Preformed Line Products (PLPC) director sells 2,000 shares at $457
Rhea-AI Filing Summary
Preformed Line Products director Glen E. Corlett reported selling 2,000 common shares on 2026-08-05 in a sale described as an open-market or private transaction at $457.02 per share, from shares held indirectly via an IRA. Following this sale, he continues to hold 5,611 common shares directly and none indirectly via the IRA.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 2,000 shares
Net Sell
2 txns
Insider
CORLETT GLEN E
Role
Director
Sold
2,000 shs ($914K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares, $2 par value | 2,000 | $457.02 | $914K |
| holding | Common shares, $2 par value | -- | -- | -- |
Holdings After Transaction:
Common shares, $2 par value — 0 shares (Indirect, by IRA);
Common shares, $2 par value — 5,611 shares (Direct)
Key Figures
Shares sold: 2,000 shares
Sale price per share: $457.02
Indirect shares after sale: 0 shares
+2 more
5 metrics
Shares sold
2,000 shares
Common shares sold on 2026-08-05
Sale price per share
$457.02
Price per common share in reported sale
Indirect shares after sale
0 shares
Common shares held indirectly by IRA after sale
Direct shares held
5,611 shares
Common shares held directly after reported transaction
Net shares sold
2,000 shares
Net buy/sell shares across reported non-derivative transactions
Key Terms
indirect ownership, IRA, open market or private transaction
3 terms
indirect ownership financial
"Reported as "I" indicating indirect ownership by IRA"
IRA financial
"nature_of_ownership field states "by IRA" for the sold shares"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
open market or private transaction financial
"transaction_code_description notes "Sale in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Glen E. Corlett report for Preformed Line Products (PLPC)?
Glen E. Corlett reported a sale of 2,000 common shares of Preformed Line Products on 2026-08-05. The transaction was classified as a sale in an open-market or private transaction and involved shares held indirectly through an IRA.