Brett A. Cope - 29 Sep 2023 Form 4 Insider Report for POWELL INDUSTRIES INC (POWL)

Role
President & CEO, Director
Signature
Michael W. Metcalf, Power of Attorney for Brett A. Cope
Issuer symbol
POWL
Transactions as of
29 Sep 2023
Net transactions value
-$565,228
Form type
4
Filing time
03 Oct 2023, 17:05:18 UTC
Previous filing
05 Dec 2022
Next filing
01 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWL Common Stock Tax liability $565,228 -6,667 -5% $84.78 127,837 29 Sep 2023 Direct F1, F2
transaction POWL Common Stock Award $0 +6,100 +4.8% $0.000000 133,937 02 Oct 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the average of the high and low stock price on 09/29/2023.
F2 Includes shares that have a time-based vesting provision of three equal installments from date of grant.
F3 Shares granted under the Company's long-term equity compensation plan (time-vesting restricted stock unit agreement) which will equally vest on the first, second and third anniversaries of October 2, 2023, subject to the participant's continuous service with the Company.