Eisenhart Joann M 4

What Happened

• Joann M. Eisenhart, a director of Plexus Corp. (PLXS), had 1,370 restricted stock units (RSUs) vest and convert to 1,370 shares of common stock on February 3, 2026. The Form 4 records an exercise/conversion of a derivative (code M) showing 1,370 shares acquired and a corresponding 1,370-share disposition (both entries list N/A for price).
• The filing does not report a cash price or sale proceeds; the transaction reflects settlement of equity awards rather than an open-market buy or sell.

Key Details

• Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (timely filing).
• Reported entries: 1,370 shares acquired (derivative conversion) and 1,370 shares disposed (derivative) — price listed as N/A.
• Post-transaction beneficial ownership: not specified in the provided filing data.
• Footnote: Each RSU was granted under the Plexus 2024 Omnibus Incentive Plan and represented a contingent right to one share; the RSUs vested and settled on Feb 3, 2026.
• No 10b5-1 plan, tax-withholding detail, or sale price is disclosed in the filing.

Context

• The filing describes an award settlement (RSUs converting to common stock). Code M is used for conversion/exercise of a derivative security; here it documents RSUs vesting and converting into shares. Because there is no open-market sale or purchase reported, this should be read as routine compensation-related equity settlement rather than a directional buy/sell signal.