Zycinski Frank 4
4 · PLEXUS CORP · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Plexus (PLXS) Regional President Frank Zycinski Receives RSU Shares
What Happened
Frank Zycinski, Regional President — EMEA at Plexus Corp. (PLXS), had 1,353 restricted stock units (RSUs) vest and settle on January 30, 2026. As part of the settlement, 677 shares were withheld to cover tax liabilities at $199.33 per share (total withheld ≈ $134,946), leaving a net of 676 shares issued to him. The Form 4 shows the RSU-to-share conversion (derivative conversion, code M) and the tax-withholding share payment (code F).
Key Details
- Transaction date: January 30, 2026 (Form filed Feb 3, 2026 — within the 2 business-day filing window).
- Shares vesting/converted: 1,353 RSUs settled into 1,353 shares (code M).
- Tax withholding: 677 shares withheld at $199.33/share for taxes (code F), proceeds ≈ $134,946.
- Net shares retained after withholding: 676 shares (1,353 − 677).
- Footnote: The RSUs were granted under the Plexus 2016 Omnibus Incentive Plan and vested/settled on Jan 30, 2026.
- Shares owned after the transaction: not specified in the provided filing summary.
Context
This was a routine RSU vesting and share-withholding for taxes (common practice), not an open-market purchase or sale intended as a market-timing signal. Transaction codes: M = exercise/conversion of a derivative (here, RSU-to-share settlement); F = payment of exercise price or tax liability (here, tax withholding via share surrender).
Insider Transaction Report
- Exercise/Conversion
Common Stock, $.01 par value
[F1]2026-01-30+1,353→ 2,076 total - Tax Payment
Common Stock, $.01 par value
2026-01-30$199.33/sh−677$134,946→ 1,399 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-01-30−1,353→ 0 total→ Common Stock, $.01 par value (1,353 underlying)
Footnotes (1)
- [F1]Each Restricted Stock Unit granted under the Plexus Corp. 2016 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represented a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vested and settled on January 30, 2026.