Ninivaggi Angelo Michael Jr 4

What Happened

• Angelo Michael Ninivaggi Jr., Executive VP, Chief Administrative Officer, General Counsel & Secretary of Plexus Corp. (PLXS), had 5,460 Restricted Stock Units (RSUs) vest and settle on January 30, 2026. Those RSUs converted into 5,460 shares of common stock.
• To cover tax withholding, 2,602 of those shares were surrendered (disposed) at a reported withholding value of $199.33 per share, totaling about $518,657. Net shares delivered to Ninivaggi after withholding: 2,858 shares.
• This transaction is a routine equity compensation settlement (award/RSU vesting) rather than an open-market purchase or a voluntary sale.

Key Details

• Transaction date: January 30, 2026; Form 4 filed February 3, 2026 (filed within the standard two business days).
• Shares acquired via RSU settlement: 5,460 (exercise/conversion code M for derivative conversion of RSUs).
• Shares disposed (tax withholding): 2,602 at $199.33 per share; total withholding value ≈ $518,657 (code F — tax withholding).
• Net shares received by insider after withholding: 2,858.
• Footnote: The RSUs were granted under the Plexus 2016 Omnibus Incentive Plan and represented a contingent right to one share each; they vested and settled on Jan 30, 2026.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This was an RSU vest/settlement event with shares withheld to satisfy tax obligations (a common, routine outcome of equity compensation). The insider did not execute an open-market sale to raise cash beyond the tax withholding.
• Derivative codes: M indicates conversion/exercise of a derivative security (here, RSUs settled into common stock); F indicates shares surrendered to cover taxes.