Form 4: Randall M. Ruhlman Reports Changes in Beneficial Ownership of Preformed Line Products Co. Shares

Randall M. Ruhlman, a director and 10% owner of Preformed Line Products Co., reports changes in his beneficial ownership of company shares due to trust distributions.

Summary

• Randall M. Ruhlman, a director of Preformed Line Products Co., filed a Form 4 detailing changes in his beneficial ownership of the company's common shares.
• On December 28, 2022, the Ethel Peterson Trust distributed 100,113 shares to a trust benefiting Ruhlman and his children.
• On August 16, 2023, Ruhlman became a co-business advisor for the Barbara P. Ruhlman Trust, which holds 604,213 shares.
• On August 29, 2024, the Barbara P. Ruhlman Trust distributed 604,213 shares to Ruhlman.
• Also on August 29, 2024, the 2008 IDGT Trust distributed 810,400 shares to its beneficiaries, including a trust for Ruhlman and his descendants, with Ruhlman as trustee.
• These transactions reflect a shift from indirect to direct or indirect ownership as a result of trust distributions.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and large shareholders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• Shareholders are informed about changes in ownership by a director and significant shareholder.

Key Dates