Research Summary
AI-generated summary of this SEC filing
Plexus (PLXS) CEO Todd P. Kelsey Sells 1,500 Shares
What Happened
- Todd P. Kelsey, President & CEO and a director of Plexus Corp (PLXS), sold a total of 1,500 shares on August 19, 2026 in open-market transactions, generating approximately $376,468 in proceeds. The sales were: 319 shares at $248.79 ($79,364), 681 shares at a weighted average $251.09 ($170,989), and 500 shares at $252.23 ($126,115). These were dispositions (sales), not purchases.
Key Details
- Transaction date: 2026-08-19; Form 4 filed: 2026-08-20 (timely filing).
- Breakdown: 319 sh @ $248.79 = $79,364; 681 sh @ weighted avg $251.09 (trade prices ranged $251.00–$251.18) = $170,989; 500 sh @ $252.23 = $126,115. Total: 1,500 sh for ~$376,468.
- Shares were sold pursuant to a Rule 10b5-1 trading plan adopted November 20, 2025 (Footnote F1).
- Footnote F2 notes the 681-share block was executed in multiple trades; the reporting person can provide detailed per-trade prices/counts on request.
- Shares owned after the transaction are not specified in the provided filing excerpt.
Context
- These transactions are sales under a pre-established 10b5-1 plan, which are commonly used to execute predetermined trades and can be routine; they do not by themselves indicate the insider’s view of the company’s prospects. No purchases or option exercises were reported in this filing.