Director Michael Schrock gains 1,370 Plexus (PLXS) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plexus Corp director Michael V. Schrock reported the vesting of equity awards that delivered 1,370 shares of common stock. The shares came from Restricted Stock Units granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which vested and settled on February 3, 2026.
Following this transaction, Schrock directly held 44,329 shares of Plexus common stock. The RSUs were exercised at an effective price of $0.00 per unit, consistent with stock-based compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,370 shares exercised/converted
Mixed
2 txns
Insider
SCHROCK MICHAEL V
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,370 | $0.00 | -- |
| Exercise | Common Stock, $.01 par value | 1,370 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, $.01 par value — 44,329 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Plexus Corp (PLXS) report for Michael V. Schrock?
Plexus Corp reported that director Michael V. Schrock acquired 1,370 shares of common stock through vesting RSUs. These shares resulted from Restricted Stock Units that vested and settled on February 3, 2026 under the company’s 2024 Omnibus Incentive Plan.
What was the size of the Restricted Stock Unit vesting for Plexus Corp (PLXS)?
The Restricted Stock Unit vesting covered 1,370 RSUs, each converting into one Plexus Corp share. These units were granted under the 2024 Omnibus Incentive Plan and vested and settled on February 3, 2026, increasing Michael V. Schrock’s direct share holdings.
At what price were the Plexus Corp (PLXS) Restricted Stock Units exercised?
The 1,370 Restricted Stock Units were exercised at an effective price of $0.00 per unit. This structure is typical for stock-based compensation awards, where units convert into common shares without a cash exercise payment from the reporting person.
Which Plexus Corp (PLXS) equity plan governed Michael V. Schrock’s RSUs?
The Restricted Stock Units were granted under the Plexus Corp. 2024 Omnibus Incentive Plan. The filing notes that this plan qualifies under Rule 16b-3 and that each unit represented a contingent right to receive one share of Plexus common stock upon vesting.
When did Michael V. Schrock’s Plexus Corp (PLXS) RSUs vest and settle?
The Restricted Stock Units vested and settled on February 3, 2026. On that date, 1,370 RSUs converted into an equal number of Plexus Corp common shares, which are now included in Schrock’s directly held share balance reported in the Form 4.