New Perma-Pipe CEO Shows Confidence with Significant Initial Stock Holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
A Form 3 filing reveals that Sagr Saleh Nehad Saleh has been appointed as President & CEO of Perma-Pipe International Holdings (PPIH), effective June 24, 2025. This initial statement of beneficial ownership discloses the following key details:
- The executive directly owns 21,802 shares of common stock
- No derivative securities (options, warrants, etc.) are reported as beneficially owned
- The filing confirms their status as an officer, not a director or 10% owner
- The executive's business address is located in The Woodlands, Texas
This Form 3 filing, required by Section 16(a) of the Securities Exchange Act, establishes the baseline ownership position for the new executive officer. The filing was signed on June 27, 2025, within the required reporting timeframe following their appointment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sagr Saleh Nehad Saleh
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,802 shares (Direct)
Footnotes (1)
FAQ
Who is the new President & CEO of PPIH according to the Form 3 filing?
According to the Form 3 filing, Sagr Saleh Nehad Saleh is the new President & CEO of Perma-Pipe International Holdings, Inc. (PPIH). This initial statement of beneficial ownership was filed following their appointment on June 24, 2025.
Does PPIH's new CEO hold any derivative securities like stock options?
According to Table II of the Form 3 filing, the new CEO does not hold any derivative securities such as stock options, puts, calls, warrants, or convertible securities at the time of the filing.
When did PPIH's new CEO Sagr Saleh Nehad Saleh assume their position?
According to the Form 3 filing, the date of event requiring the statement was June 24, 2025, which indicates when Sagr Saleh Nehad Saleh assumed the position of President & CEO at PPIH.
What is the business address of PPIH's new CEO?
The new CEO's business address is listed as 25025 Interstate 45, Suite 200, The Woodlands, TX 77380.