Rapp Karen Marie 4

What Happened

• Karen Marie Rapp, a director of Plexus Corp. (PLXS), had 1,370 Restricted Stock Units (RSUs) vest and settle on February 3, 2026. The filing shows an acquisition of 1,370 shares upon settlement and a simultaneous disposition of 1,370 shares (both reported as derivative conversions). No per-share price or cash amounts are reported in the filing, and the net change in shares beneficially owned is zero.

Key Details

• Transaction date: February 3, 2026 (reported on Form 4 filed Feb 5, 2026)
• Shares acquired on settlement: 1,370; shares disposed: 1,370; net change: 0
• Price: N/A (no dollar amounts reported for the conversion/settlement)
• Footnote: Each RSU represented a contingent right to one share under the 2024 Omnibus Incentive Plan; the RSUs vested and settled on Feb 3, 2026 (see footnote F1)
• Timeliness: Form 4 was filed Feb 5, 2026 for a Feb 3 transaction (appears filed within the standard two-business-day window)

Context

• These entries reflect RSUs vesting and being converted to common shares (transaction code M for exercise/conversion). The matching acquisition and disposition is common in RSU settlements (e.g., withholding or settlement-related dispositions) and is a routine compensation event rather than an open-market buy or sell. Such settlements do not, by themselves, indicate a change in the insider’s market view.