STOCK TITAN

Preformed Line Products (PLPC) VP granted stock, withholds shares for tax

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Preformed Line Products VP-Research & Engineering John J. Olenik reported equity compensation transactions dated 02/04/2026. He acquired 1,160 common shares at $0 upon restricted stock units vesting tied to performance goals, then had 987 shares withheld at $245.42 to cover related taxes.

After these moves, he directly owned 7,506 common shares and 752 common shares indirectly through a 401(k) plan. Olenik was also granted 441 new restricted stock units at $0, which, like his existing 730 and 783-unit awards, convert into common shares on a one-for-one basis and vest three years from the grant date.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Olenik John J

(Last) (First) (Middle)
660 BETA DRIVE

(Street)
CLEVELAND OH 44143

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PREFORMED LINE PRODUCTS CO [ PLPC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP-Research & Engineering
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common shares, $2 par value 02/04/2026 A 1,160 A $0(1) 8,493 D
Common shares, $2 par value 02/04/2026 F 987(2) D $245.42 7,506 D
Common shares, $2 par value 752 I by 401(k) plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted stock units $0(3) 02/04/2026 A 441 (4) (4) Common shares, $2 par value 441 $0 441 D
Restricted stock units $0 (4) (4) Common shares, $2 par value 730 730 D
Restricted stock units $0 (4) (4) Common shares, $2 par value 783 783 D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis, based on the achievement of performance goals.
2. This transaction includes the payment of 457 shares to cover the tax withholding for the vesting that occurred on December 31, 2025 with settlement not occurring until February 4, 2026.
3. Restricted stock units convert into common stock on a one-for-one basis.
4. Restricted stock units vest 3 years from the date of grant.
Remarks:
/s/ Caroline S. Vaccariello, by power of attorney 02/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did PLPC executive John J. Olenik report?

John J. Olenik, VP-Research & Engineering at PLPC, reported performance-based restricted stock units vesting into 1,160 common shares at $0 and a 441-unit new RSU grant. He also reported a tax-withholding transaction and updated direct and 401(k) share holdings as of February 4, 2026.

How many PLPC common shares does John J. Olenik own after this Form 4?

Following the reported transactions, John J. Olenik beneficially owned 7,506 PLPC common shares directly and 752 common shares indirectly through a 401(k) plan. These figures reflect both the 1,160-share equity award and the 987-share tax withholding reported for February 4, 2026.

What was the purpose of the 987 PLPC shares reported with code F?

The 987 PLPC common shares reported under transaction code F were withheld at $245.42 per share to cover tax obligations. A footnote explains this includes 457 shares related to vesting on December 31, 2025, with settlement occurring on February 4, 2026.

What restricted stock unit grants does PLPC’s VP-Research & Engineering hold?

On February 4, 2026, John J. Olenik received 441 new restricted stock units that convert into common shares one-for-one. He also continued to hold existing RSU awards of 730 and 783 units, which vest three years from their respective grant dates under the company’s equity program.

How do PLPC restricted stock units held by John J. Olenik convert and vest?

The filing states PLPC restricted stock units convert into common shares on a one-for-one basis. Some units vest based on achievement of performance goals, while a footnote clarifies RSUs generally vest three years from the grant date, after which they settle into common shares.

What role does John J. Olenik hold at Preformed Line Products (PLPC)?

John J. Olenik is identified as an officer of Preformed Line Products with the title VP-Research & Engineering. The Form 4 confirms he is not a director or 10% owner, and the reported transactions reflect his equity compensation and related tax-withholding activity on February 4, 2026.
Preformed Line

NASDAQ:PLPC

PLPC Rankings

PLPC Latest News

PLPC Latest SEC Filings

PLPC Stock Data

1.28B
2.50M
Electrical Equipment & Parts
Water, Sewer, Pipeline, Comm & Power Line Construction
Link
United States
CLEVELAND