FOATE DEAN A 4

What Happened

• Dean A. Foate, Chairman of the Board of Plexus Corp. (PLXS), reported an open‑market sale of 5,000 shares on Feb 2, 2026 at $204.89 per share for proceeds of $1,024,468. The filing also shows 1,370 restricted stock units (RSUs) vested and settled on Feb 3, 2026 (recorded as a conversion/exercise), with those 1,370 shares also listed as disposed in the filing. The sale is a disposition (not a purchase) and the RSUs converted into shares per the plan terms (see footnote).

Key Details

• Sale: 5,000 shares on 2026-02-02 at $204.89 — proceeds $1,024,468 (transaction code S).
• RSU conversion/settlement: 1,370 RSUs vested and settled on 2026-02-03 (transaction code M); the same 1,370 shares are shown as disposed on that date. No per‑share price or cash value is reported for the RSU settlement/disposition in this filing.
• Shares owned after transactions: Not specified in this Form 4.
• Footnotes: F1 = some shares are held in a trust for which Foate is trustee. F2 = the 1,370 units were Restricted Stock Units under the 2024 Omnibus Incentive Plan that vested and settled on Feb 3, 2026.
• Timeliness: Filing date 2026-02-04 for transactions on Feb 2–3, 2026 — appears timely (not marked late).

Context

• The form uses code M for conversion/exercise to report the RSU settlement; the filing shows those vested RSUs converted into shares and those shares were disposed the same day. The filing does not state the reason for the disposition (e.g., sale, tax withholding), and no value is reported for the RSU conversion lines. As always, sales by insiders can be routine (diversification or tax-related) and are not, by themselves, a clear signal of company outlook.