PLPC insider move: CEO 401(k) sale; 2,308 RSUs disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Preformed Line Products (PLPC) CEO filed a Form 4 reporting a disposition of 1,987 common shares at $211.85 on November 5, 2025.
Following the transaction, reported holdings include 5,125 common shares held directly and 24,535 held indirectly via a rabbi trust; the 401(k) plan shows 0 shares after the transaction. The filing also lists 2,308 restricted stock units that vest three years from grant. A note states the unitized 401(k) fund represented 1,411 share-equivalents as of November 5, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
McKenna Dennis F
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common shares, $2 par value | 1,987 | $211.85 | $421K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Holdings After Transaction:
Common shares, $2 par value — 0 shares (Indirect, by 401(k) plan);
Restricted stock units — 2,308 shares (Direct);
Common shares, $2 par value — 5,125 shares (Direct)
Footnotes (1)
- The reporting person's actual proportionate interest in the unitized stock fund, Preformed Line Stock fund, equals to 1,411 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 November 5, 2025, as well as the rebalance of the cash position held within the Preformed Line Stock fund. Restricted stock units vest 3 years from the date of grant.
FAQ
What did PLPC's CEO report on Form 4?
A disposition of 1,987 common shares at $211.85 on November 5, 2025.
What indirect PLPC holdings are reported by the CEO?
An indirect holding of 24,535 common shares via a rabbi trust is reported.
How many PLPC restricted stock units does the CEO hold?
The filing lists 2,308 RSUs, which vest three years from grant.
What does the footnote about the 401(k) fund indicate?
It states the unitized fund equaled 1,411 share-equivalents as of November 5, 2025 due to NAV and cash balance factors.