Powell Industries director granted 200 restricted shares
Powell Industries director Stacey John received a grant of 200 shares of common stock as equity compensation.
Rhea-AI Filing Summary
Powell Industries director Stacey John received a grant of 200 shares of common stock as equity compensation. The shares were awarded at a stated value of $0.01 per share and increase his directly owned holdings to 6,160 shares after the transaction.
The award consists of restricted stock under the Non-Employee Director Equity Incentive Plan. These shares vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual stockholder meeting, and the related RSUs convert into common stock on a one-for-one basis when they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 200 | $0.01 | $2.00 |
Footnotes (3)
- 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 2027 Annual Stockholder Meeting.
- F2. RSUs convert into common stock on a one-for-one basis at the time of vesting.
- F3. Includes shares that have a time-based vesting provision.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Powell Industries (POWL) report for Stacey John?
At what value was Stacey John’s Powell Industries (POWL) stock grant recorded?
What are the vesting terms of Stacey John’s Powell Industries (POWL) restricted stock grant?
How do Powell Industries (POWL) RSUs held by Stacey John convert into common stock?
Is Stacey John’s Powell Industries (POWL) equity award a cash purchase or compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.