February 19, 2025 · Form 4 insider transaction
CRAGG CHRISTOPHER E bought 500 shares of Powell Industries Inc at $0.01 per share, a transaction worth $5.00. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
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 2026 Annual Stockholder Meeting.; RSUs convert into common stock on a one-for-one basis at the time of vesting.; Includes shares that have a time-based vesting provision.