Preformed Line (NASDAQ: PLPC) 10% holder eyes new sale after $3.3M trade
Rhea-AI Filing Summary
PREFORMED LINE PRODUCTS CO (PLPC) has a notice from 10% stockholder Randall M. Ruhlman to sell 10,000 shares of common stock under Rule 144 through Charles Schwab Corp. The planned sale has an aggregate market value of $4,447,600.00 on NASDAQ.
The seller reports ownership of 4,888,701 shares outstanding for this class as referenced in the notice, and the shares derive from an inheritance. In the past three months, the same seller disposed of 9,121 shares of common stock for $3,266,686.15.
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Key Figures
Shares to be sold: 10,000 shares
Aggregate market value of planned sale: $4,447,600.00
Shares outstanding (class reference): 4,888,701 shares
+5 more
8 metrics
Shares to be sold
10,000 shares
Common stock covered by the Rule 144 notice
Aggregate market value of planned sale
$4,447,600.00
Value of 10,000 PLPC common shares to be sold
Shares outstanding (class reference)
4,888,701 shares
Referenced as outstanding for the common stock class
Recent shares sold
9,121 shares
Shares of common stock sold on 08/03/2026 in prior 3 months
Value of recent sales
$3,266,686.15
Aggregate sale price for 9,121 shares sold on 08/03/2026
Ownership status
10% Stockholder
Status of Randall M. Ruhlman relative to PLPC
Date of inheritance acquisition
07/02/2022
Acquisition date for inherited shares linked to Barbara Ruhlman
Approximate date of sale
08/19/2026
Approximate date of the planned Rule 144 sale
Key Terms
Rule 144, 10% Stockholder, inheritance, declaration of trust, +1 more
5 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10% Stockholder financial
"Name of Person for Whose Account the Securities are To Be Sold ... 10% Stockholder"
inheritance financial
"Common | 07/02/2022 | Inheritance | Barbara Ruhlman"
Inheritance is the transfer of money, property or investments to someone after a person dies, like handing a family recipe or toolbox from one generation to the next. For investors it matters because inherited assets can change who controls shares, affect the size and composition of a portfolio, trigger taxes or fees, and create opportunities or pressures to sell or consolidate holdings, all of which can influence financial outcomes.
declaration of trust financial
"RANDALL M RUHLMAN TTEE DECLARATION OF TRUST 1 OF RAND ALL M. RUHLMAN"
A declaration of trust is a legal document that spells out who holds assets on behalf of others, what duties the holder has, and how income or profits are shared among beneficiaries. For investors it matters because it clarifies who controls the asset, how returns and losses will be allocated, and what rules govern distributions—think of it like a written instruction that tells a custodian how to manage and split the proceeds so investors know their rights and risks.
aggregate market value financial
"10000 | 4447600.00 | 4888701 | 08/19/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing for PLPC disclose about the planned stock sale?
The filing discloses that a 10% stockholder, Randall M. Ruhlman, plans to sell 10,000 shares of PREFORMED LINE PRODUCTS common stock under Rule 144. The intended sale, through Charles Schwab on NASDAQ, has an aggregate market value of $4,447,600.00.
AI-generated analysis. How Rhea-AI works. Not financial advice.