Form 4: Preformed Line Products Director R. Steven Kestner Sells 3,200 Shares
SEC Form 4 Filing
Director R. Steven Kestner of Preformed Line Products Co. sold 3,200 common shares at $137.08 per share on May 7, 2025, leaving him with 6,046 shares.
Summary
- On May 7, 2025, R. Steven Kestner, a director of Preformed Line Products Co. (PLPC), sold 3,200 common shares of the company.
- The sale price was $137.08 per share.
- Following the transaction, Kestner directly owns 6,046 common shares of Preformed Line Products Co.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of transaction: R. Steven Kestner sold 3,200 common shares. |
| 05/07/2025 | Signature date of the Form 4 filing. |
Keywords
Form 4, Insider Trading, Share Sale, Director, PLPC, Preformed Line Products Co., Kestner
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