4Filed Aug 3, 8:00 PM ET
Preformed Line Products (PLPC) Director Maegan Cross Gifts 18,000 Shares
$PLPC · PREFORMED LINE PRODUCTS COResearch Summary
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Preformed Line Products (PLPC) Director Maegan Cross Gifts 18,000 Shares
What Happened Maegan Adams Ruhlman Cross, a director of Preformed Line Products Co. (PLPC), transferred 18,000 common shares as a bona fide gift on June 9, 2026. The reported transaction lists $0 consideration (transaction code G). The shares were moved into the "Maegan Adams Ruhlman Cross 2025 Generation-Skipping Trust," for the benefit of the reporting person and her descendants, with Maegan Cross serving as Trustee.
Key Details
- Transaction type: Gift (Form 4 code G).
- Date of transaction: June 9, 2026; Form 4 filed August 4, 2026.
- Shares transferred: 18,000; reported price/consideration: $0.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: The transfer was to the Maegan Adams Ruhlman Cross 2025 Generation-Skipping Trust for the benefit of the reporting person and her descendants; Maegan Cross is Trustee.
- Timeliness: The Form 4 was filed nearly two months after the transaction, which is later than the typical two-business-day filing requirement for insiders.
Context Gifts are estate- or tax-planning actions and do not necessarily indicate the insider’s view on the company’s stock. Late filing reduces timely transparency for investors but does not by itself indicate improper trading.