Plexus Corp (PLXS) CEO executes 1,500-share Rule 10b5-1 stock sale
Rhea-AI Filing Summary
PLEXUS CORP President & CEO Todd P. Kelsey sold 1,500 shares of common stock in open-market transactions. The sales occurred on May 20, 2026 at weighted average prices of about $252–$253 per share, executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 20, 2025. These trades represent a small portion of his disclosed direct holdings and reflect planned portfolio diversification rather than discretionary timing.
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Insights
CEO’s pre-planned sale of 1,500 shares looks routine and modest.
Plexus Corp’s President & CEO Todd P. Kelsey executed two open-market sales totaling 1,500 common shares on May 20, 2026, at weighted average prices near $252–$253 per share. These transactions are coded as standard open-market sales.
A footnote states the trades were made pursuant to a Rule 10b5-1 plan adopted on November 20, 2025, indicating they were pre-scheduled rather than opportunistic. The filing also shows the CEO retaining a substantially larger direct share position after the transactions.
Given the small size relative to his remaining holdings and the pre-planned nature, this activity typically signals routine diversification or liquidity rather than a change in view on Plexus Corp’s prospects. Subsequent company filings will continue to update any further insider trading activity.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value | 700 | $252.1991 | $177K |
| Sale | Common Stock, $.01 par value | 800 | $253.2638 | $203K |
Footnotes (1)
- Shares were sold pursuant to a Rule 10b5-1 plan adopted on November 20, 2025. This transaction was executed in multiple trades at prices ranging from $251.9508 to $252.5301 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $253.00 to $253.40 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.