PLXS CEO Kelsey Todd Sells 1,500 Shares

What Happened

• Kelsey Todd P., President & CEO and a director of Plexus Corp (PLXS), sold 1,500 shares in an open-market transaction on September 16, 2026. The shares were sold at $242.41 per share for a total value of approximately $363,615. This was a sale (not a purchase) and thus generally considered routine insider selling.

Key Details

• Transaction date and price: 2026-09-16, 1,500 shares @ $242.41 each.
• Total proceeds: ~$363,615.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Sale was made pursuant to a Rule 10b5-1 trading plan adopted November 20, 2025 (pre-arranged plan).
• Filing date: Form 4 filed 2026-09-17 for the 9/16/2026 trade (filed the next day; no late filing indicated in the excerpt).

Context

• Trades under Rule 10b5-1 plans are pre-scheduled and can reduce the implication that the insider acted on non-public information; they are commonly used for planned sales.
• Sales are less informative about management’s outlook than purchases; a single, modest sale like this is often routine and not necessarily a signal about company fundamentals.