PLPC CFO reports share awards and tax withholding
Preformed Line Products CFO Klaus Andrew S reported several equity compensation transactions dated February 4, 2026.
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Rhea-AI Filing Summary
Preformed Line Products CFO Klaus Andrew S reported several equity compensation transactions dated February 4, 2026. He acquired 1,785 common shares at $0 from vested restricted stock units and had 1,496 common shares withheld at $245.42 to cover taxes on a prior vesting.
He also received a new grant of 693 restricted stock units, which convert into common shares on a one-for-one basis and vest three years from grant. After these transactions, he held 16,918 common shares directly, plus additional indirect common share holdings and multiple restricted stock unit positions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted stock units | 693 | $0.00 | $0.00 |
| Grant/Award | Common shares, $2 par value | 1,785 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common shares, $2 par value | 1,496 | $245.42 | $367K |
| holding | Restricted stock units | -- | -- | -- |
| holding | Restricted stock units | -- | -- | -- |
| holding | Common shares, $2 par value | -- | -- | -- |
Footnotes (4)
- 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 693 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 convert into common stock on a one-for-one basis.
- F4. 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 transactions did PLPC CFO Klaus Andrew S report on February 4, 2026?
What restricted stock unit (RSU) grants for PLPC were disclosed for the CFO?
How are PLPC restricted stock units described in the CFO’s Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.