Plexus Corp (PLXS) director’s 500-share Rule 10b5-1 sale disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plexus Corp director Karen Marie Rapp sold 500 shares of common stock in an open-market transaction at $270.00 per share. The trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 2, 2026. Following this sale, she directly holds 8,035 Plexus shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 500 shares ($135,000)
Net Sell
1 txn
Insider
Rapp Karen Marie
Role
null
Sold
500 shs ($135K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value | 500 | $270.00 | $135K |
Holdings After Transaction:
Common Stock, $.01 par value — 8,035 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 500 shares
Sale price: $270.00 per share
Post-sale holdings: 8,035 shares
+2 more
5 metrics
Shares sold
500 shares
Open-market sale on June 1, 2026
Sale price
$270.00 per share
Price for the 500 shares sold
Post-sale holdings
8,035 shares
Shares held directly after the transaction
Transaction code
S
Sale in open market or private transaction
Trading plan adoption date
February 2, 2026
Rule 10b5-1 plan governing the sale
Key Terms
Rule 10b5-1 plan, open-market sale, Common Stock, $.01 par value, Form 4
4 terms
Rule 10b5-1 plan regulatory
"Shares were sold pursuant to a Rule 10b5-1 plan adopted on February 2, 2026."
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"
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.
Common Stock, $.01 par value financial
"security_title: Common Stock, $.01 par value"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Plexus Corp (PLXS) disclose for Karen Marie Rapp?
Plexus Corp reported that director Karen Marie Rapp sold 500 shares of common stock. The shares were sold in an open-market transaction at $270.00 per share and carried a par value of $0.01 per share.
Was the Plexus Corp (PLXS) insider sale made under a Rule 10b5-1 plan?
Yes, the filing states that the 500-share sale was made pursuant to a Rule 10b5-1 trading plan. The plan was adopted on February 2, 2026, indicating the transaction was pre-arranged rather than timed discretionarily.
What type of transaction code appears in the Plexus Corp (PLXS) Form 4?
The Form 4 uses transaction code “S,” which denotes a sale in an open-market or private transaction. The filing further describes this as an open-market sale of Plexus common stock by director Karen Marie Rapp.