Plexus executive awarded RSU and PSU grants
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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,020 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 2,840 | $0.00 | $0.00 |
| holding | Common Stock, $.01 par value | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
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What insider transactions did Plexus (PLXS) report for Victor Tan on February 9, 2026?
How do the Restricted Stock Units granted to Victor Tan at Plexus (PLXS) vest?
What performance conditions apply to Victor Tan’s Performance Stock Units at Plexus (PLXS)?
What is the potential payout range for Victor Tan’s Performance Stock Units at Plexus (PLXS)?
Are Victor Tan’s Plexus (PLXS) stock unit grants open-market purchases or compensation awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.