Plexus Corp (PLXS) exec logs RSU vesting and tax-share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plexus Corp executive Angelo Michael Ninivaggi Jr., Exec VP, CAO, General Counsel and Secretary, reported equity award activity. On January 30, 2026, 5,460 Restricted Stock Units granted under the Plexus Corp. 2016 Omnibus Incentive Plan vested and were converted into 5,460 shares of common stock at no cost.
On the same date, 2,602 shares of common stock were withheld at a price of $199.33 per share, reported with transaction code “F,” typically indicating shares withheld to cover taxes. After these transactions, Ninivaggi directly held 24,402 shares of Plexus Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,460 shares exercised/converted
Mixed
3 txns
Insider
Ninivaggi Angelo Michael Jr
Role
Exec VP, CAO, Gen Coun & Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,460 | $0.00 | -- |
| Exercise | Common Stock, $.01 par value | 5,460 | $0.00 | -- |
| Tax Withholding | Common Stock, $.01 par value | 2,602 | $199.33 | $519K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, $.01 par value — 27,004 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did PLXS executive Angelo Ninivaggi report?
Angelo Michael Ninivaggi Jr. reported the vesting of 5,460 Restricted Stock Units that converted into an equal number of Plexus Corp common shares. He also reported 2,602 shares withheld, coded “F,” leaving him with 24,402 directly held shares after the transactions.
What does the RSU transaction on January 30, 2026 mean for PLXS?
On January 30, 2026, 5,460 Restricted Stock Units granted under the Plexus Corp 2016 Omnibus Incentive Plan vested into 5,460 common shares. Each RSU represented a contingent right to one share, and the vesting indicates a scheduled equity compensation event for the executive.
What is the role of Angelo Ninivaggi at Plexus Corp (PLXS)?
Angelo Michael Ninivaggi Jr. serves as Executive Vice President, Chief Administrative Officer, General Counsel and Secretary of Plexus Corp. His Form 4 filing reports changes in his beneficial ownership of company stock through vesting of Restricted Stock Units and related share withholding.
How were the PLXS Restricted Stock Units structured in this Form 4?
Each Restricted Stock Unit granted under the Plexus Corp 2016 Omnibus Incentive Plan represented a contingent right to receive one common share. According to the filing, these RSUs vested and settled on January 30, 2026, resulting in delivery of 5,460 shares to the executive.