SCHROCK MICHAEL V 4

What Happened

• Michael V. Schrock, a director of Plexus Corp. (PLXS), received a grant of 1,008 restricted stock units (RSUs) on February 9, 2026. This is reported as an Award/Grant (code A) and is a derivative award — each RSU represents a contingent right to one share of Plexus common stock upon vesting. No purchase price or immediate marketable shares were involved.

Key Details

• Transaction date: 2026-02-09 (reported on Form 4 filed 2026-02-11).
• Grant type: 1,008 Restricted Stock Units under the Plexus Corp. 2024 Omnibus Incentive Plan (qualifies under Rule 16b-3).
• Vesting: RSUs vest on February 9, 2027 (each converts to one share upon vesting).
• Price/Value: N/A for the grant in the filing (no cash paid).
• Shares owned after transaction: Not specified in this filing.
• Timeliness: Filing appears timely (reporting within two business days of the transaction).

Context

• RSU grants are compensation awards, not open-market purchases or sales; they become shares only if/when they vest and any applicable tax withholding is satisfied. Such awards are commonly used for retention and alignment with shareholder interests but do not indicate immediate buying or selling sentiment.