Plexus (PLXS) chairman Dean Foate sells 10,000 shares and receives 1,008 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plexus Corp. chairman Dean A. Foate, a director and Chairman of the Board, reported insider transactions in Plexus Corp. common stock.
On February 6, 2026, he sold 10,000 shares of common stock at $205 per share, leaving him with 99,429 shares held directly. He also has 15,000 shares held indirectly in a trust for which he is trustee.
Separately, on February 9, 2026, he received a grant of 1,008 Restricted Stock Units under the Plexus Corp. 2024 Omnibus Incentive Plan. Each unit represents one share of common stock and these units vest on February 9, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($2,050,000)
Net Sell
3 txns
Insider
FOATE DEAN A
Role
Director
Sold
10,000 shs ($2.05M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,008 | $0.00 | -- |
| Sale | Common Stock, $.01 par value | 10,000 | $205.00 | $2.05M |
| holding | Common Stock, $.01 par value | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,008 shares (Direct);
Common Stock, $.01 par value — 99,429 shares (Direct);
Common Stock, $.01 par value — 15,000 shares (Indirect, Trust)
Footnotes (1)
- Shares of Plexus Corp. common stock held in a trust for which the reporting person is a 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, 2027.
FAQ
What insider transactions did Plexus (PLXS) report for Dean A. Foate?
Dean A. Foate reported selling 10,000 Plexus common shares at $205 and receiving 1,008 Restricted Stock Units. After these transactions, he held 99,429 shares directly and 15,000 shares indirectly through a trust where he serves as trustee.
What are the terms of the 1,008 Restricted Stock Units granted to Dean A. Foate at Plexus (PLXS)?
Foate received 1,008 Restricted Stock Units under the Plexus Corp. 2024 Omnibus Incentive Plan. Each unit represents a contingent right to one Plexus common share, and the units are scheduled to vest on February 9, 2027, if plan conditions are satisfied.
How are Dean A. Foate’s indirect Plexus (PLXS) holdings structured?
Foate’s indirect Plexus holdings consist of 15,000 common shares held in a trust. The filing notes that he is a trustee of this trust, indicating those shares are reported as indirectly beneficially owned through the trust structure.