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.