Plexus (PLXS) regional president sells shares after RSU vest and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plexus Corp. Regional President – AMER Michael J. Running reported equity transactions involving company common stock. On January 30, 2026, 1,820 Restricted Stock Units vested and settled into an equal number of Plexus common shares under the 2016 Omnibus Incentive Plan. On the same day, 894 shares were withheld at $199.33 per share to cover taxes, leaving him with 2,221 shares directly owned. On February 2, 2026, he sold 926 shares at an average price of $204.9201 per share, resulting in a remaining direct holding of 1,295 Plexus shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 926 shares ($189,756)
Net Sell
4 txns
Insider
Running Michael J.
Role
Regional President - AMER
Sold
926 shs ($190K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value | 926 | $204.9201 | $190K |
| Exercise | Restricted Stock Units | 1,820 | $0.00 | -- |
| Exercise | Common Stock, $.01 par value | 1,820 | $0.00 | -- |
| Tax Withholding | Common Stock, $.01 par value | 894 | $199.33 | $178K |
Holdings After Transaction:
Common Stock, $.01 par value — 1,295 shares (Direct);
Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did PLXS executive Michael J. Running report?
Michael J. Running reported RSU vesting, tax share withholding, and an open-market sale. 1,820 Restricted Stock Units converted to shares, 894 shares were withheld for taxes, and 926 shares were later sold, leaving him with 1,295 Plexus common shares directly owned.
What happened to Michael J. Running’s Restricted Stock Units at Plexus (PLXS)?
1,820 Restricted Stock Units granted under the Plexus Corp. 2016 Omnibus Incentive Plan vested and settled on January 30, 2026. Each unit converted into one share of Plexus common stock, increasing his direct share ownership before tax withholding and a later share sale.
What is Michael J. Running’s role at Plexus (PLXS) mentioned in the Form 4?
The Form 4 identifies Michael J. Running as an officer of Plexus Corp. with the title “Regional President - AMER.” This indicates he serves in a senior leadership role overseeing the company’s Americas region while holding Plexus common stock directly.