Ninivaggi Angelo Michael Jr 4
4 · PLEXUS CORP · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Plexus (PLXS) Exec VP Angelo Ninivaggi Receives Stock Awards
What Happened
- Angelo Michael Ninivaggi Jr., Executive Vice President, Chief Administrative Officer, General Counsel & Secretary of Plexus Corp. (PLXS), received equity awards on February 9, 2026: 2,300 Restricted Stock Units (RSUs) and 3,240 Performance Stock Units (PSUs). These are derivative awards (not open-market purchases) with no cash exchanged at grant (price reported as N/A).
Key Details
- Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (appears timely).
- Awards: 2,300 RSUs; 3,240 PSUs (reported as target amounts).
- RSU vesting: RSUs vest on February 9, 2029 (three-year time-based vest).
- PSU vesting: PSUs vest based on a three-year performance period — 940 PSUs tied to relative total shareholder return (TSR) vs. S&P 400 peers (TSR portion may pay 0–150% of target) and the remainder tied to economic return (ER) goals (ER portion may pay 0–200% of target).
- Plan and rule: Grants made under the Plexus Corp. 2024 Omnibus Incentive Plan and qualify under Rule 16b-3.
- Shares owned after transaction: not specified in the provided filing details.
- Transaction type code: A = Award/Grant; reported as derivative (contingent right to receive shares upon vesting).
Context
- These are grants of contingent rights (RSUs/PSUs), not immediate share purchases or sales. RSUs convert to one share each upon vesting; PSUs convert to shares only if performance goals are met and may pay out at above- or below-target levels. Such awards are standard executive compensation and do not, by themselves, indicate a buy or sell market signal.
Insider Transaction Report
Form 4
PLEXUS CORPPLXS
Ninivaggi Angelo Michael Jr
EVP, Chief Legal & PAO & Secy
Transactions
- Award
Restricted Stock Units
[F1]2026-02-09+2,300→ 2,300 total→ Common Stock, $.01 par value (2,300 underlying) - Award
Performance Stock Units
[F2]2026-02-09+3,240→ 3,240 total→ Common Stock, $.01 par value (3,240 underlying)
Holdings
- 20,099
Common Stock, $.01 par value
Footnotes (2)
- [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, 2029.
- [F2]Each Performance Stock Unit ("PSU") 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 if certain conditions are satisfied. Vesting of 940 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.
Signature
/s/ Angelo M. Ninivaggi, by Kate A. Gitter, Attorney-in-Fact|2026-02-11