Plexus Corp (PLXS) director granted 1,008 restricted stock units vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARTINEZ RANDY J reported acquisition or exercise transactions in this Form 4 filing.
Plexus Corp. director Randy J. Martinez received an equity award in the form of restricted stock units. On February 9, 2026, he was granted 1,008 restricted stock units under the Plexus Corp. 2024 Omnibus Incentive Plan, each representing a contingent right to receive one share of Plexus common stock.
The restricted stock units vest on February 9, 2027, subject to plan terms. Following this grant, Martinez held 1,008 restricted stock units directly and 6,201 shares of Plexus Corp. common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MARTINEZ RANDY J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,008 | $0.00 | -- |
| holding | Common Stock, $.01 par value | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,008 shares (Direct);
Common Stock, $.01 par value — 6,201 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Plexus Corp (PLXS) report for Randy J. Martinez?
Plexus Corp reported that director Randy J. Martinez received a grant of 1,008 restricted stock units on February 9, 2026. These units were awarded under the Plexus Corp. 2024 Omnibus Incentive Plan and represent a form of equity-based compensation tied to company stock.
How many restricted stock units did the Plexus (PLXS) director receive and when do they vest?
Randy J. Martinez received 1,008 restricted stock units that vest on February 9, 2027. Once vested, each unit entitles him to receive one share of Plexus Corp. common stock, aligning his compensation with long-term shareholder interests and company performance.
What does each restricted stock unit represent in the Plexus Corp (PLXS) Form 4 filing?
Each restricted stock unit represents a contingent right to receive one share of Plexus Corp. common stock. The award was granted under the 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, making it a standard equity incentive for the company’s director.
Under which plan were the restricted stock units granted to the Plexus (PLXS) director?
The restricted stock units were granted under the Plexus Corp. 2024 Omnibus Incentive Plan. This plan qualifies under Rule 16b-3 and is designed to provide equity-based awards, such as restricted stock units, to align key individuals’ compensation with Plexus Corp.’s long-term performance.