FOATE DEAN A 4

What Happened Dean A. Foate, Chairman of the Board of Plexus Corp. (PLXS), sold 10,000 shares in an open-market or private sale on 2026-02-06 at $205.00 per share, totaling $2,050,000. He was also granted 1,008 restricted stock units (RSUs) on 2026-02-09 under the Plexus 2024 Omnibus Incentive Plan; RSUs are derivative awards that convert to one share each upon vesting.

Key Details

• Sale (code S): 2026-02-06 — 10,000 shares at $205.00 per share; proceeds $2,050,000. Described as an open market or private sale in the filing.
• Award (code A): 2026-02-09 — 1,008 RSUs (no per-share price reported); RSUs are contingent rights to one share.
• Vesting: The RSUs vest on February 9, 2027 (footnote F2).
• Trust holdings: Some Plexus shares are held in a trust for which Foate is trustee (footnote F1).
• Shares owned after transaction: Not specified in this filing.
• Filing date: Report filed 2026-02-10 — appears timely (within typical Form 4 filing window).

Context RSUs are derivative awards that do not represent immediate shares until they vest and are settled; they are often used for long-term retention. A director sale, by itself, is common and may reflect routine portfolio management or other personal reasons and does not by itself indicate the director’s view of the company. The filing documents both a cash proceeds-generating sale and a deferred compensation award.