Plexus (PLXS) Director J. Joel Quadracci Receives Award

What Happened

• J. Joel Quadracci, a director of Plexus Corp. (PLXS), received a grant of 1,008 restricted stock units (RSUs) on February 9, 2026. The filing lists the transaction as an award/derivative (code A) and shows no per-share price or immediate cash value.
• Each RSU represents a contingent right to one share of Plexus common stock and the units vest on February 9, 2027 under the Plexus Corp. 2024 Omnibus Incentive Plan (see footnote). The grant qualifies under Rule 16b-3.

Key Details

• Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (timely filing).
• Transaction type/code: Award/Grant (A), derivative securities (RSUs).
• Amount: 1,008 RSUs; acquisition price: N/A (typical for grants).
• Vesting: February 9, 2027 (per footnote).
• Plan: Plexus Corp. 2024 Omnibus Incentive Plan; grant qualifies under Rule 16b-3.
• Shares owned after transaction: Not specified in the provided filing.
• No indication of tax withholding, 10b5-1 plan, or late filing in this report.

Context

• RSU grants are a common form of compensation for executives and directors; they give a right to receive shares in the future if vesting conditions are met and do not indicate an immediate purchase or sale of stock.
• Unlike open-market purchases, awards are primarily compensation-related and should be viewed differently than direct insider buying or selling.