Jueckstock Rainer 4

What Happened
Rainer Jueckstock, a director of Plexus Corp. (PLXS), had restricted stock units (RSUs) vest and convert into common stock on February 3, 2026. The Form 4 reports an acquisition of 1,370 shares upon conversion of a derivative (RSU) and a simultaneous disposition of 1,370 shares. No per-share price or cash value is reported (N/A). This is a routine award/settlement of equity rather than an open-market purchase or sale.

Key Details

• Transaction date: February 3, 2026; Form filed February 5, 2026 (filed within the typical two-business-day Form 4 window).
• Reported entries: 1,370 shares acquired (conversion of derivative, code M) and 1,370 shares disposed (also coded M). Price shown as N/A.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The RSUs were granted under the Plexus Corp. 2024 Omnibus Incentive Plan and "vested and settled on February 3, 2026." Each RSU converted to one share.
• Interpretation: The paired acquisition and disposition is consistent with RSU settlement plus immediate withholding of shares (commonly used to cover taxes), per the footnote.

Context: This is an award/settlement event (not a purchase that signals added bullish conviction). Conversions of RSUs into shares and simultaneous withholding for tax obligations are common for executive/director compensation; the filing does not indicate open-market buying or selling for investment purposes.