Plexus Director Karen Rapp Sells 500 Shares for $120,400

Karen Marie Rapp, a director at Plexus Corporation (PLXS), recently sold 500 shares of the company's common stock on August 31, 2026, as disclosed in a recent SEC Form 4 filing. The transaction, valued at $120,400 based on a weighted average sale price of $240.87 per share, was executed through a pre-planned Rule 10b5-1 trading strategy.

This type of plan allows corporate insiders to schedule share sales in advance, ensuring a structured approach to liquidity while complying with regulatory requirements. Despite the sale, Rapp maintains a significant stake in Plexus, retaining 7,535 shares as of August 31, 2026, which are valued at around $1.8 million. As of the latest reporting period, total insider ownership in the company stands at 0.02%.

Plexus, an advanced electronic manufacturing solutions provider, boasts a market capitalization of $6.8 billion and reported TTM revenue of $4.6 billion. The company offers a comprehensive range of services, including design, development, supply chain management, new product introduction support, core manufacturing capabilities, and aftermarket services, catering to customers across various industries in the industrial, healthcare, aerospace, defense, and telecommunications sectors globally.