Kelsey Todd P. 4
Research Summary
AI-generated summary
Plexus (PLXS) CEO Kelsey Todd Sells 1,500 Shares
What Happened
- Kelsey Todd P., President & CEO and Director of Plexus Corp (PLXS), sold a total of 1,500 shares on June 17, 2026 in open-market/private-sale transactions, generating approximately $442,465 in proceeds.
- The disposition breaks down as: 100 shares @ $292.11 = $29,211; 300 shares @ $294.19 = $88,257; 748 shares @ $295.15 = $220,773; 352 shares @ $296.09 = $104,224. Several lots were executed as multiple trades with weighted-average prices reported.
Key Details
- Transaction date: 2026-06-17; Form 4 filed: 2026-06-18 (timely — Form 4 due within two business days).
- Reported proceeds: ~$442,465 total.
- Footnote F1: All sales were made pursuant to a Rule 10b5-1 plan adopted November 20, 2025.
- Footnotes F2–F4: Some lots were executed in multiple trades; reported prices are weighted averages with specified intra-trade price ranges.
- Shares owned after the transaction: not specified in the provided excerpt of the filing (see the full Form 4 for post-transaction holdings).
Context
- Sales under a Rule 10b5-1 plan are prearranged and typically follow a preset schedule or formula; they do not necessarily indicate a change in the insider’s view of the company.
- For retail investors, purchases by insiders can be more informative than routine sales; this filing documents a planned sale rather than an opportunistic open-market purchase.