Plexus (PLXS) APAC regional president receives RSU and PSU awards

Rhea-AI Filing Summary

Plexus Corp regional executive granted stock units Victor Tan, Regional President - APAC of Plexus Corp, reported stock-based compensation awards rather than open-market trades. On February 9, 2026, he received 2,020 Restricted Stock Units that vest on February 9, 2029. He was also granted 2,840 Performance Stock Units, which may convert into an equal number of common shares if performance goals tied to total shareholder return and economic return over a three-year period are met or exceeded. Following these awards, he directly beneficially owned 11,435 shares of Plexus common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tan Victor (Pang Hau)

(Last) (First) (Middle)

ONE PLEXUS WAY

(Street)

NEENAH WI 54956

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PLEXUS CORP [ PLXS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Regional President - APAC

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.01 par value								11,435	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/09/2026		A		2,020		(1)	(1)	Common Stock, $.01 par value	2,020	(1)	2,020	D
Performance Stock Units	(2)	02/09/2026		A		2,840		(2)	(2)	Common Stock, $.01 par value	2,840	(2)	2,840	D

Explanation of Responses:

1. Each Restricted Stock Unit granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest on February 9, 2029.

2. Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of 820 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.

Remarks:

	/s/ Victor Tan, By Kate A. Gitter, Attorney-in-Fact	02/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did Plexus (PLXS) report for Victor Tan on February 9, 2026?

Plexus reported stock-based compensation grants to Victor Tan on February 9, 2026. He received 2,020 Restricted Stock Units and 2,840 Performance Stock Units under the 2024 Omnibus Incentive Plan, increasing his directly owned Plexus common stock position to 11,435 shares after the reported transactions.

How do the Restricted Stock Units granted to Victor Tan at Plexus (PLXS) vest?

The 2,020 Restricted Stock Units granted to Victor Tan vest on February 9, 2029. Each unit represents a contingent right to receive one share of Plexus Corp common stock, granted under the company’s 2024 Omnibus Incentive Plan that qualifies under Rule 16b-3 for equity-based awards.

What performance conditions apply to Victor Tan’s Performance Stock Units at Plexus (PLXS)?

Victor Tan’s 2,840 Performance Stock Units vest based on meeting performance goals. 820 PSUs depend on relative total shareholder return versus S&P 400 companies, while the remainder depend on economic return goals over a three-year period, with potential payouts above the target level if goals are exceeded.

What is the potential payout range for Victor Tan’s Performance Stock Units at Plexus (PLXS)?

The target of 2,840 Performance Stock Units can increase if performance exceeds goals. The filing states he may earn up to 150% of the TSR-based target PSUs and up to 200% of the ER-based target PSUs, depending on results over the three-year performance period.

How many Plexus (PLXS) common shares does Victor Tan own after these grants?

After the reported February 9, 2026 awards, Victor Tan directly beneficially owned 11,435 shares of Plexus Corp common stock. This ownership figure reflects his position following the grant of 2,020 Restricted Stock Units and 2,840 Performance Stock Units reported in the Form 4 filing.

Are Victor Tan’s Plexus (PLXS) stock unit grants open-market purchases or compensation awards?

The reported transactions are compensation awards, not open-market purchases. Both the 2,020 Restricted Stock Units and 2,840 Performance Stock Units were granted with a transaction code A, described as a grant, award, or other acquisition under the company’s 2024 Omnibus Incentive Plan.