Jermain Patrick John 4

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.