Preformed Line Products (PLPC) director gets 360-share equity grant
Rhea-AI Filing Summary
Preformed Line Products Company reported that one of its directors received a stock-based award as part of annual board compensation. On 12/15/2025, the director was granted 360 common shares of Preformed Line Products at a price of $0, reflecting an equity award rather than a cash purchase. The filing describes this as an award under the company’s 2016 Long Term Incentive Plan for non-employee directors.
After this transaction, the director beneficially owned 6,011 common shares directly and an additional 2,000 common shares indirectly through an IRA. The report classifies the insider as a director and confirms the filing is for a single reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common shares, $2 par value | 360 | $0.00 | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Footnotes (1)
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FAQ
What insider transaction did Preformed Line Products (PLPC) report on this Form 4?
The Form 4 shows that a director of Preformed Line Products received a stock-based award of 360 common shares as annual compensation for board service.
What plan governs the stock award reported for the PLPC director?
The filing states the 360-share award was granted under the company’s 2016 Long Term Incentive Plan to non-employee directors as annual compensation.
Was the PLPC insider transaction a purchase for cash or an equity award?
The transaction was an equity award, not an open-market purchase. The Form 4 lists 360 shares acquired at a price of $0, consistent with a compensation grant.
What is the reporting person’s relationship to Preformed Line Products (PLPC)?
The reporting person is identified as a director of Preformed Line Products Company, with that box checked on the form.