Preformed Line (PLPC) director returns 400 shares to issuer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Preformed Line Products director Glen E. Corlett disposed of 400 common shares back to the company on March 12, 2026, in a transaction coded as a disposition to the issuer. The shares were valued at $260.24 each. After this transaction, he directly holds 5,611 common shares and indirectly holds 2,000 common shares through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CORLETT GLEN E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common shares, $2 par value | 400 | $260.24 | $104K |
| holding | Common shares, $2 par value | -- | -- | -- |
Holdings After Transaction:
Common shares, $2 par value — 5,611 shares (Direct);
Common shares, $2 par value — 2,000 shares (Indirect, by IRA)
Footnotes (1)
FAQ
What insider transaction did PLPC director Glen E. Corlett report?
Glen E. Corlett reported disposing of 400 Preformed Line Products common shares back to the company. The transaction was coded as a disposition to the issuer and involved common shares with a $2 par value at a reported price of $260.24 per share.
What indirect PLPC holdings does Glen E. Corlett report on this Form 4?
In addition to his direct holdings, Glen E. Corlett reports indirect ownership of 2,000 Preformed Line Products common shares. These shares are held by an IRA, as indicated by the “by IRA” nature of ownership entry in the filing’s holding information.
What does the transaction code mean in Glen E. Corlett’s PLPC Form 4?
The Form 4 lists the main transaction with code D, described as a disposition to the issuer. This means 400 common shares were returned to Preformed Line Products, rather than being sold on the open market to another investor or third party.
Does Glen E. Corlett’s PLPC Form 4 show any option exercises or derivative trades?
The filing does not show any derivative transactions or option exercises. The derivative summary is empty, and the only reported activity is a non-derivative disposition of 400 common shares, plus a separate entry reflecting indirect holdings in an IRA.