Preformed Line Products (PLPC) logs 60,000-share transfer to family trust
Rhea-AI Filing Summary
Preformed Line Products’ executive chairman reported an internal transfer of 60,000 common shares. On December 10, 2025, the reporting person’s spouse transferred 60,000 common shares for no consideration to the Ruhlman 2025 Spousal Dynasty Trust, where the executive chairman serves as trustee. The move is recorded as a disposition by the spouse and an acquisition by the trust, both at a stated price of $0 per share.
After these transactions, the executive chairman beneficially owns PLPC common shares through a mix of direct and indirect holdings, including 280,711 shares held directly, 40,500 shares held by a spouse, 60,000 shares held by the Ruhlman 2025 Spousal Dynasty Trust, smaller positions in a Roth IRA and 401(k) plan, and additional trust and deferred compensation plan accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Shares, $2 par value per share | 60,000 | $0.00 | -- |
| Gift | Common shares, $2 par value | 60,000 | $0.00 | -- |
| 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 | -- | -- | -- |
Footnotes (1)
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FAQ
What insider transaction did Preformed Line Products (PLPC) disclose in this filing?
The executive chairman reported that on December 10, 2025, the reporting person’s spouse transferred 60,000 common shares for no consideration to the Ruhlman 2025 Spousal Dynasty Trust, and the trust is shown acquiring the same 60,000 shares on December 11, 2025.
Did the PLPC insider transaction involve any cash consideration?
No cash changed hands in this move. The filing describes the 60,000-share transfer from the spouse to the Ruhlman 2025 Spousal Dynasty Trust as occurring for no consideration, indicating it is an internal reallocation rather than a market sale.
What is the reporting person’s relationship to Preformed Line Products (PLPC)?
The reporting person is identified as a Director, 10% Owner, and Officer of Preformed Line Products, serving specifically as Executive Chairman.