CORLETT GLEN E 4
4 · PREFORMED LINE PRODUCTS CO · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Preformed Line Products (PLPC) Director Glen E. Corlett Sells 400 Shares
What Happened
Glen E. Corlett, a director of Preformed Line Products Co. (PLPC), reported a disposition to the issuer of 400 shares on 2026-03-12. The shares were transferred at $260.24 per share for a total transaction value of $104,096. This transaction is a sale/disposition (code D on the Form 4), which is often routine and does not by itself indicate the insider’s view of the company.
Key Details
- Transaction date and price: 2026-03-12, 400 shares at $260.24 each.
- Total value: $104,096.
- Transaction type/code: Disposition to issuer (D) — shares were transferred to the company (not an open-market sale).
- Shares owned after transaction: Not specified in the information provided.
- Filing timeliness: Form filed 2026-03-16 (filed on the second business day after the transaction), so the filing appears timely.
- No footnotes, 10b5-1 plan, or tax-withholding details were provided in the supplied data.
Context
A "disposition to issuer" can reflect several administrative actions (for example, share surrender to the company), and is different from an open-market sale. As with all insider filings, this is a factual record of the transaction; it does not explain the insider’s motivation.
Insider Transaction Report
- Disposition to Issuer
Common shares, $2 par value
2026-03-12$260.24/sh−400$104,096→ 5,611 total
- 2,000(indirect: By IRA)
Common shares, $2 par value