PLPC VP Olenik disposes 752 shares to issuer
Preformed Line Products VP-Research & Engineering John J. Olenik reported a Form 4 showing an indirect disposition to the issuer of 752 common shares at $260.84 per share on March 12, 2026, through a 401(k) plan account.
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Rhea-AI Filing Summary
Preformed Line Products VP-Research & Engineering John J. Olenik reported a Form 4 showing an indirect disposition to the issuer of 752 common shares at $260.84 per share on March 12, 2026, through a 401(k) plan account.
Following this transaction, Olenik’s 401(k) plan holding in these common shares is reported as zero, while he continues to hold 7,506 common shares directly. He also holds restricted stock units covering 730, 783 and 441 underlying common shares, which vest 3 years from the date of grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common shares, $2 par value | 752 | $260.84 | $196K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Footnotes (2)
- F1. The reporting person's actual proportionate interest in the unitized stock fund, Preformed Line Stock fund, equals to 836 Common shares of the Issuer due to the difference between the net asset value per share and the closing stock price of the Common shares on March 12, 2026, as well as the rebalance of the cash position held within the Preformed Line Stock fund.
- F2. Restricted stock units vest 3 years from the date of grant.
FAQ
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What insider transaction did PLPC executive John J. Olenik report on this Form 4?
How are John J. Olenik’s restricted stock units in PLPC structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.