Rapp Karen Marie 4
Research Summary
AI-generated summary
Plexus (PLXS) Director Karen Rapp Sells 500 Shares
What Happened Karen Marie Rapp, a director of Plexus Corp (PLXS), sold 500 shares of Plexus common stock on 2026-02-27 at $195.59 per share, generating proceeds of $97,795. The transaction is reported as a sale (code S) and was executed pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-02-27; sale price: $195.59; shares sold: 500; proceeds: $97,795.
- Report filed: 2026-03-02 (Accession: 0001707073-26-000003).
- Shares owned after the transaction: not specified in the information provided in this summary (see the Form 4 for exact post-transaction holdings).
- Footnote: Sale was made pursuant to a Rule 10b5-1 plan adopted on 2024-02-28 (pre-arranged trading plan).
- Transaction type: Open-market sale (routine insider sale under a 10b5-1 plan).
Context Sales under Rule 10b5-1 plans are pre-arranged and often scheduled in advance, so they may not reflect the insider’s current view of the company. This was a sale, which is typically considered routine; purchases generally provide stronger signals about insider sentiment. For full details (including exact post-transaction holdings and any additional disclosures), consult the filed Form 4.