CFO Files Intent to Sell Additional $732K in Stock Amidst Executive Distribution
summarizeSummary
Plexus Corp.'s CFO, Patrick Jermain, filed a Form 144 to sell an additional $732,070 in common stock, adding to a recent trend of executive share dispositions.
check_boxKey Events
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CFO Files Intent to Sell
Patrick Jermain, CFO, filed a Form 144 indicating intent to sell 3,587 shares of common stock, valued at approximately $732,070.
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Follows Recent Executive Sales
This proposed sale adds to recent insider selling, including Jermain's $987,612 sale reported yesterday (2026-02-03) and the CEO's $1.67 million sale on the same day.
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Ongoing Insider Distribution
The company has seen a net insider selling of $2.85 million over the past 90 days from 3 active insiders, signaling a broader distribution trend among executives.
auto_awesomeAnalysis
This Form 144 filing indicates Plexus Corp.'s CFO, Patrick Jermain, intends to sell an additional $732,070 worth of common stock. This proposed sale follows a recent pattern of significant insider selling, including Jermain's own $987,612 sale reported yesterday (2026-02-03) and the CEO's $1.67 million sale on the same day. While the individual proposed sale is a small percentage of the company's market capitalization, the cumulative executive distribution signals a desire for liquidity from top management. Investors should monitor further insider activity for continued selling trends.
At the time of this filing, PLXS was trading at $196.28 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $5.3B. The 52-week trading range was $103.43 to $208.92. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.