CFO Sells Nearly $1 Million in Company Stock Near 52-Week Highs
PLXS sits 97% above its 52-week low of $103.43 on elevated volume (2.0× avg).
Summary
Plexus Corp.'s CFO, Patrick John Jermain, sold approximately $987,612 worth of common stock in an open market transaction, following the exercise of options and tax withholding.
Key Events · Ownership and Investor Activity · PLXS
-
CFO Sells Shares
Patrick John Jermain, Executive VP & CFO, disposed of 4,841 shares in an open market sale for approximately $987,612 on February 3, 2026.
-
Option Exercise
The CFO acquired 9,360 shares through the exercise of options on January 30, 2026, valued at approximately $1,907,381.
-
Tax Withholding
4,433 shares were withheld for tax purposes, valued at approximately $883,630, related to the option exercise.
-
Trading Near Highs
The open market sale occurred while the company's stock is trading near its 52-week high of $208.92.
Analysis · PLXS · Manufacturing
The CFO's open market sale of nearly $1 million in company stock is a notable event, particularly as it occurs while the stock is trading near its 52-week high. While the filing also includes the exercise of options and shares withheld for tax purposes, the discretionary sale by a key executive can be interpreted as locking in gains. Investors may view this as a signal of reduced conviction, despite the overall net change in direct holdings being negligible after accounting for the option exercise.
At the time of this filing, PLXS was trading at $203.78 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $5.5B. 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.