Vaccariello Caroline Saylor 4
4 · PREFORMED LINE PRODUCTS CO · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Preformed Line Products (PLPC) GC Caroline Vaccariello Sells 1,547 Shares
What Happened Caroline S. Vaccariello, General Counsel and Corporate Secretary of Preformed Line Products Co. (PLPC), disposed of 1,547 shares to the issuer on 2026-03-10 at $260.34 per share, for a total of $402,746. The filing reports a "Disposition to the issuer" (transaction code D), meaning the shares were transferred back to the company rather than sold on the open market.
Key Details
- Transaction date: 2026-03-10; Form 4 filed: 2026-03-11 (appears timely).
- Transaction type: Disposition to issuer (code D).
- Shares disposed: 1,547 at $260.34 each; total value $402,746.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — Restricted stock units vest 3 years from the date of grant.
- No indication in the filing of a 10b5-1 plan or that the filing was late.
Context A "disposition to the issuer" often reflects shares surrendered to the company (commonly to cover tax withholding when restricted stock units vest) rather than an open-market sale. The filing notes RSUs vest after three years (F1), which may be related. This type of transfer is typically routine and should not be read on its own as a signal of the insider's view on the company's long-term prospects.
Insider Transaction Report
- Disposition to Issuer
Common shares, $2 par value
2026-03-10$260.34/sh−1,547$402,746→ 1,908 total
- 479(indirect: By 401(k))
Common shares, $2 par value
- 16,857(indirect: By Trust)
Common shares, $2 par value
- 966
Restricted stock units
[F1]Exercise: $0.00→ Common shares, $2 par value (966 underlying) - 995
Restricted stock units
[F1]Exercise: $0.00→ Common shares, $2 par value (995 underlying) - 564
Restricted stock units
[F1]Exercise: $0.00→ Common shares, $2 par value (564 underlying)
Footnotes (1)
- [F1]Restricted stock units vest 3 years from the date of grant.