Preformed Line Products (PLPC) CFO returns 2,365 shares to issuer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Preformed Line Products CFO Andrew S. Klaus reported a disposition of 2,365 common shares back to the issuer at $260.34 per share. This was a return of shares to the company, not an open-market sale. After this transaction, he holds 14,553 common shares directly, additional common shares indirectly through a rabbi trust for a Deferred Compensation Plan, and several unvested restricted stock unit awards that vest three years from their grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Klaus Andrew S
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common shares, $2 par value | 2,365 | $260.34 | $616K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Holdings After Transaction:
Common shares, $2 par value — 14,553 shares (Direct);
Restricted stock units — 1,139 shares (Direct);
Common shares, $2 par value — 4,947 shares (Indirect, by rabbi trust for Deferred Compensation Plan)
Footnotes (1)
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FAQ
What insider transaction did PLPC CFO Andrew S. Klaus report?
CFO Andrew S. Klaus reported a disposition of 2,365 common shares back to Preformed Line Products at $260.34 per share. This issuer disposition means the shares were returned to the company rather than sold in the open market.
Was the PLPC CFO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a disposition to the issuer, not an open‑market sale. The 2,365 common shares were returned to Preformed Line Products, which differs from selling shares on an exchange to third‑party investors.
What restricted stock units does the PLPC CFO have according to this filing?
The filing lists three restricted stock unit awards tied to Preformed Line Products common shares. Footnotes state these restricted stock units vest three years from their grant dates, providing additional future share-based compensation if vesting conditions are satisfied.
Does this PLPC Form 4 show any option exercises or open-market buys?
No, the transaction summary shows no exercises and no open‑market purchases or sales. It records one disposition to the issuer and several holding entries for restricted stock units and indirect common share holdings, with no new derivative exercises reported.