Preformed Line Products (PLPC) Form 4: Ruhlman sells 10,000 shares; holdings disclosed
Rhea-AI Filing Summary
Robert G. Ruhlman, Executive Chairman, Director and 10% owner of Preformed Line Products Co. (PLPC), reported a sale of 10,000 common shares on 08/04/2025 at a price of $154.28 per share, leaving 280,711 shares beneficially owned directly after the transaction. The filing also lists indirect beneficial ownership across several accounts: 100,500 shares by spouse, 574.71 by a Roth IRA, 6,272.18 by a 401(k) plan, and multiple trusts totaling 833,028 shares (134,769; 156,648; 137,411; 405,200). The Form 4 was signed by power of attorney on 08/11/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sold 10,000 PLPC shares at $154.28, maintaining substantial direct and indirect holdings; transaction is disclosed via Form 4.
The reported disposition of 10,000 shares on 08/04/2025 at $154.28 is explicitly recorded and followed by a reported direct holding of 280,711 shares. The filing details multiple sources of indirect beneficial ownership (spouse, retirement accounts, and trusts) with specified share amounts. This disclosure clarifies ownership concentration but does not provide context on whether the sale is routine or strategic.
TL;DR: Form 4 properly documents an insider sale and lists extensive indirect holdings, supporting transparency around insider ownership.
The report identifies Robert G. Ruhlman as Executive Chairman and a 10% owner and records the sale and subsequent direct and indirect holdings by named vehicles. The form is signed by power of attorney, consistent with procedural requirements. The filing provides clear ownership breakdowns but contains no additional explanations or plans.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common shares, $2 par value | 10,000 | $154.28 | $1.54M |
| 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)
