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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common shares, $2 par value | 360 | $0.00 | -- |
| Gift | Common shares, $2 par value | 360 | $0.00 | -- |
| Gift | Common shares, $2 par value | 360 | $0.00 | -- |
| Other | Common shares, $2 par value | 180 | $0.00 | -- |
Footnotes (1)
- Represents an other stock-based award under the 2016 Long Term Incentive Plan to non-employee directors as annual compensation for service on the Board of Directors. Represents a gift transfer of the reported grant to a trust of which the Reporting Person is the trustee. Shares are held in a trust of which the Reporting Person is the trustee. Represents a transfer of shares to Reporting Person's ex-spouse pursuant to a divorce agreement.
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.
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.
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.