Preformed Line CEO gets stock; shares for taxes
Preformed Line Products CEO Dennis F. McKenna reported equity compensation changes dated February 4, 2026.
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Rhea-AI Filing Summary
Preformed Line Products CEO Dennis F. McKenna reported equity compensation changes dated February 4, 2026. He acquired 2,677 common shares at $0 per share, reflecting vested performance-based restricted stock units that convert into common stock on a one-for-one basis.
To cover tax withholding on a prior vesting that occurred on December 31, 2025, 2,223 shares were disposed of at $245.42 per share. After these transactions, McKenna directly holds 7,887 common shares, plus 24,535 common shares held indirectly by a rabbi trust for the Deferred Compensation Plan and 2,308 restricted stock units that generally vest three years from grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common shares, $2 par value | 2,677 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common shares, $2 par value | 2,223 | $245.42 | $546K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis, based on the achievement of performance goals.
- F2. This transaction includes the payment of 1,029 shares to cover the tax withholding for the vesting that occurred on December 31, 2025 with settlement not occurring until February 4, 2026.
- F3. Restricted stock units vest 3 years from the date of grant.
FAQ
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What insider transactions did PLPC CEO Dennis F. McKenna report on February 4, 2026?
What restricted stock unit (RSU) holdings does the PLPC CEO report on this Form 4?
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