indicating a pre-arranged program
Negative
- Insider sold 1,500 shares at $143.70, which could be viewed as insider liquidity
- Post-transaction beneficial ownership decreased to 69,214 shares
Insights
Insider sale of 1,500 shares under a 10b5-1 plan; remaining ownership 69,214 shares.
The sale was executed under a documented Rule 10b5-1 plan adopted on August 16, 2024, which indicates pre‑arranged trading rather than an opportunistic transaction. The filing discloses the exact number sold (1,500) and the per‑share price ($143.70), and it reports the post‑transaction beneficial ownership (69,214 shares).
This disclosure fulfills Section 16 reporting requirements and allows investors to track insider liquidity while noting the sale was preplanned; no additional disclosures (e.g., grants, option exercises) are shown in this Form 4.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value | 1,500 | $143.70 | $216K |
Footnotes (1)
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FAQ
What did Plexus (PLXS) insider Todd P. Kelsey report on Form 4?
Was the Plexus insider sale part of a preplanned trading program?
What roles does the reporting person hold at PLXS?
When was the Form 4 signed and filed?