Preformed Line Products Company filings document formal disclosures for a Nasdaq-listed manufacturer serving energy, communications, cable, data communications, and related infrastructure markets. Recent Form 8-K reports cover operating results and financial condition, Regulation FD investor presentations, quarterly dividend actions, and other material corporate events tied to the company's common shares.
The company's proxy and annual meeting filings address board elections, advisory executive compensation votes, auditor ratification, shareholder voting results, and governance structure. Additional material-event filings document board and committee changes, while earnings exhibits provide segment commentary on PLP-USA and international operations, end-market demand, foreign-currency effects, and capital-allocation disclosures.
Wasatch Advisors reported a significant ownership position in Preformed Line Products Co common stock. The firm beneficially owns 377,367 shares, representing 7.7% of the class. It holds sole voting power over 275,995 shares and sole dispositive power over all 377,367 shares, with no shared voting or dispositive authority disclosed.
Dimensional Fund Advisors LP reports beneficial ownership of 218,377 shares of Preformed Line Products Co common stock, representing 4.5% of the class. It has sole voting power over 213,794 shares and sole dispositive power over 218,377 shares, with no shared voting or dispositive power.
All reported securities are held by underlying investment funds and accounts for which Dimensional serves as adviser or manager. Dimensional may be deemed a beneficial owner for Section 13(d) purposes but expressly disclaims beneficial ownership, and to its knowledge no single fund holds more than 5% of the outstanding common stock.
PREFORMED LINE PRODUCTS CFO Andrew S. Klaus reported a routine share disposition. On this Form 4, he returned 635 common shares of $2 par value to the company at $362.22 per share, leaving 13,918 common shares held directly.
He also has 4,947 common shares held indirectly through a rabbi trust for a Deferred Compensation Plan. In addition, he holds restricted stock units that will convert into 693, 1,221 and 1,139 common shares, which vest three years from their respective grant dates.
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.
PREFORMED LINE PRODUCTS CO executive Assaad A. Morcos, VP US Manufacturing, reported option-related transactions and equity awards. He exercised 1,000 common shares through employee stock options at $132.40 per share and then disposed of 1,000 common shares back to the issuer at $360.91 per share, leaving no directly held common shares from this exercise.
Following these transactions, he directly holds 3,750 employee stock options and restricted stock units covering 407 and 681 underlying common shares, which vest three years from the grant date. A prior grant on December 11, 2024 totaled 7,500 options with staged vesting through 2027.
Preformed Line Products VP of Human Resources Timothy O'Shaughnessy reported an insider transaction involving company stock. He disposed of 750 common shares back to the issuer at $360.91 per share, and now holds 3,250 common shares directly, plus 92 shares indirectly through a 401(k) plan and 2,186 restricted stock units that vest three years from their grant dates.
PREFORMED LINE PRODUCTS CO officer John J. Olenik, VP-Research & Engineering, reported an internal share transaction. He disposed of 1,000 common shares back to the company in a disposition to issuer at $360.91 per share, leaving 6,506 common shares held directly.
Olenik also reported holdings of restricted stock units that convert into 441, 783, and 730 common shares, respectively. These restricted stock units vest three years from the date of grant, indicating additional potential future equity exposure beyond his current share ownership.
Preformed Line Products Executive Vice President John M. Hofstetter has returned shares to the company. On this Form 4, he disposed of 3,446 common shares of Preformed Line Products Co. back to the issuer at $358.45 per share, leaving him with no directly held common shares after the transaction.
He continues to have indirect exposure through 532 common shares held by a rabbi trust for a Deferred Compensation Plan and holds several grants of restricted stock units tied to common shares. These restricted stock units vest three years from their respective grant dates.
Preformed Line Products Company reported the results of its annual shareholder meeting held on May 4, 2026 in Mayfield Village, Ohio. Shareholders re-elected four directors — Glenn E. Corlett, R. Steven Kestner, J. Ryan Ruhlman and David C. Sunkle — each to serve terms expiring at the 2028 annual meeting.
Shareholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 3,862,989 votes for and 11,841 against, plus 24,812 abstentions and 335,623 broker non-votes. In addition, they ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 4,231,761 votes for, 2,035 against and 1,469 abstentions.
Preformed Line Products delivered higher sales but lower earnings for the quarter ended March 31, 2026. Net sales were $176.3 million, up 19% year-over-year, driven mainly by strong energy and communications demand in PLP-USA.
Gross profit rose to $55.2 million, but the gross margin eased to 31.3% from 32.8% as costs increased. Net income attributable to shareholders declined to $10.5 million from $11.5 million, and diluted EPS slipped to $2.14 from $2.33, largely because the effective tax rate climbed to 26% from 16% after a valuation allowance of about $1.3 million on French deferred tax assets.
The company ended the quarter with $69.5 million in cash, cash equivalents and restricted cash and total debt of $41.9 million. It maintained a $60 million revolving credit facility, of which $7.1 million was drawn and $52.9 million remained available, and invested $10.0 million in capital expenditures, mainly for new EMEA facilities.