Preformed Line Products (PLPC) leader gifts 36,000 shares to family trusts
Rhea-AI Filing Summary
Preformed Line Products Executive Chairman and 10% owner Robert G. Ruhlman reported bona fide gifts totaling 36,000 common shares of the company. He transferred 18,000 shares each to two 2025 Generation-Skipping Trusts for family beneficiaries and continues to report various indirect holdings through trusts, his spouse, a Roth IRA, a 401(k) plan and a rabbi trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 36,000 shares
Net Sell
10 txns
Insider
RUHLMAN ROBERT G
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common shares, $2 par value F1 | 18,000 | $0.00 | $0.00 |
| Gift | Common shares, $2 par value F2 | 18,000 | $0.00 | $0.00 |
| holding | Common Shares, $2 par value per share | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Holdings After Transaction:
Common shares, $2 par value — 249,673 shares (Direct);
Common Shares, $2 par value per share — 60,000 shares (Indirect, by trust);
Common shares, $2 par value — 40,500 shares (Indirect, by spouse);
Common shares, $2 par value — 574.71 shares (Indirect, By Roth IRA);
Common shares, $2 par value — 6,272.18 shares (Indirect, by 401(k) plan);
Common shares, $2 par value — 677,380 shares (Indirect, by trust);
Common shares, $2 par value — 156,648 shares (Indirect, by rabbi trust for deferred compensation plan)
Footnotes (2)
- F1. On June 6, 2026, the reported shares were transferred as a bona fide gift by the reporting person to the Maegan Adams Ruhlman Cross 2025 Generation-Skipping Trust for the benefit of Maegan Adams Ruhlman Cross and her descendants. Maegan Adams Ruhlman Cross serves as Trustee of such trust.
- F2. On June 9, 2026, the reported shares were transferred as a bona fide gift by the reporting person to the Jon Ryan Ruhlman 2025 Generation-Skipping Trust for the benefit of Jon Ryan Ruhlman and his descendants. Jon Ryan Ruhlman serves as Trustee of such trust.
Key Figures
Total gifted shares: 36000 shares
Gift to Maegan Adams Ruhlman Cross 2025 Generation-Skipping Trust: 18000.0000 shares
Gift to Jon Ryan Ruhlman 2025 Generation-Skipping Trust: 18000.0000 shares
+5 more
8 metrics
Total gifted shares
36000 shares
Total common shares reported as bona fide gifts across two transactions
Gift to Maegan Adams Ruhlman Cross 2025 Generation-Skipping Trust
18000.0000 shares
Common shares transferred as a bona fide gift to the Maegan Adams Ruhlman Cross 2025 Generation-Skipping Trust
Gift to Jon Ryan Ruhlman 2025 Generation-Skipping Trust
18000.0000 shares
Common shares transferred as a bona fide gift to the Jon Ryan Ruhlman 2025 Generation-Skipping Trust
Indirect holdings by trust
60000.0000 shares
Common shares reported as indirectly owned "by trust" following the transactions
Indirect holdings by spouse
40500.0000 shares
Common shares reported as indirectly owned "by spouse" following the transactions
Indirect holdings by rabbi trust
156648.0000 shares
Common shares held by a rabbi trust for a deferred compensation plan
Roth IRA holdings
574.7100 shares
Common shares reported as indirectly owned "By Roth IRA"
401(k) plan holdings
6272.1800 shares
Common shares reported as indirectly owned "by 401(k) plan"
Key Terms
bona fide gift, Generation-Skipping Trust, rabbi trust, deferred compensation plan
4 terms
bona fide gift financial
"the reported shares were transferred as a bona fide gift by the reporting person"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Generation-Skipping Trust financial
"Maegan Adams Ruhlman Cross 2025 Generation-Skipping Trust for the benefit of Maegan"
rabbi trust financial
"by rabbi trust for deferred compensation plan"
A rabbi trust is a special account a company sets up to hold promised future pay for executives, like bonus or retirement money, so those employees can see there are funds earmarked for them. It matters to investors because it signals the company’s commitment to keep key people, but the money is still part of the company’s assets and can be claimed by creditors if the company goes bankrupt—think of it as a labeled jar that isn’t completely off-limits.
deferred compensation plan financial
"by rabbi trust for deferred compensation plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PLPC executive Robert G. Ruhlman report?
Robert G. Ruhlman reported bona fide gifts totaling 36,000 common shares of Preformed Line Products. He gifted 18,000 shares each to two separate 2025 Generation-Skipping Trusts established for the benefit of his descendants.
Were Robert G. Ruhlman’s PLPC transactions sales or gifts?
The reported PLPC transactions were bona fide gifts, not market sales. Each transaction used code G, indicating a gift, with a reported price of 0.0000 per share, so no sale proceeds were involved.
What types of indirect PLPC holdings does Ruhlman report on this Form 4?
Ruhlman reports indirect PLPC holdings by trust, by spouse, by Roth IRA, by 401(k) plan, and by rabbi trust. Reported post-transaction amounts include 60,000 shares by trust, 40,500 by spouse, 6,272.1800 by a 401(k), and 156,648.0000 by a rabbi trust.