MARTINEZ RANDY J 4
4 · PLEXUS CORP · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Plexus (PLXS) Director Randy Martinez Receives 1,008 RSUs
What Happened
Randy J. Martinez, a director of Plexus Corp. (PLXS), received a grant of 1,008 restricted stock units (RSUs) on February 9, 2026. The award is a derivative grant (no cash purchase) and does not represent immediate common‑share ownership or a market sale. No per‑share price or immediate cash value was reported in the Form 4 filing.
Key Details
- Transaction type: Award/Grant (Form 4 transaction code A) — 1,008 RSUs granted on 2026-02-09.
- Price / value: N/A for the grant (no purchase price reported).
- Vesting: RSUs vest on February 9, 2027 (per filing footnote).
- Plan/Rule: Granted under the Plexus Corp. 2024 Omnibus Incentive Plan; qualifies under Rule 16b‑3.
- Shares owned after transaction: Not specified in the filing.
- Filing: Form 4 filed Feb 11, 2026 (covers transaction dated Feb 9, 2026) — appears timely.
Context
Restricted stock units are a form of equity compensation that convert into common shares upon vesting (here, one share per RSU if vesting conditions are met). Because this was a time‑based award to a director, it represents compensation rather than an open‑market purchase or sale and does not indicate an immediate change in Martinez’s tradable holdings. Rule 16b‑3 qualification is a routine disclosure that exempts certain Plan transactions from short‑swing profit recovery under Section 16.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-02-09+1,008→ 1,008 total→ Common Stock, $.01 par value (1,008 underlying)
- 6,201
Common Stock, $.01 par value
Footnotes (1)
- [F1]Each Restricted Stock Unit granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest on February 9, 2027.