Eisenhart Joann M 4
Research Summary
AI-generated summary
Plexus (PLXS) Director Joann M. Eisenhart Receives RSU Award
What Happened
Joann M. Eisenhart, a director of Plexus Corp. (PLXS), was granted 1,008 restricted stock units (RSUs) on February 9, 2026. The filing reports the award as a derivative acquisition (code A); no per-share price or total cash value is provided because RSUs represent a contingent right to shares rather than an immediate cash purchase.
Key Details
- Transaction date: February 9, 2026 (reported on Form 4 filed February 11, 2026).
- Transaction type: Grant/Award of RSUs (derivative), 1,008 units. Price: N/A.
- Vesting: Each RSU converts to one share and vests on February 9, 2027 (per footnote).
- Shares owned after transaction: Not stated in the report.
- Footnote: RSUs granted under the Plexus Corp. 2024 Omnibus Incentive Plan and qualify under Rule 16b-3.
- Timeliness: Form 4 was filed two days after the grant date; filing appears timely.
Context
Restricted stock units are a form of equity compensation that convert into actual shares only upon vesting; they are not an immediate market purchase or sale. Grants like this are typically part of director compensation and do not by themselves indicate an intent to buy or sell shares in the open market.