Plexus Corp PLXS:NASDAQ

Last Price$63.68NASDAQ Previous Close - Last Trade as of 4:00PM ET 9/17/19

Today's Change+0.32(0.51%)
Bid (Size)$63.68 (6)
Ask (Size)$63.74 (1)
Day Low / High$62.20 - 63.76
Volume116.4 K

Insider Trends: Insider at Plexus Acquires Stock Via Conversion of Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact

2:40PM ET 8/20/2019 MT Newswires
On Aug 19, 2019, Todd P Kelsey, President & CEO, exercised options/derivative securities for 28,532 shares of Plexus (PLXS) and sold 13,411 shares in the company for $777,235 to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 15,121 company shares. Following the Form 4 filing with the SEC, Kelsey controls 95,231 company shares of which 89,744 shares are held directly and 5,487 are owned indirectly. These holdings have an approximate market value of $5.49 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 19 insider transactions reported to the SEC for Plexus. These transactions came from the activities of 9 individual insiders that resulted in a net acquisition of 9,440 company shares. Relative to the preceding 90-day window of time, there were 13 transactions from 7 insiders that resulted in the net disposition of 78,268 shares.

This level of insider transactions is lower than the peer group average in the 82-company Semiconductors peer group over the last 90-day period. Within the peer group activity averaged 114.1 transactions per company, and disposition of 6,689 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/785786/000120919119046774/xslF345X03/doc4.xml