PLXS PLEXUS CORP
Price Chart
Executive Summary
Three PLXS insiders, including the CEO, sold a total of $564K in open-market sales over a 5-day window ending June 5, 2026. The sales coincide with the company entering into a new $7.3B credit agreement on June 5, raising the possibility that insiders were executing pre-planned trades before or after a material corporate event. The dollar amount is modest relative to the $7.3B market cap (~0.008%), making the cluster economically trivial despite the CEO's participation.
Key Financial Metrics
Actionable Insight
The insider sales are too small to signal a bearish view. The credit agreement is a standard refinancing. Monitor the next 10-Q for any change in leverage or cash flow guidance that could explain the CEO's sale timing.
Key Facts
- CEO Todd P. Kelsey sold 1,000 shares for $290,000 on June 3, 2026.
- Regional President Michael J. Running sold 510 shares for $138,804 on June 5, 2026.
- Director Karen Marie Rapp sold 500 shares for $135,000 on June 1, 2026.
- Total insider sales of $564K represent ~0.008% of PLXS's $7.3B market cap.
- On June 5, 2026, PLXS entered into a Second Amended and Restated Credit Agreement with JPMorgan and other lenders.
- The credit agreement refinances the prior 2022 facility and includes financial covenants, increased commitments, and an accordion feature.
Financial Impact
Insider sales of $564K are immaterial relative to $7.3B market cap. The new credit agreement is a routine refinancing with no disclosed change in borrowing capacity or terms that would materially alter the company's financial profile.
Risk Factors
- CEO selling near a credit agreement signing could be perceived negatively by the market, though the dollar amount is trivial.
- The new credit agreement may contain tighter covenants or higher borrowing costs not disclosed in the filing excerpt.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PLXS-1780952406163 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 8, 2026
1d ago
|
Insider Cluster
| $282.30 awaiting T+5 | awaiting T+5 | — | $282.29 (−0.00%) |
|
Jun 1, 2026
8d ago
|
Press Release
| $271.40 $273.01 | ▲ +0.59% | ▲ +3.34% | $282.29 (+4.01%) |
|
May 6, 2026
5w ago
|
Insider Cluster
| $265.04 $261.91 | ▼ −1.18% | ▼ −2.35% | $282.29 (+6.51%) |
|
Apr 29, 2026
5w ago
|
8-K
| $250.58 $265.04 | ▲ +5.77% | ▲ +4.04% | $282.29 (+12.65%) |
|
Apr 15, 2026
7w ago
|
Press Release
| $222.88 $249.87 | ▲ +12.11% | ▲ +11.13% | $282.29 (+26.66%) |
|
Feb 25, 2026
15w ago
|
Insider Cluster
| $204.09 $197.97 | ▼ −3.00% | ▼ −1.90% | $282.29 (+38.32%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access