Preformed Line Products (PLPC) director reports 207-share equity grant
Rhea-AI Filing Summary
Preformed Line Products Company director reported a routine stock-based compensation grant. On 12/15/2025, the director received 207 common shares with a stated price of $0, recorded as an annual award under the company’s 2016 Long Term Incentive Plan for non-employee directors. Following this grant, the director beneficially owns 5,972 common shares directly and 509 common shares indirectly through an IRA.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did PLPC report in this Form 4?
A director of Preformed Line Products Company (PLPC) reported receiving 207 common shares on 12/15/2025 as a stock-based compensation award.
What type of shares were granted to the PLPC director and at what price?
The director received 207 common shares, $2 par value, with a reported transaction price of $0, reflecting a stock-based compensation grant rather than a market purchase.
Why were the PLPC shares granted to the director?
The filing states the 207-share grant represents an "other stock-based award" under the 2016 Long Term Incentive Plan as annual compensation for service on the Board of Directors.
How many PLPC shares does the director own after this transaction?
After the reported grant, the director beneficially owns 5,972 PLPC common shares directly and 509 common shares indirectly through an IRA.
What is the reporting person’s relationship to Preformed Line Products Company?
The reporting person is identified as a Director of Preformed Line Products Company, with the Form 4 filed for one reporting person.
Does this PLPC Form 4 involve any derivative securities?
No derivative securities are reported. The completed section covers only non-derivative common shares, and the derivative securities table contains no transactions.