SEC Filing Analysis: PLEXUS CORP (PLXS)

Executive Summary

• Trading Significance: Low
• Key Takeaway: The Chairman of the Board, Dean A. Foate, was granted 1,370 Restricted Stock Units (RSUs) as part of a standard compensation plan. This Form 4/A amends a previous filing to correct the number of units.
• Market Impact: The transaction is a non-cash award and has a negligible impact on the market, representing minimal potential dilution.

Company Information

Field	Value
Company	PLEXUS CORP
Ticker Symbol	PLXS
CIK	0000785786
Industry	PRINTED CIRCUIT BOARDS [3672]

Insider Information

Field	Value
Name	FOATE DEAN A
CIK	0001223189
Title/Position	Chairman of the Board
Relationship	Director

Transaction Details

Field	Value
Form Type	4/A
Transaction Date	2025-02-03
Transaction Code	A (Grant)
Security Type	Restricted Stock Units
Shares Involved	1370
Price Per Share	$0.00
Total Value	$0
Shares Owned After	1370 (RSUs)
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$0
% of Market Cap	0.0%
Shares Transacted	1,370
% of Shares Outstanding	0.005%
Post-Transaction Ownership	1,370 RSUs (potential 0.005% of outstanding upon vesting)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: Plexus Corp has a market capitalization of $3.78 billion. This grant has no immediate market value and is insignificant in the context of the company's size.
• Ownership Concentration: The grant establishes a small potential holding for the insider, representing a tiny fraction of the total shares outstanding.
• Dilution Impact: The potential dilution from these 1,370 shares is approximately 0.005%, which is immaterial to existing shareholders.
• Transaction Significance: The transaction is a routine equity award, a common practice for executive and director compensation. Its size relative to both market cap and shares outstanding is negligible, confirming its low significance.

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: This is a standard, non-cash compensation grant that was previously disclosed and is now being corrected. It does not signal any new insider sentiment or change in company fundamentals.

Volume & Sentiment

• Expected Volume Impact: None. This is not an open-market transaction.
• Sentiment Indicator: Neutral. The filing is administrative and informational in nature.

Additional Context

Transaction Notes

• Special Circumstances: This is a Form 4/A, an amendment to a prior filing from 2025-02-05, filed to correct the number of RSUs granted. The RSUs are scheduled to vest on February 3, 2026, at which point they convert to common stock.