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 (3)
- F1. Shares were sold pursuant to a Rule 10b5-1 plan adopted on November 20, 2025.
- F2. 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.
- F3. 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.
Key Figures
Key Terms
Rule 10b5-1 plan regulatory
open-market sale financial
weighted average sale price financial
Form 4 regulatory
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