PLPC VP disposes 1,000 shares to issuer
PREFORMED LINE PRODUCTS CO officer John J. Olenik, VP-Research & Engineering, reported an internal share transaction.
Sentiment and the balance of points
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Rhea-AI Filing Summary
PREFORMED LINE PRODUCTS CO officer John J. Olenik, VP-Research & Engineering, reported an internal share transaction. He disposed of 1,000 common shares back to the company in a disposition to issuer at $360.91 per share, leaving 6,506 common shares held directly.
Olenik also reported holdings of restricted stock units that convert into 441, 783, and 730 common shares, respectively. These restricted stock units vest three years from the date of grant, indicating additional potential future equity exposure beyond his current share ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common shares, $2 par value | 1,000 | $360.91 | $361K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
Footnotes (1)
- F1. Restricted stock units vest 3 years from the date of grant.
Key Figures
Key Terms
Restricted stock units financial
Disposition to issuer financial
beneficial ownership financial
FAQ
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What insider transaction did PLPC executive John J. Olenik report?
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When do John J. Olenik’s PLPC restricted stock units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.