Plexus Corp (PLXS) CEO sells 1,500 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plexus Corp President & CEO Todd P. Kelsey reported two open-market sales totaling 1,500 shares of Plexus common stock on July 15, 2026. The sales covered 1,000 shares at a weighted average price of $261.0701 and 500 shares at $260.5100 per share, executed pursuant to a Rule 10b5-1 plan adopted on November 20, 2025. One transaction was completed in multiple trades between $261.00 and $261.68 per share, with the disclosed price representing the weighted average.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 1,500 shares ($391,325)
Net Sell
2 txns
Insider
Kelsey Todd P.
Role
President & CEO
Sold
1,500 shs ($391K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value | 500 | $260.51 | $130K |
| Sale | Common Stock, $.01 par value | 1,000 | $261.0701 | $261K |
Holdings After Transaction:
Common Stock, $.01 par value — 68,388 shares (Direct)
Footnotes (1)
- Shares were sold pursuant to a Rule 10b5-1 plan adopted on November 20, 2025. This transaction was executed in multiple trades at prices ranging from $261.00 to $261.68 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Total shares sold: 1,500 shares
First sale size and price: 1,000 shares at $261.0701
Second sale size and price: 500 shares at $260.5100
+3 more
6 metrics
Total shares sold
1,500 shares
Non-derivative open-market sales reported for July 15, 2026
First sale size and price
1,000 shares at $261.0701
Weighted average sale price for one transaction of common stock
Second sale size and price
500 shares at $260.5100
Price per share for second open-market sale of common stock
Intraday price range
$261.00 to $261.68
Range of prices for trades underlying the 1,000-share sale
Rule 10b5-1 plan adoption date
November 20, 2025
Date Kelsey’s trading plan governing these sales was adopted
Net shares sold
1,500 shares
Net buy/sell shares in transaction summary (net-sell direction)
Key Terms
Rule 10b5-1 plan, open-market sale, weighted average sale price
3 terms
Rule 10b5-1 plan regulatory
"Shares were sold pursuant to a Rule 10b5-1 plan adopted on November 20, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open-market sale financial
"transaction_action: open-market sale for both non-derivative transactions."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"The reported price reflects the weighted average sale price for the transaction."
FAQ
What insider transaction did PLXS President & CEO Todd P. Kelsey report?
Todd P. Kelsey reported selling 1,500 shares of Plexus Corp common stock. The Form 4 shows two open-market transactions on July 15, 2026, reflecting planned sales under a previously adopted Rule 10b5-1 trading plan.
What types of securities are involved in Todd P. Kelsey’s PLXS Form 4 filing?
The filing reports transactions only in common stock with a par value of $.01 per share. The transaction summary shows two non-derivative open-market sales and no option exercises, gifts, tax-withholding dispositions, or other derivative transactions.