RUHLMAN ROBERT G 4
4 · PREFORMED LINE PRODUCTS CO · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
PLPC 10% Owner Robert G. Ruhlman Receives Award; Withholds Shares
What Happened Robert G. Ruhlman, listed as a 10% owner of Preformed Line Products Co. (PLPC), was granted 13,386 restricted stock units (RSUs) on Feb 4, 2026 (award code A). To satisfy tax withholding related to the award, 5,924 shares were surrendered/disposed (code F) at a per-share value of $245.42, totaling $1,453,868. The RSUs are recorded at $0 acquisition price because they convert to common stock only if performance goals are met.
Key Details
- Transaction date: 2026-02-04; Form 4 filed 2026-02-06 (timely filing).
- Grant: 13,386 RSUs (code A) — acquisition reported at $0.00 per share pending performance vesting.
- Withholding: 5,924 shares withheld/disposed (code F) at $245.42 each; total value $1,453,868 (tax withholding to cover liabilities).
- Footnote: RSUs convert one-for-one into common stock upon achievement of performance goals (F1).
- Shares owned after transaction: not specified in the provided filing details.
Context
- This was an award of performance-based RSUs, not an open-market buy or sell of existing shares. The withholding (F) is a common administrative step to cover taxes and does not necessarily reflect a market sale or change in investment stance.
- As a 10% owner, Ruhlman is a large insider; these types of grants are typical executive/ownership compensation rather than routine market trades.
Insider Transaction Report
- Award
Common shares, $2 par value
[F1]2026-02-04+13,386→ 294,097 total - Tax Payment
Common shares, $2 par value
2026-02-04$245.42/sh−5,924$1,453,868→ 288,173 total
- 60,000(indirect: By Trust)
Common Shares, $2 par value per share
- 40,500(indirect: By Spouse)
Common shares, $2 par value
- 574.71(indirect: By IRA)
Common shares, $2 par value
- 6,272.18(indirect: By 401(k))
Common shares, $2 par value
- 134,769(indirect: By Trust)
Common shares, $2 par value
- 156,648(indirect: By Trust)
Common shares, $2 par value
- 137,411(indirect: By Trust)
Common shares, $2 par value
- 405,200(indirect: By Trust)
Common shares, $2 par value
Footnotes (1)
- [F1]Restricted stock units convert into common stock on a one-for-one basis, based on the achievement of performance goals.