Plexus Exec VP Sells Over $873K in Stock Amidst Broader Insider Distribution
summarizeSummary
Angelo Michael Ninivaggi Jr., Executive VP at Plexus Corp., sold $873,767 worth of common stock, contributing to a pattern of insider selling as the stock trades near its 52-week high.
check_boxKey Events
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Executive Vice President Sells Shares
Angelo Michael Ninivaggi Jr., Executive VP, CAO, General Counsel & Secretary, disposed of 4,303 shares of Plexus Corp. common stock.
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Significant Transaction Value
The open market sale totaled $873,767 at an average price of $203.06 per share on February 5, 2026.
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Part of Broader Insider Distribution
This sale contributes to a recent trend of insider selling at Plexus Corp., following similar transactions by the CFO and Chairman earlier this week.
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Stock Trading Near 52-Week High
The transaction occurred while Plexus Corp. stock is trading near its 52-week high of $208.92.
auto_awesomeAnalysis
This Form 4 filing reports a significant open market sale by Angelo Michael Ninivaggi Jr., an Executive Vice President at Plexus Corp. The sale of over $873,000 worth of stock, while a small percentage of the company's market cap, is substantial in absolute terms. This transaction is particularly notable as it occurs amidst a broader pattern of insider selling at Plexus Corp., including recent sales by the CFO and Chairman, and while the stock is trading near its 52-week high. Such a cluster of insider sales, especially from key executives, can signal a lack of conviction in future upside or a desire to lock in gains. Investors should monitor further insider activity and consider the implications of this distribution trend.
At the time of this filing, PLXS was trading at $206.22 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.