PREFORMED LINE (PLPC) president disposes 1,000 shares, updates RSU and trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PREFORMED LINE PRODUCTS President Jon Ryan Ruhlman reported updates to his holdings in a Form 4. The filing shows a disposition of 1,000 common shares to the issuer at $360.68 per share, leaving 2,784 common shares held directly.
He also holds common shares indirectly, including 4,379 shares in a rabbi trust for a Deferred Compensation Plan, 650 shares in a Roth IRA, and 79 shares in a 401(k) plan. In addition, he has restricted stock units covering 1,380 and 1,386 underlying common shares, which vest three years from their respective grant dates.
Positive
- None.
Negative
- None.
Insights
Filing shows a routine share disposition back to the issuer and updated holdings.
The Form 4 for PREFORMED LINE PRODUCTS President Jon Ryan Ruhlman records a code D transaction, a disposition to the issuer of 1,000 common shares at $360.68 per share. This is not an open-market sale, but a transfer of shares back to the company.
The filing also details his remaining equity exposure: 2,784 common shares held directly and additional indirect holdings through a rabbi trust, Roth IRA, and 401(k) plan. Two restricted stock unit awards, tied to 1,380 and 1,386 underlying common shares at an exercise price of $0.00, remain outstanding and vest three years from grant, indicating ongoing equity-based compensation.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Ruhlman Jon Ryan
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common shares, $2 par value | 1,000 | $360.68 | $361K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| 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 — 2,784 shares (Direct, null);
Restricted stock units — 1,386 shares (Direct, null);
Common shares, $2 par value — 79 shares (Indirect, by 401(k) plan)
Footnotes (1)
- [object Object]
Key Figures
Shares disposed to issuer: 1,000 shares at $360.68
Direct common shares after disposition: 2,784 shares
Rabbi trust holdings: 4,379 shares
+4 more
7 metrics
Shares disposed to issuer
1,000 shares at $360.68
Code D disposition of common shares
Direct common shares after disposition
2,784 shares
Common shares, $2 par value, direct ownership
Rabbi trust holdings
4,379 shares
Common shares held by rabbi trust for Deferred Compensation Plan
Roth IRA holdings
650 shares
Common shares held indirectly by Roth IRA
401(k) plan holdings
79 shares
Common shares held indirectly by 401(k) plan
RSU underlying shares (grant 1)
1,380 shares
Restricted stock units, vest 3 years from grant
RSU underlying shares (grant 2)
1,386 shares
Restricted stock units, vest 3 years from grant
Key Terms
Disposition to issuer, Restricted stock units, rabbi trust, Deferred Compensation Plan, +2 more
6 terms
Disposition to issuer financial
"transaction_code_description": "Disposition to issuer""
Restricted stock units financial
"security_title": "Restricted stock units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
rabbi trust financial
"nature_of_ownership": "by rabbi trust for Deferred Compensation Plan""
A rabbi trust is a special account a company sets up to hold promised future pay for executives, like bonus or retirement money, so those employees can see there are funds earmarked for them. It matters to investors because it signals the company’s commitment to keep key people, but the money is still part of the company’s assets and can be claimed by creditors if the company goes bankrupt—think of it as a labeled jar that isn’t completely off-limits.
Deferred Compensation Plan financial
"by rabbi trust for Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Roth IRA financial
"nature_of_ownership": "by Roth IRA""
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
401(k) plan financial
"nature_of_ownership": "by 401(k) plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did PLPC President Jon Ryan Ruhlman report?
Jon Ryan Ruhlman reported a disposition of 1,000 PREFORMED LINE PRODUCTS common shares to the issuer at $360.68 per share. This code D transaction represents a transfer of shares back to the company rather than an open-market sale to third-party investors.
What restricted stock units does Jon Ryan Ruhlman hold in PLPC?
He holds two restricted stock unit awards tied to 1,380 and 1,386 underlying PREFORMED LINE PRODUCTS common shares. These RSUs carry a zero exercise price and, according to the footnote, vest three years from their respective grant dates, aligning compensation with longer-term service.