New Perma-Pipe CEO Shows Confidence with Significant Initial Stock Holdings

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.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Sagr Saleh Nehad Saleh

(Last) (First) (Middle)

25025 INTERSTATE 45

SUITE 200

(Street)

THE WOODLANDS TX 77380

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/24/2025

3. Issuer Name and Ticker or Trading Symbol
Perma-Pipe International Holdings, Inc. [ PPIH ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	21,802	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Saleh N. Sagr	06/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many shares of PPIH does the new CEO directly own?

The Form 3 filing shows that the new CEO directly owns 21,802 shares of PPIH common stock, held in Direct (D) ownership form.

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.