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PLPC (PLPC) CEO returns 7,887 shares to issuer, retains RSUs and trust stake

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PREFORMED LINE PRODUCTS CEO Dennis F. McKenna reported a disposition of 7,887 common shares of the company on March 10, 2026, labeled as a “Disposition to issuer” at $260.34 per share. This reduced his directly held common shares to zero.

He continues to have equity exposure through 2,308 restricted stock units, each tied to common shares and vesting three years from the grant date, and 24,535 common shares held indirectly via a rabbi trust for the Deferred Compensation Plan.

Positive

  • None.

Negative

  • None.

Insights

CEO returned shares to issuer but retains sizeable indirect and RSU exposure.

The Form 4 shows CEO Dennis F. McKenna disposed of 7,887 common shares in a transaction coded D, defined as a disposition to the issuer, at $260.34 per share. This eliminated his directly owned common stock position.

However, he still holds 2,308 restricted stock units, each tied to common shares, which vest three years after grant per the footnote, and 24,535 common shares indirectly through a rabbi trust for the Deferred Compensation Plan. The filing does not indicate open-market buying or selling, suggesting a mainly administrative equity adjustment rather than a directional market trade.

Insider McKenna Dennis F
Role CEO
Type Security Shares Price Value
Disposition Common shares, $2 par value 7,887 $260.34 $2.05M
holding Restricted stock units -- -- --
holding Common shares, $2 par value -- -- --
Holdings After Transaction: Common shares, $2 par value — 0 shares (Direct); Restricted stock units — 2,308 shares (Direct); Common shares, $2 par value — 24,535 shares (Indirect, by rabbi trust for Deferred Compensation Plan)
Footnotes (1)
  1. F1. Restricted stock units vest 3 years from the date of grant.

FAQ

What did PLPC CEO Dennis McKenna report in this Form 4?
He reported a disposition to the issuer of 7,887 common shares of PREFORMED LINE PRODUCTS at $260.34 per share. This transaction reduced his directly held common stock position to zero while leaving indirect holdings and restricted stock units in place.

Is the PLPC CEO’s Form 4 transaction an open-market sale?
No, the transaction is coded D, described as a “Disposition to issuer”, not an open-market sale. This means the shares were returned to the company rather than sold on the open market, making it more of an internal equity adjustment than a market trade.

How many PLPC shares does the CEO still have exposure to after this filing?
After the disposition, he holds 2,308 restricted stock units tied to common shares and 24,535 common shares indirectly through a rabbi trust for the Deferred Compensation Plan. These positions show he continues to have meaningful equity exposure to PREFORMED LINE PRODUCTS.

What are the terms of the PLPC restricted stock units held by the CEO?
The footnote states that the restricted stock units vest three years from the date of grant. The filing shows 2,308 underlying common shares associated with these units, giving the CEO a time-based equity incentive that links his compensation to future company performance.

How should investors interpret the ‘Disposition to issuer’ in the PLPC Form 4?
The Disposition to issuer code indicates shares were transferred back to the company, not sold into the market. While it eliminates his direct common share holdings, the CEO’s remaining RSUs and indirect shares suggest ongoing alignment with PREFORMED LINE PRODUCTS’ equity performance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McKenna Dennis F
(Last) (First) (Middle)
660 BETA DRIVE
(Street)
CLEVELAND OH 44143
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PREFORMED LINE PRODUCTS CO [ PLPC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common shares, $2 par value 03/10/2026 D 7,887 D $260.34 0 D
Common shares, $2 par value 24,535 I by rabbi trust for Deferred Compensation Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted stock units $0 (1) (1) Common shares, $2 par value 2,308 2,308 D
Explanation of Responses:
1. Restricted stock units vest 3 years from the date of grant.
Remarks:
/s/Carroline S. Vaccariello, by power of attorney 03/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR