Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-12

Preformed Line Products (PLPC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$4,993,779
Robert Ruhlman total, FY2025
Executive Chairmanhighest-paid officer; CEO Dennis McKenna: $3,287,390
CEO (Dennis McKenna) pay percentile vs peers
214:1
CEO-to-median pay ratio
99.69%
Say-on-pay support, latest vote
Companies that benchmark against PLPC
7 companies name PLPC as a compensation peer

Each company listed discloses PLPC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named PLPC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Robert Ruhlman$1,000,008$0$2,158,435$0$1,100,009$0$735,328$4,993,779
Executive Chairman
Dennis McKenna725,00401,564,8430725,0040272,5393,287,390
Chief Executive Officer
J. Ryan Ruhlman560,0040604,3440560,0040238,4381,962,790
President
Andrew Klaus460,0080496,5240460,0080167,5931,584,133
Chief Financial Officer
John Hofstetter410,0040442,4690348,5030145,5761,346,553
Executive VP - U.S. Operations

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Robert Ruhlman$4,993,779$4,891,381
Dennis McKenna3,287,3901,945,776
J. Ryan Ruhlman1,962,7901,377,243
Andrew Klaus1,584,1331,839,220
John Hofstetter1,346,5531,219,572

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
John HofstetterExecutive Vice President2026-06-08D3,446$358$1,235,219CommonForm 4 ↗
Assaad A. MorcosVP, US Manufacturing2026-06-10A1,000132132,400CommonForm 4 ↗
Assaad A. MorcosVP, US Manufacturing2026-06-10D1,000132132,400Derivative, Class A CommonForm 4 ↗
John J. OlenikVP-Research & Engineering2026-06-10D1,000361360,910CommonForm 4 ↗
Assaad A. MorcosVP, US Manufacturing2026-06-10D1,000361360,910CommonForm 4 ↗
Timothy O'ShaughnessyV.P. Human Resources2026-06-10D750361270,683CommonForm 4 ↗
Jon Ryan RuhlmanDirector2026-06-11D1,000361360,680CommonForm 4 ↗
Andrew KlausCFO2026-06-12D635362230,010CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Robert G. RuhlmanPSU2025-02-053,7147,42714,854$2,158,435
J. Ryan RuhlmanPSU2025-02-051,3861,3872,773604,344
John HofstetterPSU2025-02-055081,0151,015442,469
Andrew KlausPSU2025-02-051,1391,1392,278496,524
Dennis McKennaPSU2025-02-052,6925,38510,7691,564,843
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Robert G. Ruhlman$0$2,158,435$0100.0%
J. Ryan Ruhlman0604,3440100.0%
John Hofstetter0442,4690100.0%
Andrew Klaus0496,5240100.0%
Dennis McKenna01,564,8430100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Andrew KlausPSU8,865$1,832,484
John HofstetterPSU8,0051,654,714
RuhlmanPSU44,1659,129,347
Dennis McKennaPSU24,3555,034,422
RuhlmanPSU10,0842,084,464
05

Incentive-plan design — the Compensation Discussion & Analysis

The philosophy of the Committee is to provide a compensation program that will attract, motivate and retain key members of the leadership team in order to give the Company a competitive advantage while ensuring the success and growth of the Company.

CEO STI target (% of salary)60%
CEO LTI target (% of salary)
Independent consultantnot disclosed
Clawback policytrue
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-043,862,98911,84124,81299.69%Passed
20232023-05-094,037,28893,74941,06297.73%Passed
20202020-05-054,127,215145,2378,51196.6%Passed
20172017-05-092,174,558738,874629,22374.64%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-0499.69%a
20232023-05-0997.73%b
20202020-05-0596.6%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted in favor of nor against any nominee and, therefore, have no effect on this proposal.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have the same effect as votes against the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted in favor of nor against any nominee and, therefore, have no effect on this proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)214 : 1
CEO total compensation$4,993,779
Median employee compensation$23,285
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
David C. SunkleIndependent · Nominating$86,875$43,132$0$0$62,830$192,837
Matthew D. FrymierIndependent · Audit (Chair) · Compensation75,00075,01300150,013
R. Steven KestnerIndependent · Compensation (Chair)72,50075,01300147,513
Richard R. GascoigneIndependent · Audit · Nominating (Chair)70,00075,01300145,013
Glenn E. CorlettIndependent · Audit · Compensation65,00075,01300140,013
Maegan A. R. CrossIndependent · Nominating86,87543,13200130,007
J. Ryan RuhlmanEmployee director00000
Robert G. RuhlmanEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$75,013
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$456,250
Equity awards (grant-date value)$386,316
All other compensation$62,830
Total cost of the board$905,396

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Preformed Line Products2025Dennis McKenna$725,004$1,564,843$0$725,004$3,287,390

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Robert RuhlmanDEF 14A2026-03-200000080035-26-000011Section “Summary Compensation Table”. As printed: 4,993,779. Filing ↗machine: r16 · c11 · span 733805–733814
2Section 01, Dennis McKennaDEF 14A2026-03-200000080035-26-000011Section “Summary Compensation Table”. As printed: 3,287,390. Filing ↗machine: r8 · c11 · span 750280–750289
3Section 01, J. Ryan RuhlmanDEF 14A2026-03-200000080035-26-000011Section “Summary Compensation Table”. As printed: 1,962,790. Filing ↗machine: r16 · c11 · span 783386–783395
4Section 01, Andrew KlausDEF 14A2026-03-200000080035-26-000011Section “Summary Compensation Table”. As printed: 1,584,133. Filing ↗machine: r12 · c11 · span 766840–766849
5Section 01, John HofstetterDEF 14A2026-03-200000080035-26-000011Section “Summary Compensation Table”. As printed: 1,346,553. Filing ↗machine: r20 · c11 · span 799947–799956
6Section 03, Robert G. Ruhlman PSUDEF 14A2026-03-200000080035-26-000011Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t57 · r17 · c7 · span 955717–955722
7Section 03, J. Ryan Ruhlman PSUDEF 14A2026-03-200000080035-26-000011Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t57 · r26 · c7 · span 983684–983689
8Section 03, John Hofstetter PSUDEF 14A2026-03-200000080035-26-000011Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t57 · r29 · c7 · span 993018–993023
9Section 03, Andrew Klaus PSUDEF 14A2026-03-200000080035-26-000011Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t57 · r23 · c7 · span 974353–974358
10Section 03, Dennis McKenna PSUDEF 14A2026-03-200000080035-26-000011Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t57 · r20 · c7 · span 965043–965048
11Section 07, pay ratioDEF 14A2026-03-200000080035-26-000011Section “CEO Pay Ratio”. As printed: 214 : 1. Filing ↗machine: span 116076–116079
12Section 08, David C. SunkleDEF 14A2026-03-200000080035-26-000011Section “Director Compensation”. As printed: 192,837. Filing ↗machine: t74 · r17 · c11 · span 1412259–1412266
13Section 08, Matthew D. FrymierDEF 14A2026-03-200000080035-26-000011Section “Director Compensation”. As printed: 150,013. Filing ↗machine: t74 · r8 · c11 · span 1388212–1388219
14Section 08, R. Steven KestnerDEF 14A2026-03-200000080035-26-000011Section “Director Compensation”. As printed: 147,513. Filing ↗machine: t74 · r14 · c11 · span 1404268–1404275
15Section 08, Richard R. GascoigneDEF 14A2026-03-200000080035-26-000011Section “Director Compensation”. As printed: 145,013. Filing ↗machine: t74 · r11 · c11 · span 1396244–1396251
16Section 08, Glenn E. CorlettDEF 14A2026-03-200000080035-26-000011Section “Director Compensation”. As printed: 140,013. Filing ↗machine: t74 · r2 · c11 · span 1372152–1372159
17Section 08, Maegan A. R. CrossDEF 14A2026-03-200000080035-26-000011Section “Director Compensation”. As printed: 130,007. Filing ↗machine: t74 · r5 · c11 · span 1380167–1380174
18Section 08, J. Ryan RuhlmanDEF 14A2026-03-200000080035-26-000011Section “Director Compensation”. As printed: 0. Filing ↗
19Section 08, Robert G. RuhlmanDEF 14A2026-03-200000080035-26-000011Section “Director Compensation”. As printed: 0. Filing ↗
20Section 02, John Hofstetter 2026-06-08Form 42026-06-090001548773-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Assaad A. Morcos 2026-06-10Form 42026-06-100002052614-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Assaad A. Morcos 2026-06-10Form 42026-06-100002052614-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, John J. Olenik 2026-06-10Form 42026-06-100001799197-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Assaad A. Morcos 2026-06-10Form 42026-06-100002052614-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Timothy O'Shaughnessy 2026-06-10Form 42026-06-100001764012-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Jon Ryan Ruhlman 2026-06-11Form 42026-06-110001650279-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Andrew Klaus 2026-06-12Form 42026-06-120001809722-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
28Section 06, 2026 voteForm 8-K2026-05-040000080035-26-000019Item 5.07 · say-on-pay result. As reported: 99.69% (votes for as printed: 3,862,989). Filing ↗
29Section 06, 2023 voteForm 8-K2023-05-110000950170-23-021121Item 5.07 · say-on-pay result. As reported: 97.73% (votes for as printed: 4,037,288). Filing ↗
30Section 06, 2020 voteForm 8-K2020-05-070001104659-20-057777Item 5.07 · say-on-pay result. As reported: 96.6%. Filing ↗
31Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
32Section 09b board cost (computed)ComputedcomputedCash 456,250 + equity 386,316 + all other 62,830 = 905,396, summed across the director compensation table rows.machine: formula: Σ = 905,396
33Preformed Line Products (subject), Section 10b CEO totalDEF 14A2026-03-200000080035-26-000011CEO total compensation as printed in Preformed Line Products's own proxy. As printed: 3,287,390. Filing ↗machine: r8 · c11 · span 750280–750289