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Preformed Line (NASDAQ: PLPC) VP adds RSUs and 6,500 stock options

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

Rhea-AI Filing Summary

Preformed Line Products VP Morcos Assaad, VP of US Manufacturing, reported equity awards in company securities. On February 4, 2026, he acquired 407 restricted stock units at $0 per unit, which convert into common shares on a one-for-one basis and vest three years from grant.

After this report, he directly holds 681 restricted stock units and 6,500 employee stock options with a $132.4 exercise price per share. The 7,500-option grant from December 11, 2024 vests in tranches from 2025 through 2027, with a 10-year term from the grant date.

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*
Morcos Assaad A

(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)
VP, US Manufacturing
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
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(1) 02/04/2026 A 407 (2) (2) Common shares, $2 par value 407 $0 407 D
Restricted stock units $0 (2) (2) Common shares, $2 par value 681 681 D
Employee stock option (right to buy) $132.4 (3) (3) Common Shares, $2 par value per share 6,500 6,500 D
Explanation of Responses:
1. Restricted stock units converted into common stock on a one-for-one basis.
2. Restricted stock units vest 3 years from the date of grant.
3. On December 11, 2024, the reporting person was granted 7,500 stock options, of which 3,750 vested on December 11, 2025, 1,875 will vest on December 11, 2026, and the remaining 1,875 will vest on December 11, 2027. The expiration date is 10 years from the grant date.
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 activity did PLPC VP Morcos Assaad report on this Form 4?

PLPC VP Morcos Assaad reported acquiring 407 restricted stock units on February 4, 2026 at $0 per unit. These units convert one-for-one into common shares and vest three years from the grant date, reflecting routine equity-based compensation for a senior executive.

How many restricted stock units does PLPC VP Morcos Assaad hold after the reported transaction?

Following the reported transaction, PLPC VP Morcos Assaad directly holds 681 restricted stock units. These units are structured to convert into an equal number of common shares, with vesting occurring three years from each grant date, aligning compensation with long-term company performance.

What stock option position does PLPC VP Morcos Assaad report holding?

Morcos Assaad reports holding 6,500 employee stock options with a $132.4 exercise price per share. These options come from a 7,500-option grant dated December 11, 2024, vesting in tranches from December 2025 through December 2027, with a 10-year expiration from grant.

How do the PLPC restricted stock units reported by Morcos Assaad vest and convert?

The restricted stock units reported by Morcos Assaad convert into common stock on a one-for-one basis. According to the filing footnotes, each grant of restricted stock units vests three years from its grant date, supporting a long-term retention and incentive structure for the executive.

What is the vesting schedule for the PLPC stock options granted to Morcos Assaad?

The filing states that 7,500 options were granted on December 11, 2024. Of these, 3,750 vested on December 11, 2025, 1,875 will vest on December 11, 2026, and 1,875 on December 11, 2027, with option expiration 10 years from the grant date.
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1.28B
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Electrical Equipment & Parts
Water, Sewer, Pipeline, Comm & Power Line Construction
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United States
CLEVELAND