4Filed Aug 12, 8:00 PM ET
Plexus Corp (PLXS) Director Michael V. Schrock Sells 4,000 Shares
$PLXS · PLEXUS CORPResearch Summary
AI-generated summary of this SEC filing
Plexus Corp (PLXS) Director Michael V. Schrock Sells 4,000 Shares
What Happened
Michael V. Schrock, a director of Plexus Corp (PLXS), sold 4,000 shares on August 11, 2026. The shares were disposed at $275.00 each for a total transaction value of $1,100,000. The filing lists the transaction as an open-market or private sale (code S).
Key Details
- Transaction date: 2026-08-11; Filing date (Accession): 2026-08-13 (appears timely under Section 16 rules).
- Price per share: $275.00; Total proceeds: $1,100,000.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Sale was pursuant to a Rule 10b5-1 trading plan adopted May 8, 2026 (prearranged plan).
- Transaction code: S = Sale.
Context
Sales under a 10b5-1 plan are prearranged and often scheduled in advance, which can reduce the information value of the trade. For retail investors, purchases typically signal more about insider conviction than preplanned sales; this filing documents a routine, plan-driven disposition rather than an opportunistic open-market purchase.