Olenik John J 4
4 · PREFORMED LINE PRODUCTS CO · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Preformed Line (PLPC) VP John J. Olenik Sells 752 Shares
What Happened
- John J. Olenik, Vice President — Research & Engineering at Preformed Line Products Co. (PLPC), disposed of 752 shares to the issuer on March 12, 2026. The shares were reported at $260.84 each, for a total transaction value of $196,152. This was a disposition (sale/transfer) to the company, not a market purchase.
Key Details
- Transaction date and price: 2026-03-12 at $260.84 per share (total $196,152).
- Transaction type/code: Disposition to issuer (D).
- Owned after transaction: The filing notes the reporting person’s proportionate interest in the Preformed Line Stock fund equals 836 common shares (see footnote).
- Footnotes of note:
- F1: Reporting person’s actual proportionate interest in the unitized stock fund equals 836 common shares due to a NAV/closing-price difference and a cash rebalance in the fund.
- F2: Restricted stock units mentioned in the filing vest three years from the grant date.
- Filing timing: Report filed 2026-03-13 for a 2026-03-12 transaction (no late filing indicated).
Context
- “Disposition to the issuer” indicates the shares were transferred back to the company per the Form 4; the filing’s footnote explains the reporting person’s stake in a unitized stock fund that affects the reported share equivalence. The filing is informational and does not provide the insider’s motive.
Insider Transaction Report
Form 4
Olenik John J
VP-Research & Engineering
Transactions
- Disposition to Issuer
Common shares, $2 par value
[F1]2026-03-12$260.84/sh−752$196,152→ 0 total(indirect: By 401(k))
Holdings
- 7,506
Common shares, $2 par value
- 730
Restricted stock units
[F2]Exercise: $0.00→ Common shares, $2 par value (730 underlying) - 783
Restricted stock units
[F2]Exercise: $0.00→ Common shares, $2 par value (783 underlying) - 441
Restricted stock units
[F2]Exercise: $0.00→ Common shares, $2 par value (441 underlying)
Footnotes (2)
- [F1]The reporting person's actual proportionate interest in the unitized stock fund, Preformed Line Stock fund, equals to 836 Common shares of the Issuer due to the difference between the net asset value per share and the closing stock price of the Common shares on March 12, 2026, as well as the rebalance of the cash position held within the Preformed Line Stock fund.
- [F2]Restricted stock units vest 3 years from the date of grant.
Signature
/s/ Caroline S. Vaccariello, by power of attorney|2026-03-13