ROOKE PAUL A 4
4 · PLEXUS CORP · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Plexus (PLXS) Director Paul Rooke Receives 1,370 Vested Shares
What Happened
Paul A. Rooke, a director of Plexus Corp. (PLXS), had 1,370 restricted stock units (RSUs) vest and convert into 1,370 shares on February 3, 2026. The Form 4 shows a simultaneous disposal of 1,370 shares (derivative), with prices listed as N/A and no gross dollar amount reported. This transaction represents receipt of an equity award rather than an open-market purchase or sale.
Key Details
- Transaction date: February 3, 2026 (Form 4 filed February 5, 2026 — timely).
- Acquired: 1,370 shares via exercise/conversion of derivative (code M); price N/A.
- Disposed: 1,370 shares (derivative); price N/A.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote F1: The RSUs were granted under the Plexus 2024 Omnibus Incentive Plan; each RSU converted to one share and vested/settled on Feb 3, 2026.
- Filing timeliness: Report filed two days after the transaction date, consistent with Form 4 reporting rules.
Context
This was an award vesting/settlement event (not a market purchase). The matching disposal is commonly used to satisfy tax-withholding obligations when RSUs vest, so it often does not reflect a discretionary sale of newly vested shares. For retail investors, RSU vesting is routine compensation activity and should be viewed differently from executives buying or selling shares in the open market.
Insider Transaction Report
- Exercise/Conversion
Common Stock, $.01 par value
[F1]2026-02-03+1,370→ 15,991 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-02-03−1,370→ 0 total→ Common Stock, $.01 par value (1,370 underlying)
Footnotes (1)
- [F1]Each Restricted Stock Unit granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represented a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vested and settled on February 3, 2026.