PREFORMED LINE PRODUCTS CO·4

Mar 11, 5:39 PM ET

Ruhlman Jon Ryan 4

Research Summary

AI-generated summary

Updated

Preformed Line Products (PLPC) President Jon Ruhlman Sells 2,000 Shares

What Happened
Jon Ruhlman, President and a director of Preformed Line Products Co. (PLPC), recorded a disposition to the issuer of 2,000 shares on 2026-03-10 at $260.34 per share, for a total value of $520,680. The transaction is reported on a Form 4 filed 2026-03-11. The reported transaction code is "D" (disposition to the issuer).

Key Details

  • Transaction date: 2026-03-10; Price: $260.34 per share; Total value: $520,680.
  • Filing date: 2026-03-11 (within the usual Form 4 reporting window).
  • Shares owned after the transaction: not specified in the provided filing.
  • Footnote: F1 notes restricted stock units (RSUs) vest three years from the grant date. The "D" code and the RSU footnote indicate this disposition may be related to equity award settlement or issuer withholding, not an open-market sale.
  • No 10b5-1 plan or late filing is indicated in this report.

Context
Dispositions to the issuer are commonly used to satisfy tax withholding or settle restricted stock/RSU obligations and are typically routine administrative actions rather than market-timing sales. For retail investors, outright purchases usually carry stronger signals about insider confidence; this filing appears consistent with compensation settlement mechanics.