Plexus Director Karen Rapp Sells Shares Under Pre-Set Trading Plan
Karen Marie Rapp, a director at Plexus Corporation (NASDAQ:PLXS), sold 500 shares of the company's stock on August 31, 2026. The transaction was valued at $120,435 based on an average sale price of $240.87 per share and executed under a Rule 10b5-1 trading plan established in February 2026. Following the sale, Rapp still holds 7,535 shares directly, with her remaining stake valued at approximately $1.8 million based on Plexus' closing stock price of $239.47 that day. The company has a market capitalization of $6.8 billion and reported trailing twelve-month revenue of $4.6 billion. The transaction does not appear to signal any negative sentiment toward the company, as Rapp's continued ownership suggests ongoing alignment with Plexus' performance. Additionally, shares have risen nearly 85% over the past year compared to a 16.2% gain for the S&P 500.
Tickers: $PLXS
Topics: insider trading SEC filing stock sale