Preformed Line CFO returns 2,365 shares to issuer
Preformed Line Products CFO Andrew S. Klaus reported a disposition of 2,365 common shares back to the issuer at $260.34 per share.
Sentiment and the balance of points
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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.
Insider Trade Summary
| 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 | -- | -- | -- |
Footnotes (1)
- F1. Restricted stock units vest 3 years from the date of grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PLPC CFO Andrew S. Klaus report?
Was the PLPC CFO’s Form 4 transaction an open-market sale?
What restricted stock units does the PLPC CFO have according to this filing?
Does this PLPC Form 4 show any option exercises or open-market buys?
AI-generated analysis. How Rhea-AI works. Not financial advice.