Vaccariello Caroline Saylor 4

What Happened
Caroline S. Vaccariello, General Counsel & Corporate Secretary of Preformed Line Products Co. (PLPC), received restricted stock unit (RSU) awards that converted into common shares and had 1,278 shares surrendered to cover tax withholding. On Feb 4, 2026 she was credited with 1,517 shares (acquired at $0.00 as RSU conversion) and an additional 564-share RSU award (derivative). Simultaneously, 1,278 shares were disposed at an attributed value of $245.42 per share, totaling $313,647, to satisfy tax obligations (code F).

Key Details

• Transaction date: 2026-02-04. Disposal price used for tax withholding: $245.42/share; total value of shares surrendered: $313,647.
• Acquisitions: 1,517 shares (RSU conversion) and 564 shares awarded (derivative RSUs). Disposition: 1,278 shares surrendered for tax withholding (not an open-market sale).
• Footnotes: RSUs convert one-for-one into common stock (F1, F3). 592 of the surrendered shares covered tax withholding for RSUs that vested on 12/31/2025 but settled on 2/4/2026 (F2). The 564-share award vests in 3 years from grant (F4).
• Transaction codes: A = Award/Grant (RSU conversion); F = Payment of exercise price or tax liability (sell-to-cover).
• Shares owned after transaction: not disclosed in the provided filing excerpt. Filing timeliness: not indicated in the provided data.

Context
This appears to be routine RSU vesting with a common “sell-to-cover” or share surrender to pay taxes rather than an open-market sale. Such tax withholding transactions are administrative and do not necessarily signal a change in the insider’s market view.