Boardroom Alpha
Meeting calendar
PLPC · Annual meeting · Monday, May 4, 2026

Preformed Line Products Co

4 nominees · 3 ballot items.

Shareholders will vote to elect four directors, to approve, on an advisory (non-binding) basis, the compensation of the Company’s Named Executive Officers (say-on-pay), and to ratify Ernst & Young LLP as the Company’s independent registered public accounting firm for 2026.

Market cap
$1.6B
1Y TSR
+138.4%
Board grade
A
Record date
Mar 5, 2026
Filing
DEF 14A
Meeting concluded · May 4, 2026

Follow how the vote landed and what changed on Preformed Line Products Co’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot3

  1. 1

    Election of Directors

    ManagementBoard: FOR

    Elect four directors — Glenn E. Corlett, R. Steven Kestner, J. Ryan Ruhlman, and David C. Sunkle — each for a term expiring in 2028.

  2. 2

    Advisory Vote on Executive Compensation

    ManagementBoard: FOR

    Non-binding, advisory vote to approve the compensation of the Company’s Named Executive Officers as disclosed in this Proxy Statement (say-on-pay).

    More detail

    This advisory proposal asks shareholders to approve, on a non-binding basis, the compensation paid to the Company’s Named Executive Officers as disclosed in the Proxy Statement. Management seeks this advisory vote to confirm that its pay-for-performance philosophy, mix of base salary, annual cash incentives, and long-term equity awards (including performance- and service-based RSUs), and other compensation policies are aligned with shareholder interests and the Company’s strategic objectives. The Compensation Committee emphasizes that a significant portion of executive pay is at risk and tied to financial performance measures such as return on shareholders’ equity and multi-year performance vesting conditions, reflecting their intent to link pay to sustained company results. The board frames the vote as an opportunity for shareholders to provide feedback, noting that the vote is non-binding but that the Compensation Committee and the Board will consider the outcome when setting future compensation practices. Company-specific context includes a robust disclosure of compensation design, recent favorable say-on-pay support (over 97% approval in 2023), and explicit ownership and clawback policies intended to protect shareholder value and align incentives. Key governance considerations include the Board’s and Compensation Committee’s oversight, use of external benchmarking (Willis Towers Watson), and emphasis on both retention and performance through a blended LTI program. Potential controversies include concentrated insider ownership (founding family members hold significant shares) and certain perquisites and use of company aircraft for personal travel by top executives, which could attract shareholder scrutiny despite being disclosed. For an investor evaluating this proposal, the material questions are whether the disclosed pay structures appropriately balance risk and incentive, whether performance metrics are sufficiently rigorous and transparent, and whether the Board’s responsiveness to shareholder feedback and governance safeguards (clawbacks, ownership guidelines) mitigate agency risks. Given the Board’s recommendation, the detailed CD&A, and historical shareholder support, the proposal is likely to be seen by many investors as consistent with pay-for-performance, but activists or governance-focused investors may still probe items like related-party dynamics and perquisite policies.

  3. 3

    Ratification of the Appointment of Ernst & Young LLP

    ManagementBoard: FOR

    Ratify the Audit Committee’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.

Director elections

Nominees on the ballot4

Ownership

Top institutional holders10

Latest 13F quarter
1HighTower Advisors, LLC19.8%968,067$262M
2DIMENSIONAL FUND ADVISORS LP5.6%272,128$74M
3MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.3.1%150,020$41M
4WASATCH ADVISORS LP2.3%112,889$31M
5VANGUARD CAPITAL MANAGEMENT LLC2.3%110,467$30M
6Neuberger Berman Group LLC2.0%98,725$27M
7BlackRock, Inc.2.0%96,481$26M
8FMR LLC1.7%84,399$23M
9BlackRock, Inc.1.6%79,042$21M
10ROYCE ASSOCIATES LP1.6%77,494$21M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Preformed Line Products Co 2026 annual meeting?
Preformed Line Products Co (PLPC) holds its 2026 annual shareholder meeting on Monday, May 4, 2026.
What is the record date for the Preformed Line Products Co 2026 meeting?
The record date for the Preformed Line Products Co 2026 meeting is Thursday, March 5, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Preformed Line Products Co's 2026 meeting?
The board is presenting 4 director nominees at the Preformed Line Products Co 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Preformed Line Products Co 2026 meeting?
Shareholders will vote on 3 proposals at the Preformed Line Products Co 2026 meeting, each tagged with who proposed it and the board's recommendation.
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