Stacey John 4

What Happened
Stacey John, a director of Powell Industries (POWL), received an award of 200 restricted shares on 2026-02-18. The filing reports an acquisition price of $0.01 per share (total reported value $2). This was a compensation grant to a non-employee director, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-18; filing date: 2026-02-19 (filed the next day).
• Transaction type: Award/Grant (code A). Reported price: $0.01 per share; total reported value: $2.
• Vesting: Shares vest on the earlier of the first anniversary of the grant or the Company's 2027 Annual Stockholder Meeting (see F1).
• Instrument: Restricted stock / RSUs that convert one-for-one into common stock at vesting (see F2). Includes time-based vesting provisions (see F3).
• Shares owned after transaction: not specified in the provided filing.

Context
This is a routine equity grant under the Non-Employee Director Equity Incentive Plan to compensate board service. Such grants are common and reflect compensation, not necessarily a buy/sell signal. The filing appears timely (filed one day after the grant).