Preformed Line Products Co (NASDAQ: PLPC) reports 18,000-share gift to insider trust
Rhea-AI Filing Summary
Ruhlman Jon Ryan reported acquisition or exercise transactions in this Form 4 filing.
PREFORMED LINE PRODUCTS CO President and director Jon Ryan Ruhlman reported that a trust for his benefit received a bona fide gift of 18,000 common shares on June 9, 2026, bringing that trust’s indirect holdings to 18,000 shares. He also reports direct ownership of 2,784 common shares, additional indirect holdings through retirement and deferred compensation plans, and restricted stock units covering 1,386 and 1,380 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 18,000 shares
Net Buy
7 txns
Insider
Ruhlman Jon Ryan
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares, $2 par value per share F1 | 18,000 | $0.00 | $0.00 |
| holding | Restricted stock units F2 | -- | -- | -- |
| holding | Restricted stock units F2 | -- | -- | -- |
| 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 per share — 18,000 shares (Indirect, by Trust);
Restricted stock units — 2,766 shares (Direct);
Common shares, $2 par value — 2,784 shares (Direct);
Common shares, $2 par value — 79 shares (Indirect, by 401(k) plan);
Common shares, $2 par value — 650 shares (Indirect, by Roth IRA);
Common shares, $2 par value — 4,379 shares (Indirect, by rabbi trust for deferred compensation plan)
Footnotes (2)
- F1. On June 9, 2026, the reported shares were transferred as a bona fide gift from Robert Ruhlman to the Jon Ryan Ruhlman 2025 Generation-Skipping Trust for the benefit of the reporting person and his descendants. Jon Ryan Ruhlman serves as Trustee of such trust.
- F2. Restricted stock units vest 3 years from the date of grant.
Key Figures
Gifted common shares: 18,000 shares
Trust indirect holdings: 18,000 shares
Direct common shares: 2,784 shares
+5 more
8 metrics
Gifted common shares
18,000 shares
Bona fide gift to Jon Ryan Ruhlman 2025 Generation-Skipping Trust on June 9, 2026
Trust indirect holdings
18,000 shares
Common shares held indirectly via generation-skipping trust after the reported gift
Direct common shares
2,784 shares
Common shares held directly by Jon Ryan Ruhlman after the transactions
401(k) plan holdings
79 shares
Common shares held indirectly via 401(k) plan
Roth IRA holdings
650 shares
Common shares held indirectly via Roth IRA
Rabbi trust holdings
4,379 shares
Common shares held indirectly via rabbi trust for deferred compensation plan
RSU underlying shares grant 1
1,386 shares
Restricted stock units convertible into common shares, $2 par value
RSU underlying shares grant 2
1,380 shares
Restricted stock units convertible into common shares, $2 par value
Key Terms
bona fide gift, generation-skipping trust, rabbi trust, restricted stock units
4 terms
bona fide gift financial
"reported shares were transferred as a bona fide gift from Robert Ruhlman"
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
"to the Jon Ryan Ruhlman 2025 Generation-Skipping Trust for the benefit"
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.
restricted stock units financial
"Restricted stock units vest 3 years from the date of grant"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction in PLPC stock was reported on June 9, 2026?
A trust benefiting Jon Ryan Ruhlman received a bona fide gift of 18,000 PLPC common shares on June 9, 2026. The shares were transferred from Robert Ruhlman to the 2025 generation-skipping trust, for the benefit of the reporting person and his descendants.
What restricted stock units linked to PLPC does Jon Ryan Ruhlman hold?
He holds two blocks of restricted stock units convertible into PLPC common shares: one covering 1,386 underlying shares and another covering 1,380 underlying shares. According to the disclosure, these restricted stock units vest three years from the respective grant dates.