|4Feb 5, 4:19 PM ET

Wuamett Jennifer 4

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Plexus (PLXS) Director Jennifer Wuamett Receives 1,370-Share RSU Settlement

What Happened

  • Jennifer Wuamett, a director of Plexus Corp. (PLXS), had 1,370 Restricted Stock Units (RSUs vest) convert/settle into 1,370 shares on February 3, 2026. The Form 4 records an exercise/conversion (derivative code M) showing the acquisition of 1,370 shares and a corresponding derivative disposition entry. No per-share price or total dollar value is reported in the filing.

Key Details

  • Transaction date: February 3, 2026 (reported on Form 4 filed Feb 5, 2026).
  • Action: RSUs vested and settled (recorded as derivative exercise/conversion, code M).
  • Shares involved: 1,370 shares acquired via settlement; a corresponding derivative disposition is also recorded.
  • Price/value: Reported as N/A in the filing (no dollar amount disclosed).
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnote: The filing states each RSU under the 2024 Omnibus Incentive Plan represented a contingent right to one share; the RSUs vested and settled on Feb 3, 2026.
  • Timeliness: Filed Feb 5 for a Feb 3 transaction — within the typical 2-business-day Form 4 reporting window (timely).

Context

  • This is an award/settlement of previously granted RSUs rather than an open-market purchase or sale. Such vesting events are routine compensation and don't, by themselves, indicate a buy/sell signal. The filing shows conversion/settlement mechanics (derivative exercise) but does not report any immediate market sale or proceeds.