Richard E. Williams - Feb 14, 2024 Form 4 Insider Report for POWELL INDUSTRIES INC (POWL)

Role
Director
Signature
Michael W. Metcalf, Power of Attorney for Richard E. Williams
Stock symbol
POWL
Transactions as of
Feb 14, 2024
Transactions value $
$7
Form type
4
Date filed
2/20/2024, 04:50 PM
Previous filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWL Common Stock Award $6.60 +660 +4.85% $0.01* 14.3K Feb 14, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock that have been granted to the Reporting Person as compensation for serving on the Powell Industries Board of Directors under the Non-Employee Director Equity Incentive Plan. These shares vest on the earlier of the first anniversary from the date of the grant or the Company's 2025 Annual Stockholder Meeting.
F2 Includes shares that have a time-based vesting provision.