Preformed Line (PLPC) VP Sells 1,000 Shares; Holds 2,751 RSUs and 5,000 Shares
Rhea-AI Filing Summary
Timothy O'Shaughnessy, Vice President of Human Resources at Preformed Line Products Co. (PLPC), reported transactions on Form 4 related to his beneficial ownership. On 09/12/2025 he disposed of 1,000 common shares at a price of $188.37, leaving 5,000 shares held directly. He also has 92 shares held indirectly through a 401(k) plan. The filing shows restricted stock units totaling 2,751 units (817, 1,058 and 876) that are reported as beneficially owned and vest three years from the grant date. The Form 4 was signed by Caroline S. Vaccariello by power of attorney on 09/15/2025.
Positive
- Retains meaningful direct ownership: 5,000 common shares remain held directly
- Substantial unvested equity alignment: 2,751 restricted stock units vesting in three years
- Additional indirect holding: 92 shares held via 401(k) plan
Negative
- Disposition recorded: 1,000 common shares sold on 09/12/2025 at $188.37
Insights
TL;DR Insider sold a small block while retaining material equity and unvested RSUs, showing ongoing ownership stake.
The 1,000-share sale at $188.37 is a concrete disposition but leaves the reporting person with 5,000 direct shares, 92 indirect shares via a 401(k), and 2,751 restricted stock units that vest in three years. For investors, the continuing direct ownership and significant RSU balance maintain alignment with shareholder interests; the single disclosed sale does not on its own indicate a change in control or material shift in ownership.
TL;DR Form 4 shows routine insider transaction and standard executive equity compensation with multi-year vesting.
The filing documents a routine disposition and the presence of multiple restricted stock unit grants subject to a three-year vesting schedule. The use of a power of attorney to sign the Form 4 is standard administrative practice. No departures, option exercises, or governance actions are disclosed, and the transactions appear consistent with normal executive compensation and portfolio management.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common shares, $2 par value | 1,000 | $188.37 | $188K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Footnotes (1)
- F1. Restricted stock units vest 3 years from the date of grant.
FAQ
What did PLPC insider Timothy O'Shaughnessy report on the Form 4?
How many restricted stock units does the reporting person hold and when do they vest?
Who signed the Form 4 for Timothy O'Shaughnessy?
Does the Form 4 show any derivative transactions or option exercises?
AI-generated analysis. How Rhea-AI works. Not financial advice.
