Chairman of Plexus Corp. Sells Over $1 Million in Company Stock

summarizeSummary

Dean A. Foate, Chairman of the Board at Plexus Corp., sold over $1 million worth of common stock, contributing to a pattern of recent insider selling.

check_boxKey Events

• Chairman Sells Shares

  Dean A. Foate, Chairman of the Board, sold 5,000 shares of common stock for approximately $1.02 million on February 2, 2026.

• Follows Intent to Sell

  This sale follows a Form 144 filed by Mr. Foate on the same day, indicating his intent to dispose of shares.

• Part of Broader Insider Selling

  This transaction contributes to a recent pattern of insider selling at Plexus Corp., including significant sales by the CEO and CFO this week.

auto_awesomeAnalysis

This Form 4 filing reports that Dean A. Foate, Chairman of the Board at Plexus Corp., sold 5,000 shares of common stock for approximately $1.02 million. This transaction follows a Form 144 filing by Mr. Foate on the same day, indicating his intent to sell shares. The sale, while a small percentage of the company's market capitalization, is significant in absolute dollar terms and occurs amidst a cluster of insider selling activity this week, including a $1.67 million sale by the CEO and another Form 144 filing by the CFO. This pattern of executive and director sales could signal a lack of confidence or a desire for liquidity among key insiders.