CFO Patrick Jermain Sells Additional Shares Amidst Ongoing Insider Distribution

summarizeSummary

Plexus Corp.'s CFO, Patrick Jermain, executed an open market sale of shares valued at over $466,000, continuing a recent trend of significant insider selling by key executives.

check_boxKey Events

• CFO Sells Shares

  Patrick Jermain, Executive VP & CFO, sold 2,321 shares in an open market transaction for a total value of $466,806 on February 12, 2026.

• Continuation of Insider Selling Trend

  This sale adds to a pattern of significant insider distribution, with over $8 million in net sales by executives over the past 90 days, including previous sales by Jermain on February 6th and the Chairman on February 10th.

• Option Exercise and Grant

  The filing also reported the exercise of 5,611 options and the grant of 1,671 performance stock units on February 17, 2026, alongside mandatory tax withholding of $516,916 related to these transactions.

auto_awesomeAnalysis

This Form 4 filing indicates that CFO Patrick Jermain executed an open market sale of shares. While the individual sale amount of over $466,000 is moderate for a company of this size, it contributes to a broader pattern of insider distribution at Plexus Corp., with over $8 million in net sales by active insiders in the last 90 days. This follows previous sales by Jermain himself on February 6th and a substantial sale by the Chairman on February 10th. Such continued selling by key executives could be interpreted by investors as a lack of confidence or a move to lock in gains, potentially creating an overhang on the stock.