Plexus (NASDAQ: PLXS) grants RSUs and PSUs to Exec VP & COO

Rhea-AI Filing Summary

Plexus Corp executive vice president and COO Oliver K. Mihm reported equity awards tied to company stock. On February 9, 2026, he acquired 4,030 Restricted Stock Units under the Plexus Corp. 2024 Omnibus Incentive Plan, which vest on February 9, 2029.

He also acquired 5,670 Performance Stock Units, each representing a contingent right to one share of common stock if performance conditions are met. PSU vesting depends on relative total shareholder return versus the S&P 400 Index and economic return goals over a three-year performance period. Following the report, he holds 22,267 common shares directly and 981 shares through the Plexus 401(k) plan.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Mihm Oliver K.

Role Exec VP & COO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	4,030	$0.00	--
Grant/Award	Performance Stock Units	5,670	$0.00	--
holding	Common Stock, $.01 par value	--	--	--
holding	Common Stock, $.01 par value	--	--	--

Holdings After Transaction: Restricted Stock Units — 4,030 shares (Direct); Performance Stock Units — 5,670 shares (Direct); Common Stock, $.01 par value — 981 shares (Indirect, 401(k)); Common Stock, $.01 par value — 22,267 shares (Direct)

Footnotes (1)

1. Shares of Plexus Corp. common stock held in the Plexus Corp. 401(k) Retirement Plan as of the last report from the Plan's trustee. Each Restricted Stock Unit granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest on February 9, 2029. Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of 1,640 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/11/2026 - 05:27 PM Learn about SEC filing dates

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^*

Mihm Oliver K.

(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)
	Exec VP & COO

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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								981	I	401(k)(1)
Common Stock, $.01 par value								22,267	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
Restricted Stock Units	(2)	02/09/2026		A		4,030		(2)	(2)	Common Stock, $.01 par value	4,030	(2)	4,030	D
Performance Stock Units	(3)	02/09/2026		A		5,670		(3)	(3)	Common Stock, $.01 par value	5,670	(3)	5,670	D

Explanation of Responses:

1. Shares of Plexus Corp. common stock held in the Plexus Corp. 401(k) Retirement Plan as of the last report from the Plan's trustee.

2. Each Restricted Stock Unit granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest on February 9, 2029.

3. Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of 1,640 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.

Remarks:

	/s/ Oliver K. Mihm, by Kate A. Gitter, Attorney-in-Fact	02/11/2026
	** 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 insider transaction did PLXS executive Oliver K. Mihm report?

Oliver K. Mihm reported receiving equity awards in Plexus Corp stock. On February 9, 2026, he was granted 4,030 Restricted Stock Units and 5,670 Performance Stock Units under the Plexus Corp. 2024 Omnibus Incentive Plan, with future vesting based on time and performance conditions.

How many Restricted Stock Units did PLXS grant to its Exec VP & COO?

Plexus Corp granted Oliver K. Mihm 4,030 Restricted Stock Units. Each unit represents a contingent right to receive one share of Plexus common stock, with these RSUs scheduled to vest on February 9, 2029, assuming the applicable service-based vesting conditions are satisfied.

How are the PLXS Performance Stock Units for Oliver K. Mihm structured?

Mihm received 5,670 Performance Stock Units, each linked to one Plexus common share. Vesting of 1,640 PSUs depends on relative total shareholder return versus the S&P 400, and the remainder on economic return goals over a three-year performance period, with target amounts reported.

What is the potential payout range for PLXS Performance Stock Units?

The filing states Mihm may earn up to 150% of the targeted PSUs tied to total shareholder return and up to 200% of the targeted PSUs tied to economic return. Actual shares earned will depend on performance versus these TSR and ER goals during the three-year period.

How many PLXS common shares does Oliver K. Mihm hold after these awards?

After the reported awards, Mihm directly holds 22,267 Plexus common shares. He also has 981 Plexus common shares held indirectly through the Plexus Corp. 401(k) Retirement Plan, based on the most recent report from the plan’s trustee referenced in the filing.

When do Oliver K. Mihm’s PLXS Restricted Stock Units vest?

The Restricted Stock Units granted to Mihm vest on February 9, 2029. Each RSU represents a contingent right to receive one share of Plexus Corp common stock, meaning actual shares will be delivered only if the vesting date and related conditions are satisfied.