Plexus Corp. (PLXS) CFO receives new RSU and PSU awards
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 Trade Summary
| 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 | -- | -- | -- |
Footnotes (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.