Preformed Line Products (PLPC) counsel logs equity grants and tax share withholding
Rhea-AI Filing Summary
Preformed Line Products General Counsel and Corporate Secretary Caroline S. Vaccariello reported equity compensation activity on February 4, 2026.
She received 1,517 common shares at $0 and 564 restricted stock units. To cover taxes on a prior vesting, 1,278 common shares were withheld at $245.42, leaving 3,455 common shares held directly, plus 479 shares in a 401(k) plan and 16,857 shares in a rabbi trust for a deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 239 shares
Net Buy
7 txns
Insider
Vaccariello Caroline Saylor
Role
General Counsel&Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 564 | $0.00 | $0.00 |
| Grant/Award | Common shares, $2 par value | 1,517 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common shares, $2 par value | 1,278 | $245.42 | $314K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Holdings After Transaction:
Restricted stock units — 2,525 shares (Direct);
Common shares, $2 par value — 3,455 shares (Direct);
Common shares, $2 par value — 479 shares (Indirect, by 401(k) plan);
Common shares, $2 par value — 16,857 shares (Indirect, by rabbi trust for Deferred Compensation Plan)
Footnotes (4)
- F1. Restricted stock units convert into common stock on a one-for-one basis, based on the achievement of performance goals.
- F2. This transaction includes the payment of 592 shares to cover the tax withholding for the vesting that occurred on December 31, 2025 with settlement not occurring until February 4, 2026.
- F3. Restricted stock units convert into common stock on a one-for-one basis.
- F4. Restricted stock units vest 3 years from the date of grant.
FAQ
What insider activity did PLPC report for Caroline Vaccariello on February 4, 2026?
Preformed Line Products reported that General Counsel Caroline S. Vaccariello received 1,517 common shares at $0 and 564 restricted stock units. The filing also shows shares withheld to cover tax obligations and updated direct and indirect share holdings.
What restricted stock unit awards are disclosed for PLPC’s General Counsel in this Form 4?
The filing shows an award of 564 restricted stock units that convert into common shares on a one-for-one basis. Additional RSU holdings of 966 and 995 units are reported, with the footnotes stating these units vest three years from the date of grant.
How do the PLPC restricted stock units convert for Caroline Vaccariello?
The footnotes state that restricted stock units convert into Preformed Line Products common stock on a one-for-one basis. Some units depend on achievement of performance goals, and the RSUs generally vest three years from the original grant date before conversion.
AI-generated analysis. How Rhea-AI works. Not financial advice.
