STOCK TITAN

Preformed Line Products (PLPC) EVP logs stock awards and tax share withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Preformed Line Products Executive Vice President John M. Hofstetter reported routine equity compensation and related tax withholding transactions in company stock.

On February 4, 2026, he acquired 1,696 common shares of Preformed Line Products at $0 per share, reflecting the settlement of previously granted restricted stock units that convert into common shares based on performance goals. On the same date, 1,424 common shares were withheld at $245.42 per share to cover taxes for a vesting that occurred on December 31, 2025, with settlement on February 4, 2026.

Hofstetter also received a new grant of 591 restricted stock units at $0, which vest three years from grant and convert one-for-one into common shares. Following these transactions, he directly held 9,446 common shares and had additional indirect ownership of 532 common shares through a rabbi trust for the Deferred Compensation Plan, along with existing restricted stock unit holdings reported in the filing.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hofstetter John M

(Last) (First) (Middle)
660 BETA DRIVE

(Street)
CLEVELAND OH 44143

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PREFORMED LINE PRODUCTS CO [ PLPC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common shares, $2 par value 02/04/2026 A 1,696 A $0(1) 10,870 D
Common shares, $2 par value 02/04/2026 F 1,424(2) D $245.42 9,446 D
Common shares, $2 par value 532 I by rabbi trust for Deferred Compensation Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted stock units $0(3) 02/04/2026 A 591 (4) (4) Common shares, $2 par value 591 $0 591 D
Restricted stock units $0 (4) (4) Common shares, $2 par value 1,015 1,015 D
Restricted stock units $0 (4) (4) Common shares, $2 par value 1,088 1,088 D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis, based on the achievement of performance goals.
2. This transaction includes the payment of 659 shares to cover the tax withholding for the vesting that occurred on December 31, 2025 with settlement not occurring until February 4, 2026.
3. Restricted stock units convert into common stock on a one-for-one basis.
4. Restricted stock units vest 3 years from the date of grant.
Remarks:
/s/ Caroline S. Vaccariello, by power of attorney 02/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did PLPC executive John Hofstetter report?

John Hofstetter reported acquiring 1,696 Preformed Line Products common shares at $0 from restricted stock unit settlement and 1,424 shares withheld at $245.42 to cover taxes. He also received 591 new restricted stock units that vest in three years and convert one-for-one into common shares.

How many PLPC shares does John Hofstetter hold after this Form 4 filing?

After the reported transactions, John Hofstetter directly holds 9,446 Preformed Line Products common shares and indirectly holds 532 shares through a rabbi trust. The filing also shows additional positions in restricted stock units that convert into common shares upon vesting and performance conditions.

What restricted stock unit awards were reported for PLPC’s John Hofstetter?

Hofstetter reported a new grant of 591 restricted stock units at $0, which convert one-for-one into Preformed Line Products common shares. These units vest three years from the grant date, supplementing his previously reported restricted stock unit holdings in the company’s equity compensation program.

Why were 1,424 PLPC shares reported under transaction code F on the Form 4?

The 1,424 Preformed Line Products shares labeled with transaction code F represent shares used to cover tax withholding. They relate to vesting that occurred on December 31, 2025, with settlement on February 4, 2026, rather than an open-market sale initiated by the executive.

How do John Hofstetter’s PLPC restricted stock units convert into common shares?

Hofstetter’s restricted stock units convert into Preformed Line Products common shares on a one-for-one basis. Some units depend on achieving performance goals, and all reported restricted stock units vest three years from their grant date before conversion into common shares can occur.

What indirect PLPC share ownership does John Hofstetter report?

The Form 4 shows Hofstetter indirectly owns 532 Preformed Line Products common shares through a rabbi trust for the Deferred Compensation Plan. This indirect holding is in addition to his directly held common shares and his outstanding restricted stock unit awards reported in the document.
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1.24B
2.50M
Electrical Equipment & Parts
Water, Sewer, Pipeline, Comm & Power Line Construction
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United States
CLEVELAND