Plexus Corp (PLXS) director Schrock sells 4,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Plexus Corp director Michael V. Schrock reported selling 4,000 shares of Plexus common stock on August 11, 2026, at a price of $275.00 per share. After this open-market sale, he directly holds 40,329 shares of Plexus common stock. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on May 8, 2026.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 4,000 shares
Net Sell
1 txn
Insider
SCHROCK MICHAEL V
Role
Director
Sold
4,000 shs ($1.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value F1 | 4,000 | $275.00 | $1.10M |
Holdings After Transaction:
Common Stock, $.01 par value — 40,329 shares (Direct)
Footnotes (1)
- F1. Shares were sold pursuant to a Rule 10b5-1 plan adopted on May 8, 2026.
Key Figures
Shares sold: 4,000 shares
Sale price: $275.00 per share
Shares after transaction: 40,329 shares
+2 more
5 metrics
Shares sold
4,000 shares
Common stock sale on August 11, 2026
Sale price
$275.00 per share
Price for the 4,000-share sale
Shares after transaction
40,329 shares
Direct holdings following the sale
Net buy/sell shares
4,000 shares net-sell
Transaction summary net change
10b5-1 plan adoption date
May 8, 2026
Date the Rule 10b5-1 plan was adopted
Key Terms
Rule 10b5-1 plan, transaction code S, Common Stock, $.01 par value, direct or indirect ownership
4 terms
Rule 10b5-1 plan regulatory
"Shares were sold pursuant to a Rule 10b5-1 plan adopted on May 8, 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.
transaction code S regulatory
"transaction_code": "S","transaction_code_description": "Sale in open market or private transaction""
Common Stock, $.01 par value financial
"security_title": "Common Stock, $.01 par value""
direct or indirect ownership financial
"direct_or_indirect": "D","ownership_type": "direct""
FAQ
What insider transaction did Plexus Corp (PLXS) report for Michael V. Schrock?
Plexus Corp reported that director Michael V. Schrock sold 4,000 shares of common stock on August 11, 2026. The shares were sold in an open-market or private transaction as coded by the Form 4 (transaction code S).
Was the PLXS insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 states that the 4,000-share sale was executed under a Rule 10b5-1 plan. The trading plan was adopted on May 8, 2026, indicating the sale followed a pre-arranged schedule.
What role does Michael V. Schrock have at Plexus Corp (PLXS)?
Michael V. Schrock is identified as a director of Plexus Corp. The Form 4 flags him as a director and not as an officer or ten percent owner in the issuer’s equity securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.