EVP Angelo Ninivaggi Jr. sold 5,568 shares ($1.47M) across six transactions while PLXS trades near 52-week highs and remains profitable with growing revenue.
Angelo Ninivaggi Jr., Executive Vice President and Chief Legal Officer, executed six separate sales over two trading days totaling approximately $1.47 million in aggregate proceeds. The sales occurred while the stock was trading near its 52-week high and has surged significantly over the past quarter, placing Ninivaggi's dispositions near a peak valuation point. Plexus remains a profitable, revenue-growing business with a substantial market capitalization, so this sale does not signal financial distress at the company level. However, Ninivaggi has now completed 21 open-market sales over the past 36 months with zero open-market purchases during that span, establishing a clear pattern of consistent net reduction in his holdings—this is his 16th through 21st sale in that window. The combination of the sale size, senior officer rank, sustained selling pattern, and timing near 52-week highs warrants observation, though the lack of other insider activity in a recent cluster and the company's solid fundamentals prevent this from rising to an urgent alert.