David C Sunkle 4
4 · PREFORMED LINE PRODUCTS CO · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Preformed Line Products (PLPC) Director David Sunkle Sells 1,600 Shares
What Happened
Director David C. Sunkle disposed of 1,600 shares of Preformed Line Products Co. (PLPC) on March 10, 2026. The shares were disposed to the issuer (transaction code D) at a price of $260.34 per share, for a total value of $416,544. This was a sale/disposition (not a purchase) and is typically viewed as routine insider selling rather than a bullish purchase signal.
Key Details
- Transaction date: 2026-03-10; Form 4 filed: 2026-03-11 (timely filing).
- Price per share: $260.34; Total proceeds: $416,544.
- Transaction type/code: Disposition to issuer (Code D).
- Shares owned after transaction: Not specified in the information provided; see the filed Form 4 for post-transaction holdings.
- No 10b5-1 plan, tax-withholding, or other footnotes were noted in the summary provided.
Context
A "disposition to issuer" means the shares were transferred back to the company rather than sold on the open market; the Form 4 does not specify the reason (e.g., tax withholding, surrender to satisfy an obligation). The filing appears timely (reported the next day), and because this is a sale/disposition, it should be interpreted as an insider sale—not direct evidence of management's view on long-term company prospects.
Insider Transaction Report
- Disposition to Issuer
Common shares, $2 par value
2026-03-10$260.34/sh−1,600$416,544→ 1,607 total
- 408(indirect: By 401(k))
Common shares, $2 par value