Preformed Line Products (PLPC) director receives 360-share equity grant
Rhea-AI Filing Summary
Preformed Line Products Company director received an equity award as part of annual board compensation. On 12/15/2025, the director acquired 360 common shares of the company’s $2 par value stock at a reported price of $0, reflecting a stock-based grant rather than an open-market purchase. Following this transaction, the director beneficially owned 6,406 common shares, held directly. The award was granted under the company’s 2016 Long Term Incentive Plan for non-employee directors, as annual compensation for service on the Board of Directors.
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FAQ
What insider transaction did Preformed Line Products (PLPC) report?
The company reported that a director acquired 360 common shares of Preformed Line Products on 12/15/2025 as an equity award.
At what price were the PLPC shares acquired in this insider transaction?
The 360 common shares were reported as acquired at a price of $0, indicating they were granted as compensation, not bought in the market.
How many Preformed Line Products (PLPC) shares does the director own after this transaction?
After the reported transaction, the director beneficially owned 6,406 common shares of Preformed Line Products, held directly.
What is the purpose of this PLPC stock award to the director?
The filing states the transaction represents an other stock-based award granted as annual compensation for service on the Board of Directors.
Under which plan was the PLPC director stock award granted?
The equity award was granted under Preformed Line Products’ 2016 Long Term Incentive Plan for non-employee directors.
Is this PLPC insider transaction a purchase or part of compensation?
The reported acquisition of 360 common shares at $0 is described as a stock-based award granted as annual director compensation.