Preformed Line Products (PLPC) director logs stock grant, trust and divorce transfers
Rhea-AI Filing Summary
Preformed Line Products Co director reports several stock transactions involving company shares. On 12/15/2025, the director received 360 common shares of Preformed Line Products Co as an other stock-based award under the 2016 Long Term Incentive Plan for non-employee directors, recorded at a price of $0 per share as compensation.
The director then reported a gift transfer of 360 common shares to a trust for which the director is trustee, and the trust is shown as holding 2,435 common shares after that transfer. A further transfer of 180 common shares from the trust to the director’s ex-spouse pursuant to a divorce agreement reduced the trust’s holdings to 2,255 common shares held indirectly.
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FAQ
What insider transactions did Preformed Line Products (PLPC) disclose in this filing?
The filing shows a director received 360 common shares as an other stock-based award under the 2016 Long Term Incentive Plan for non-employee directors, then reported a gift of 360 shares to a trust and a subsequent transfer of 180 shares from the trust to the director’s ex-spouse.
How many Preformed Line Products (PLPC) shares does the director hold after these transactions?
After the reported transactions on 12/15/2025, the director is listed with no direct ownership and an indirect holding of 2,255 common shares through a trust of which the director is the trustee.
What is the nature of the stock award reported by the Preformed Line Products (PLPC) director?
The filing states the 360 common shares represent an other stock-based award granted under the 2016 Long Term Incentive Plan as annual compensation for service on the Board of Directors, with a reported price of $0 per share.
Why were some Preformed Line Products (PLPC) shares transferred to a trust?
The filing explains that 360 common shares were reported as a gift transfer of the grant to a trust of which the reporting person is the trustee, and that shares in the trust are held with the reporting person serving as trustee.
What is the reason for the transfer of Preformed Line Products (PLPC) shares to the ex-spouse?
The document states that 180 common shares were transferred from the trust to the reporting person’s ex-spouse pursuant to a divorce agreement, reducing the trust’s indirect holdings.
Does this Preformed Line Products (PLPC) filing involve derivative securities?
The section for derivative securities is included but shows no derivative transactions reported for the period, with no entries listed in Table II.