PLXS Form 4: Victor Tan Disposes of 3,000 Plexus Shares

Rhea-AI Filing Summary

Plexus Corp (PLXS) insider sale by Victor Tan. The filing shows that Victor Tan, Regional President - APAC and a reporting person, sold a total of 3,000 shares on 08/28/2025 in two transactions: 2,000 shares at a weighted-average price reported as $138.75 and 1,000 shares at $139.50. After these dispositions the filing reports Mr. Tan beneficially owns 8,723 shares. The form notes the 2,000-share sale was executed in multiple trades at prices ranging from $138.50 to $139.00 and that the reported price is the weighted average. The form is signed by an attorney-in-fact on 08/29/2025.

Positive

• None.

Negative

• Reporting person disposed of 3,000 shares on 08/28/2025, reducing beneficial ownership to 8,723 shares.
• Sales by an officer/director may be perceived negatively by some investors because they reduce insider holdings, though no intent or plan was disclosed in this form.

Insights

Securities Analyst

TL;DR: Officer sold 3,000 shares, reducing holdings to 8,723; transaction appears routine and fully disclosed.

The filing documents two open-market dispositions totaling 3,000 shares by an executive officer on 08/28/2025 at reported weighted-average prices near $139. The disclosure includes an explanation about multiple trades and provides to-the-SEC availability of granular trade data. From a market-impact perspective, the sale size relative to reported post-sale holdings is meaningful for the insider but there is no additional context on intent or company-wide changes. This appears to be a standard Section 16 sale with proper attestation by an attorney-in-fact.

Corporate Governance Expert

TL;DR: Timely Form 4 filing shows compliance; sale is material only to insider's stake, not necessarily to company fundamentals.

The report demonstrates compliance with Section 16 reporting: transaction dates, prices (weighted average disclosed), and remaining beneficial ownership are provided. The filer is an officer and director-level reporting person, which raises typical governance attention to insider trading patterns. However, the filing does not disclose any related-party transactions, planned trading plans, or unusual accelerations. Without further context, this disclosure is a governance-level data point rather than evidence of corporate operational change.

Insider Trade Summary

Net Seller: 3,000 shares ($417,000)

Net Sell 2 txns

Insider Tan Victor (Pang Hau)

Role Regional President - APAC

Sold 3,000 shs ($417K)

Type	Security	Shares	Price	Value
Sale	Common Stock, $.01 par value	2,000	$138.75	$278K
Sale	Common Stock, $.01 par value	1,000	$139.50	$140K

Holdings After Transaction: Common Stock, $.01 par value — 9,723 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tan Victor (Pang Hau)

(Last) (First) (Middle)

ONE PLEXUS WAY

(Street)

NEENAH WI 54956

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PLEXUS CORP [ PLXS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Regional President - APAC

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.01 par value	08/28/2025		S		2,000	D	$138.75(1)	9,723	D
Common Stock, $.01 par value	08/28/2025		S		1,000	D	$139.5	8,723	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $138.50 to $139.00 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.

Remarks:

	/s/ Victor Tan, By Kate A. Gitter, Attorney-in-Fact	08/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Victor Tan (PLXS) report on the Form 4?

He reported open-market dispositions of 2,000 shares at a weighted-average price of $138.75 and 1,000 shares at $139.50 on 08/28/2025, leaving him with 8,723 shares.

When were the sales by the PLXS reporting person executed?

The transactions occurred on 08/28/2025 and the Form 4 was signed by attorney-in-fact on 08/29/2025.

Does the Form 4 explain the trade prices?

Yes. The filing states the 2,000-share transaction was executed in multiple trades at prices ranging from $138.50 to $139.00 and the reported price is the weighted average.

Is there any indication these sales were part of a 10b5-1 plan?

The Form 4 does not check or state that the transactions were made pursuant to a 10b5-1 plan.

Did the filing show any derivative transactions or other disclosures?

No. Table II for derivative securities contains no entries and the filing only reports the non-derivative share dispositions.