PLPC HR chief gets stock grants, withholds shares for taxes (PLPC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Preformed Line Products V.P. of Human Resources Timothy O'Shaughnessy reported equity compensation activity. On February 4, 2026, he acquired 1,227 common shares at $0, reflecting settlement of restricted stock units.
On the same date, 1,041 common shares were withheld at $245.42 to cover taxes from a prior vesting, leaving him with 5,244 common shares held directly and 92 shares held indirectly in a 401(k) plan. He also received 493 new restricted stock units, which, along with existing awards of 817 and 876 units, convert one-for-one into common stock and generally vest three years from grant, with some units tied to performance goals.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
O'Shaughnessy Timothy
Role
V.P. Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 493 | $0.00 | -- |
| Grant/Award | Common shares, $2 par value | 1,227 | $0.00 | -- |
| Tax Withholding | Common shares, $2 par value | 1,041 | $245.42 | $255K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Holdings After Transaction:
Restricted stock units — 493 shares (Direct);
Common shares, $2 par value — 6,285 shares (Direct);
Common shares, $2 par value — 92 shares (Indirect, by 401(k) plan)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis, based on the achievement of performance goals. This transaction includes the payment of 482 shares to cover the tax withholding for the vesting that occurred on December 31, 2025 with settlement not occurring until February 4, 2026. Restricted stock units convert into common stock on a one-for-one basis. Restricted stock units vest 3 years from the date of grant.
FAQ
What insider transaction did PLPC V.P. of Human Resources report on February 4, 2026?
Timothy O'Shaughnessy reported receiving 1,227 common shares at $0, reflecting settlement of restricted stock units. He also had 1,041 shares withheld at $245.42 for taxes, and reported updated direct, indirect, and restricted stock unit holdings.
What restricted stock unit activity did PLPC disclose for Timothy O'Shaughnessy?
He received 493 new restricted stock units at $0 on February 4, 2026, each convertible into one common share. The filing also shows existing RSU holdings of 817 and 876 units, which vest three years from grant, with some awards tied to performance goals.