Kelsey Todd P. 4
Research Summary
AI-generated summary
Plexus (PLXS) CEO Kelsey Todd P. Sells Shares
What Happened
Kelsey Todd P., President & CEO and a director of Plexus Corp (PLXS), sold a total of 1,500 shares in open-market transactions on July 15, 2026, for aggregate proceeds of approximately $391,325. The filing shows two dispositions: 500 shares at $260.51 ($130,255) and 1,000 shares at a weighted average price of $261.07 ($261,070). These were sales (not purchases), which are often routine dispositions by insiders.
Key Details
- Transaction date: 2026-07-15; Filing date (Report): 2026-07-16 (appears timely).
- Sales: 500 sh @ $260.51 = $130,255; 1,000 sh @ weighted avg $261.07 = $261,070; Total sold = 1,500 sh for ~$391,325.
- Footnote: Sales were made under a Rule 10b5-1 trading plan adopted Nov 20, 2025. One sale (1,000 sh) was executed in multiple trades at prices from $261.00–$261.68; reporting person will provide detailed trade-by-trade info on request.
- Shares owned after transaction: not disclosed in the filing.
Context
Sales made under a pre-established 10b5-1 plan are typically scheduled in advance and do not necessarily reflect a change in the insider’s view of the company. For retail investors, purchases can be more informative about insider confidence; routine sales like this are common for liquidity or diversification reasons.