Brett A. Cope - Sep 29, 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
Stock symbol
POWL
Transactions as of
Sep 29, 2023
Transactions value $
-$565,228
Form type
4
Date filed
10/3/2023, 05:05 PM
Previous filing
Dec 5, 2022
Next filing
Dec 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWL Common Stock Tax liability -$565K -6.67K -4.96% $84.78 128K Sep 29, 2023 Direct F1, F2
transaction POWL Common Stock Award $0 +6.1K +4.77% $0.00 134K Oct 2, 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.