Preformed Line Products (PLPC) insider moves 9,121 shares between family trusts
Rhea-AI Filing Summary
Preformed Line Products large shareholder Randall M. Ruhlman reported an internal restructuring involving 9,121 common shares at $358.15 per share. One trust disposed of the shares and another trust he administers acquired the same amount, described as an exchange of cash for stock for estate planning purposes.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
RUHLMAN RANDALL M
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common shares, $2 par value F1 | 9,121 | $358.15 | $3.27M |
| Other | Common shares, $2 par value F1 | 9,121 | $358.15 | $3.27M |
| holding | Common Shares, $2 par value per share | -- | -- | -- |
Holdings After Transaction:
Common shares, $2 par value — 451,751 shares (Direct);
Common shares, $2 par value — 414,321 shares (Indirect, by trust);
Common Shares, $2 par value per share — 146,769 shares (Indirect, by trust)
Footnotes (1)
- F1. The reported transaction reflects the sale and transfer of common shares from The Randall M. Ruhlman Declaration of Trust 1, dated December 10, 2020, of which the reporting person is beneficiary and trustee, to the Barbara P. Ruhlman Irrevocable Trust FBO Randall M. Ruhlman, dated August 27, 2024. The transaction was effected at a purchase price equal to the fair market value of the issuer's common shares on the date of transfer, as determined by the closing market price. The transaction constituted an exchange of cash for stock between the two trusts, each of which is administered by Randall M. Ruhlman as trustee and is for the benefit of the reporting person and his descendants and was undertaken for estate planning purposes.
Key Figures
Shares transferred between trusts: 9,121 shares
Transfer price per share: $358.15 per share
Direct holdings after transaction: 451,751 shares
+2 more
5 metrics
Shares transferred between trusts
9,121 shares
Sale and transfer of common shares between two trusts on 2026-08-03
Transfer price per share
$358.15 per share
Purchase price equal to fair market value based on closing market price
Direct holdings after transaction
451,751 shares
Common shares held directly by Randall M. Ruhlman after 2026-08-03
Indirect trust holdings after transaction
414,321 shares
Common shares held indirectly by trust after the restructuring
Additional indirect trust holdings
146,769 shares
Separate indirect trust position reported as of 2026-08-03
Key Terms
irrevocable trust, fair market value, closing market price, estate planning purposes
4 terms
irrevocable trust financial
"to the Barbara P. Ruhlman Irrevocable Trust FBO Randall M. Ruhlman"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
fair market value financial
"at a purchase price equal to the fair market value of the issuer's common shares"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
closing market price financial
"as determined by the closing market price"
estate planning purposes financial
"and was undertaken for estate planning purposes"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Randall M. Ruhlman report for PLPC?
Randall M. Ruhlman reported an internal transfer of 9,121 common shares of Preformed Line Products at $358.15 per share. The shares moved between two trusts he administers and was characterized as an exchange of cash for stock for estate planning purposes.
Was the PLPC Form 4 transaction an open-market buy or sell?
The Form 4 for PLPC describes an exchange of cash for stock between two trusts administered by Randall M. Ruhlman. It was undertaken for estate planning purposes, rather than as a typical open-market purchase or sale involving public investors.
What are Randall M. Ruhlman’s reported PLPC holdings after the trust transfers?
After the trust transfers, Randall M. Ruhlman reported 451,751 common shares held directly, and additional indirect holdings of 414,321 shares and 146,769 shares held by trusts. These amounts reflect his reported positions following the August 3, 2026 restructuring.