PLPC VP granted 407 RSUs, holds 6,500 options
Preformed Line Products VP Morcos Assaad, VP of US Manufacturing, reported equity awards in company securities.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 407 | $0.00 | $0.00 |
| holding | Restricted stock units | -- | -- | -- |
| holding | Employee stock option (right to buy) | -- | -- | -- |
Footnotes (3)
- F1. Restricted stock units converted into common stock on a one-for-one basis.
- F2. Restricted stock units vest 3 years from the date of grant.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did PLPC VP Morcos Assaad report on this Form 4?
How many restricted stock units does PLPC VP Morcos Assaad hold after the reported transaction?
What stock option position does PLPC VP Morcos Assaad report holding?
How do the PLPC restricted stock units reported by Morcos Assaad vest and convert?
What is the vesting schedule for the PLPC stock options granted to Morcos Assaad?
AI-generated analysis. How Rhea-AI works. Not financial advice.