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Plexus Corp. (PLXS) CFO receives new RSU and PSU awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jermain Patrick John reported acquisition or exercise transactions in this Form 4 filing.

Plexus Corp. executive vice president and CFO Patrick J. Jermain reported equity awards and current share holdings. On February 9, 2026, he received a grant of 4,030 Restricted Stock Units under the 2024 Omnibus Incentive Plan, which vest on February 9, 2029.

He was also granted 5,670 Performance Stock Units, each representing a contingent right to one share of common stock based on total shareholder return versus the S&P 400 Index and economic return goals over a three-year performance period. Following these awards, he beneficially owns 16,882 shares of Plexus common stock directly and 3,751 shares indirectly through the company’s 401(k) Retirement Plan, in addition to the derivative unit holdings.

Positive

  • None.

Negative

  • None.
Insider Jermain Patrick John
Role Exec. VP & CFO
Type Security Shares Price Value
Grant/Award Restricted Stock Units 4,030 $0.00 --
Grant/Award Performance Stock Units 5,670 $0.00 --
holding Common Stock, $.01 par value -- -- --
holding Common Stock, $.01 par value -- -- --
Holdings After Transaction: Restricted Stock Units — 4,030 shares (Direct); Performance Stock Units — 5,670 shares (Direct); Common Stock, $.01 par value — 3,751 shares (Indirect, 401(k)); Common Stock, $.01 par value — 16,882 shares (Direct)
Footnotes (1)
  1. Shares of Plexus Corp. common stock held in the Plexus Corp. 401(k) Retirement Plan as of the last report from the Plan's trustee. 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. 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 1,640 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.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Jermain Patrick John

(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)
Exec. VP & CFO
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 3,751 I 401(k)(1)
Common Stock, $.01 par value 16,882 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 (2) 02/09/2026 A 4,030 (2) (2) Common Stock, $.01 par value 4,030 (2) 4,030 D
Performance Stock Units (3) 02/09/2026 A 5,670 (3) (3) Common Stock, $.01 par value 5,670 (3) 5,670 D
Explanation of Responses:
1. Shares of Plexus Corp. common stock held in the Plexus Corp. 401(k) Retirement Plan as of the last report from the Plan's trustee.
2. 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.
3. 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 1,640 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/ Patrick J. Jermain, 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Plexus Corp (PLXS) report for its CFO?

Plexus Corp’s executive vice president and CFO, Patrick J. Jermain, reported equity awards on February 9, 2026. He received new Restricted Stock Units and Performance Stock Units under the 2024 Omnibus Incentive Plan, reflecting routine stock-based executive compensation rather than an open-market share purchase or sale.

How many Restricted Stock Units did the Plexus (PLXS) CFO receive and when do they vest?

Patrick J. Jermain received 4,030 Restricted Stock Units on February 9, 2026. Each unit represents a contingent right to one share of Plexus common stock and these Restricted Stock Units are scheduled to vest in full on February 9, 2029, under the 2024 Omnibus Incentive Plan.

What Performance Stock Units were granted to the Plexus Corp (PLXS) CFO?

The CFO received 5,670 Performance Stock Units on February 9, 2026. Each PSU represents a contingent right to one share, with vesting tied to relative total shareholder return versus S&P 400 companies and economic return goals over a three-year performance period, based on targeted performance levels.

What performance conditions affect the Plexus (PLXS) Performance Stock Units granted to the CFO?

Vesting of 1,640 PSUs depends on Plexus’s total shareholder return versus S&P 400 companies, while remaining PSUs depend on economic return goals over three years. The reporting person may earn up to 150% of TSR-based target PSUs and up to 200% of ER-based target PSUs.

How many Plexus Corp (PLXS) shares does the CFO beneficially own after these Form 4 transactions?

After the reported awards, Patrick J. Jermain beneficially owns 16,882 shares of Plexus common stock directly. He also holds 3,751 shares indirectly through the Plexus Corp. 401(k) Retirement Plan, as of the last report from the plan’s trustee, plus the granted RSUs and PSUs as derivative holdings.

Are the newly granted Plexus (PLXS) equity awards open-market purchases or sales?

The reported grants are awards of Restricted Stock Units and Performance Stock Units, not open-market trades. They were issued under the Plexus Corp. 2024 Omnibus Incentive Plan at a stated price of $0.00 per unit, reflecting stock-based compensation rather than buying or selling shares on the market.