Karen Marie Rapp, Director of Plexus (NASDAQ:PLXS), reported a sale of 500 shares of common stock on Aug. 31, 2026, according to a recent SEC Form 4 filing.
Transaction summary
Transaction value based on SEC Form 4 weighted average sale price ($240.87); post-transaction value based on Aug. 31, 2026, market close ($239.47).
Key questions
What was the structural nature of this transaction?
The sale was non-discretionary, executed through a Rule 10b5-1 trading plan. These plans are designed to allow corporate insiders to schedule share sales in advance, providing a structured mechanism for liquidity while operating within regulatory guidelines.How does this disposal impact Rapp’s long-term equity position?
Following the sale of 500 shares, Rapp continues to hold 7,535 shares directly. This remaining equity stake is valued at $1.8 million based on the market close on Aug. 31, 2026.What is the broader context of insider ownership at the company?
Total insider ownership in the company is currently 0.02%. Plexus, which specializes in advanced electronic manufacturing solutions, maintains a market capitalization of $6.8 billion and reported trailing twelve-month revenue of $4.6 billion as of the latest reporting period.
Company Overview
Company Snapshot
Plexus provides comprehensive electronic manufacturing solutions, including design and development, supply chain management, new product introduction support, core manufacturing capabilities, and aftermarket services to clients across multiple industries.
The company operates a vertically integrated business model that generates revenue through design services, manufacturing operations, supply chain optimization, and value-added aftermarket support, serving as a critical partner throughout the product lifecycle.
Plexus serves a diverse customer base across industrial, healthcare, aerospace, defense, and telecommunications sectors, with a global operational footprint spanning the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions.
Plexus is a global electronics manufacturing services provider with approximately 20,000 employees and $4.6 billion in TTM revenue, positioning it as a significant player in the advanced manufacturing sector. The company’s differentiated value proposition centers on its ability to deliver end-to-end solutions from design through manufacturing and aftermarket support, enabling customers to accelerate time-to-market while optimizing operational efficiency. With a market capitalization of $6.4 billion and demonstrated operational leverage, Plexus maintains a competitive advantage through its integrated service offerings and established relationships with leading technology and industrial companies worldwide.
