PLXS Form 4: Executive Angelo Ninivaggi reports sale, retains 24,495 shares
Rhea-AI Filing Summary
Plexus Corp (PLXS) insider sale disclosed. Angelo M. Ninivaggi Jr., listed as Director and Executive Vice President/CAO/General Counsel & Secretary, sold 1,576 shares of Plexus common stock on 08/25/2025 at a price of $137.775 per share. After the transaction he beneficially owned 24,495 shares. The Form 4 was signed by an attorney-in-fact on 08/27/2025.
Positive
- Timely disclosure of the insider sale via Form 4 signed 08/27/2025
- Clear role identification showing the reporting person is a Director and company officer
Negative
- Insider disposition of 1,576 shares reduces the reporting person's direct ownership
- No information provided on whether the sale was under a Rule 10b5-1 plan or for other specified reason
Insights
TL;DR: Routine, disclosed sale by a senior executive; transaction is material only to insider ownership, not company operations.
The filing reports a single open-market sale of 1,576 shares at $137.775, leaving the reporting person with 24,495 shares. This is a standard Section 16 filing documenting an insider disposition. There are no derivative transactions or other compensatory grants disclosed. The size of the sale relative to total outstanding shares is not provided, so market impact cannot be assessed from this form alone.
TL;DR: Timely compliance with Section 16 reporting; sale raises governance transparency but no governance red flags in form.
The Form 4 shows the reporting person identified roles and reported the sale with signature via attorney-in-fact, indicating procedural compliance. The disclosure does not show related-party transfers, option exercises, or unusual derivative activity. Without additional context on trading plans or blackout periods, the form itself reflects standard disclosure practice.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value | 1,576 | $137.775 | $217K |
Footnotes (1)
FAQ
What transaction did Angelo M. Ninivaggi Jr. report on Form 4 for PLXS?
What positions does the reporting person hold at Plexus (PLXS)?
When was the Form 4 signed and filed for this PLXS transaction?
Does the Form 4 report any derivative transactions or option exercises for PLXS?