Plexus (PLXS) Insider Sale: 2,500 Shares Disposed on 08/27/2025
Rhea-AI Filing Summary
Plexus Corp (PLXS) insider transaction by Executive Vice President & Chief Financial Officer Patrick J. Jermain. The filing shows a sale of 2,500 shares of Common Stock on 08/27/2025 at $137.71 per share. After the sale, the reporting person beneficially owned 20,959 shares in total. The report also discloses 3,719 shares held indirectly in the Plexus 401(k) plan per trustee records. The Form 4 was submitted individually and signed by an attorney-in-fact on 08/29/2025. The document contains only the disclosed trade and holdings; no additional context or explanations are provided.
Positive
- Timely disclosure of insider sale filed on Form 4 with signature executed by attorney-in-fact
- Specific trade details provided: date, number of shares, and price enhance transparency
- Indirect holdings disclosed for the Plexus 401(k) plan (3,719 shares)
Negative
- Insider sale of 2,500 shares may be viewed negatively by some investors despite routine disclosure
- No explanatory context provided for the disposition (e.g., 10b5-1 plan or personal reasons)
Insights
TL;DR: Routine insider sale of 2,500 shares at $137.71; holdings remain material at 20,959 shares.
The Form 4 documents a single open-market sale by the company's Exec. VP & CFO on 08/27/2025. The price and share count are explicit: 2,500 shares sold at $137.71, leaving 20,959 shares beneficially owned. The filing also clarifies that 3,719 shares are held indirectly in the company 401(k) plan. This is a straightforward disclosure of insider activity without accompanying explanation of purpose or additional transactions.
TL;DR: Disclosure complies with Section 16 reporting format but provides no rationale for the sale.
The submission appears timely and properly executed by an attorney-in-fact, indicating procedural compliance. It identifies the reporting person as Exec. VP & CFO and reports both direct and indirect holdings. The Form 4 does not indicate any 10b5-1 plan or coded execution exception; only a standard transaction code for a sale is shown. From a governance perspective, the filing meets disclosure obligations but lacks contextual detail about intent.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value | 2,500 | $137.71 | $344K |
| holding | Common Stock, $.01 par value | -- | -- | -- |
Footnotes (1)
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FAQ
What insider transaction did PLXS report on this Form 4?
Who is the reporting person on the PLXS Form 4?
Does the Form 4 disclose any indirect holdings for PLXS?
When was the Form 4 signed and filed for the PLXS transaction?