Summary: Todd P. Kelsey, President and CEO of Plexus CORP (NASDAQ:PLXS), recorded a sale of 1,500 shares of Plexus common stock on April 15, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The disposition, executed under a pre-established Rule 10b5-1 trading plan adopted November 20, 2025, generated proceeds of $336,130.
The shares were sold at prices spanning from $223.98 to $224.30, producing an average sale price of $224.0867 per share. Following the transaction, Kelsey’s direct holdings in Plexus stand at 80,291 shares. The Form 4 filing was submitted to the SEC on April 16, 2026, and was signed by Kate A. Gitter, Attorney-in-Fact, on Kelsey’s behalf.
Plexus’s stock was trading close to its 52-week high of $232.17 at the time of the sale, after delivering an 81% return over the previous 12 months. Market observers may note the timing of the sale relative to the share price, though the filing shows the trade was made under the previously adopted 10b5-1 plan.
On the fundamentals front, Plexus reported strong results for the first quarter of fiscal 2026. The company posted earnings per share of $1.78, exceeding the forecast of $1.75, while quarterly revenue of $1.07 billion matched expectations. The company’s reported results highlighted its ability to meet and in part surpass analyst projections for the quarter. The filing and company disclosures indicate that no material mergers or acquisitions were announced for Plexus in the period covered by the report, and there have been no recent analyst upgrades or downgrades reported.
Separately, an InvestingPro analysis cited alongside the filing places Plexus at a $5.96 billion valuation and characterizes the company as appearing overvalued. That analysis is said to include 14 additional ProTips for PLXS and highlights a Piotroski Score of 9 for the company.
Is PLXS a bargain right now? The original notice referenced a Fair Value calculator as a fast way to assess valuation, noting the use of a mix of 17 industry valuation models. The article does not add further commentary beyond these references to available tools and the InvestingPro view.
Transaction details (from Form 4):
- Insider: Todd P. Kelsey, President and CEO
- Security: Plexus CORP common stock (NASDAQ:PLXS)
- Shares sold: 1,500
- Sale date: April 15, 2026
- Price range: $223.98 to $224.30
- Average price: $224.0867
- Proceeds: $336,130
- Post-transaction holdings: 80,291 shares
- Trading arrangement: Rule 10b5-1 plan adopted November 20, 2025
- SEC filing date: April 16, 2026 (signed by Kate A. Gitter, Attorney-in-Fact)
The information above is drawn from the company’s required SEC filing and the firm-level performance and valuation commentary provided alongside that filing. The article focuses on factual disclosure of the insider transaction and the contemporaneous quarterly financial results and valuation commentary; it does not introduce additional interpretive claims or forecasts.