PLPC (PLPC) Executive Chairman reports equity award and tax share withholding
Rhea-AI Filing Summary
Preformed Line Products' Executive Chairman Robert G. Ruhlman reported equity award activity and updated holdings in company stock. On February 4, 2026, he acquired 13,386 common shares at $0 as restricted stock units that convert into common stock on a one-for-one basis based on performance goals. On the same date, 5,924 common shares were disposed of at $245.42 per share in a transaction coded "F," reflecting shares withheld to cover taxes on the award. Following these transactions, he directly holds 288,173 common shares and has additional indirect holdings through various trusts, a spouse, a Roth IRA, a 401(k) plan, and a rabbi trust for a deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,462 shares
Net Buy
10 txns
Insider
RUHLMAN ROBERT G
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common shares, $2 par value | 13,386 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common shares, $2 par value | 5,924 | $245.42 | $1.45M |
| holding | Common Shares, $2 par value per share | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Holdings After Transaction:
Common shares, $2 par value — 288,173 shares (Direct);
Common Shares, $2 par value per share — 60,000 shares (Indirect, by trust);
Common shares, $2 par value — 40,500 shares (Indirect, by spouse);
Common shares, $2 par value — 574.71 shares (Indirect, By Roth IRA);
Common shares, $2 par value — 6,272.18 shares (Indirect, by 401(k) plan);
Common shares, $2 par value — 677,380 shares (Indirect, by trust);
Common shares, $2 par value — 156,648 shares (Indirect, by rabbi trust for deferred compensation plan)
Footnotes (1)
- F1. Restricted stock units convert into common stock on a one-for-one basis, based on the achievement of performance goals.
FAQ
What insider transactions did PLPC Executive Chairman Robert G. Ruhlman report on February 4, 2026?
Robert G. Ruhlman reported receiving 13,386 common shares as a stock award and disposing of 5,924 shares in a tax-related transaction. These moves updated his direct and indirect holdings in Preformed Line Products common shares as of February 4, 2026.
What is the significance of the transaction code F in Ruhlman’s PLPC Form 4 filing?
Transaction code F indicates shares used to satisfy tax withholding on an equity award. In this filing, 5,924 Preformed Line Products shares at $245.42 per share were withheld for taxes related to Robert G. Ruhlman’s restricted stock unit conversion.
What indirect holdings in PLPC stock are reported for Robert G. Ruhlman?
The Form 4 shows indirect holdings in Preformed Line Products common shares through multiple trusts, his spouse, a Roth IRA, a 401(k) plan, and a rabbi trust for a deferred compensation plan, each listed with separate share amounts and ownership descriptions.
What roles does Robert G. Ruhlman hold at Preformed Line Products (PLPC)?
Robert G. Ruhlman is reported as a director, Executive Chairman, and a more-than-10% owner of Preformed Line Products. These roles are disclosed in the Form 4, alongside his direct and indirect beneficial ownership in the company’s common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.