Jermain Patrick John 4
4 · PLEXUS CORP · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Plexus (PLXS) CFO Jermain John Receives Stock Awards
What Happened Jermain Patrick John, Executive Vice President & Chief Financial Officer of Plexus Corp. (PLXS), received awards on February 9, 2026 totaling 9,700 deferred/contingent units: 4,030 Restricted Stock Units (RSUs) and 5,670 Performance Stock Units (PSUs). No purchase price or cash changed hands (derivative awards; price reported as N/A). The RSUs vest on February 9, 2029; the PSUs vest based on multi-year performance metrics described below.
Key Details
- Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (filed within the standard two-business-day window).
- Transaction code: A (award/grant); price: N/A (derivative awards).
- Award totals: 4,030 RSUs; 5,670 PSUs (9,700 units total).
- Shares owned after transaction: not specified on the Form 4.
- Notable footnotes:
- F2: Each RSU converts to one share if/when it vests (vesting date: Feb 9, 2029).
- F3: PSUs are performance-based — 1,640 PSUs vest based on relative total shareholder return (TSR) vs. the S&P 400; the remainder vest based on economic return (ER) goals over the three-year performance period. Target PSUs may be earned up to 150% (TSR) or 200% (ER) of target amounts.
- F1 references shares held in the company 401(k) as of the trustee’s last report (no amounts listed).
Context These awards are common long-term incentive compensation for executives and do not represent an immediate sale or purchase of Plexus shares. RSUs are time-based and will convert to shares only if vesting conditions are met; PSUs pay out only to the extent performance targets are achieved over the multi-year performance period. Because these are grants, they are neither a bullish purchase signal nor a sale — they reflect compensation terms established under Plexus’s omnibus incentive plan.
Insider Transaction Report
- Award
Restricted Stock Units
[F2]2026-02-09+4,030→ 4,030 total→ Common Stock, $.01 par value (4,030 underlying) - Award
Performance Stock Units
[F3]2026-02-09+5,670→ 5,670 total→ Common Stock, $.01 par value (5,670 underlying)
- 3,751(indirect: By 401(k))
Common Stock, $.01 par value
[F1] - 16,882
Common Stock, $.01 par value
Footnotes (3)
- [F1]Shares of Plexus Corp. common stock held in the Plexus Corp. 401(k) Retirement Plan as of the last report from the Plan's trustee.
- [F2]Each Restricted Stock Unit granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest on February 9, 2029.
- [F3]Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of 1,640 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.