Hofstetter John M 4

What Happened

• John M. Hofstetter, Executive Vice President of Preformed Line Products Co. (PLPC), recorded a disposition to the issuer of 6,000 shares on March 10, 2026. The shares were disposed at $260.34 each, for a total value of $1,562,040. The Form 4 lists the transaction code "D" (disposition to the issuer).

Key Details

• Transaction date: 2026-03-10; Price: $260.34 per share; Total value: $1,562,040.
• Transaction type: Disposition to issuer (code D) — shares transferred back to the company.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: Restricted stock units vest three years from the date of grant (F1).
• Filing timeliness: Form filed on 2026-03-11 for a 2026-03-10 transaction — appears timely (no late filing indicated).

Context

• A "disposition to the issuer" often reflects surrendering shares back to the company (for example, to satisfy tax-withholding or as part of award settlement), but the filing does not state the specific reason. This is a sale-like transaction (a disposition), which is generally considered routine for executives and does not on its own indicate the insider's view of the company's prospects.