MILBURN E. HONEYCUTT - 29 Sep 2023 Form 4 Insider Report for POWELL INDUSTRIES INC (POWL)

Role
Vice Pres, Corp Controller
Signature
Michael W. Metcalf, Power of Attorney for Milburn E. Honeycutt
Issuer symbol
POWL
Transactions as of
29 Sep 2023
Net transactions value
-$107,416
Form type
4
Filing time
03 Oct 2023, 17:18:54 UTC
Previous filing
08 Aug 2023
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 $107,416 -1,267 -5.5% $84.78 21,949 29 Sep 2023 Direct F1, F2
transaction POWL Common Stock Award $0 +1,000 +4.6% $0.000000 22,949 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.