PLEXUS CORP·4

May 22, 4:56 PM ET

Kelsey Todd P. 4

Research Summary

AI-generated summary

Updated

Plexus (PLXS) CEO Kelsey Todd Sells 1,500 Shares

What Happened
Kelsey Todd P., President & CEO and a director of Plexus Corp (PLXS), sold a total of 1,500 shares in two open-market transactions on May 20, 2026. She disposed of 700 shares at a weighted average price of $252.20 (proceeds $176,539) and 800 shares at a weighted average price of $253.26 (proceeds $202,611), for combined proceeds of roughly $379,150. These were sales (not purchases), and were executed under a pre-established Rule 10b5-1 trading plan.

Key Details

  • Transaction dates: May 20, 2026; Form 4 filed May 22, 2026 (filed within the standard 2-business-day window).
  • Prices: 700 shares at $252.20 (weighted avg; trades ranged $251.9508–$252.5301); 800 shares at $253.26 (weighted avg; trades ranged $253.00–$253.40).
  • Total shares sold: 1,500; approximate proceeds: $379,150.
  • Shares owned after transaction: Not specified in the information provided.
  • Notable footnotes: Sales were made pursuant to a Rule 10b5-1 plan adopted Nov 20, 2025. The filing discloses the weighted-average prices and notes multiple trades; the reporting person offers to provide detailed per-trade counts/prices on request.
  • Filing timeliness: Report appears timely (filed two days after the trades); filing not marked as late.

Context
Sales conducted under a 10b5-1 plan are pre-arranged trading programs that allow insiders to sell shares according to a preset schedule or formula; they are common and do not, by themselves, indicate a change in insider sentiment. For retail investors, purchases by insiders often attract more attention as potential bullish signals; routine scheduled sales like this are typically for diversification or liquidity needs.