O'Shaughnessy Timothy 4

What Happened
Timothy O'Shaughnessy, Vice President of Human Resources at Preformed Line Products Co. (PLPC), recorded a disposition to the issuer on March 10, 2026: 1,244 shares were delivered/surrendered at $260.34 per share for a total value of $323,863. This was a disposition (not an open-market sale) and is consistent with shares being turned back to the company rather than a market trade.

Key Details

• Transaction date and price: 2026-03-10 — 1,244 shares at $260.34 each.
• Total value: $323,863 (calculated as shares × price).
• Transaction code: D (Disposition to issuer).
• Filing date: Form 4 filed 2026-03-11 (reporting the 3/10/2026 transaction).
• Shares owned after transaction: Not reported in the filing.
• Footnote: F1 — restricted stock units vest 3 years from the date of grant (suggests these were RSU-related and the disposition was likely for tax withholding).

Context
A "disposition to the issuer" commonly occurs when an executive surrenders shares to the company to satisfy tax withholding obligations on vested restricted stock units (RSUs). This is different from an open-market sale and does not necessarily indicate a bearish signal about the company's prospects. The filing does not show an open-market sale or a 10b5-1 plan.