PLXS Insider Transaction: 1,100 Shares Gifted by Executive Officer
Rhea-AI Filing Summary
Angelo M. Ninivaggi Jr., Executive Vice President, Chief Administrative Officer, General Counsel and Secretary of Plexus Corp (PLXS), reported a non‑derivative disposition on 09/04/2025. The filing shows 1,100 shares of Plexus common stock were disposed of under Transaction Code G and the form notes those shares were given as a bona fide gift. After the reported transaction, Mr. Ninivaggi beneficially owned 23,395 shares.
The Form 4 was signed on behalf of the reporting person by an attorney‑in‑fact on 09/05/2025. The report is a single‑person filing and contains no derivative transactions or price information for the gift beyond the coding and resulting beneficial ownership figure.
Positive
- Disclosure identifies the transaction as a bona fide gift, clarifying the nature of the disposition
- Post‑transaction beneficial ownership is explicitly reported (23,395 shares), supporting transparency
Negative
- None.
Insights
TL;DR Routine insider gift reduced holdings by 1,100 shares; no cash transaction or derivatives disclosed.
The Form 4 documents a non‑derivative disposition via a bona fide gift, which is typically a non‑economic transfer and does not signal a sale for liquidity. The remaining beneficial ownership of 23,395 shares is explicitly reported, and no options, warrants, or other derivative positions are disclosed. The filing contains standard coding (G) and shows the report was executed by an attorney‑in‑fact, consistent with routine insider reporting procedures.
TL;DR Disclosure appears complete and routine for a gift by an officer; no governance issues identified in this filing.
The Form 4 includes the reporting person’s title and relationship to the issuer, the transaction date, transaction code indicating a gift, and post‑transaction holdings. The signature by an attorney‑in‑fact is provided with a date. There are no corrective amendments, no indications of suspicious timing, and no derivative transactions disclosed, suggesting standard compliance with Section 16 reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, $.01 par value | 1,100 | $0.00 | -- |
Footnotes (1)
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FAQ
What transaction did Angelo M. Ninivaggi Jr. report on Form 4 for PLXS?
What is the reporting person’s role at Plexus (PLXS)?
Was the Form 4 signed by the reporting person?
Does the filing disclose any derivative transactions or prices?