Klaus Andrew S 4
4 · PREFORMED LINE PRODUCTS CO · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
PLPC CFO Klaus Andrew S Sells 2,365 Shares
What Happened Klaus Andrew S, Chief Financial Officer of Preformed Line Products Co. (PLPC), recorded a disposition to the issuer on March 10, 2026, surrendering 2,365 shares at $260.34 per share for a total of $615,704. This was a sale/disposition rather than a purchase—such disposals are often routine (e.g., tax withholding on vesting).
Key Details
- Transaction type: Disposition to issuer (code D)
- Date: 2026-03-10
- Shares disposed: 2,365
- Price per share: $260.34
- Total value: $615,704
- Shares owned after transaction: Not disclosed in the provided filing
- Filing date: 2026-03-11 (filed the next day; within the typical 2-business-day Form 4 window)
- Footnote: F1 — restricted stock units vest 3 years from the date of grant
Context A "disposition to the issuer" frequently reflects shares surrendered to the company to cover tax withholding upon vesting of equity awards. The filing’s footnote confirms these were related to restricted stock units (RSUs) that vest three years after grant. This type of insider activity is typically administrative and does not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
- Disposition to Issuer
Common shares, $2 par value
2026-03-10$260.34/sh−2,365$615,704→ 14,553 total
- 4,947(indirect: By Trust)
Common shares, $2 par value
- 1,139
Restricted stock units
[F1]Exercise: $0.00→ Common shares, $2 par value (1,139 underlying) - 1,221
Restricted stock units
[F1]Exercise: $0.00→ Common shares, $2 par value (1,221 underlying) - 693
Restricted stock units
[F1]Exercise: $0.00→ Common shares, $2 par value (693 underlying)
Footnotes (1)
- [F1]Restricted stock units vest 3 years from the date of grant.