Brooks Alaina K 4
Research Summary
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Powell Industries Director Alaina K. Brooks Receives 200-Share Award
What Happened
Alaina K. Brooks, a director of Powell Industries (POWL), was granted 200 shares of restricted stock on Feb 18, 2026. The award price is recorded at $0.01 per share (total reported value $2) and is coded as an acquisition/award (Form 4 transaction code A). This is a compensation grant for Board service rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-18; Form 4 filed: 2026-02-19 (timely filing).
- Grant details: 200 shares @ $0.01 each — reported value $2.
- Vesting: Shares vest on the earlier of the first anniversary of the grant or the Company’s 2027 Annual Stockholder Meeting (Footnote F1).
- Security type: Restricted stock / RSUs that convert one-for-one into common stock at vesting (Footnotes F2, F3). Includes time-based vesting provisions.
- Shares owned after transaction: not specified in the filing.
- Transaction code: A (award/grant).
Context
This is a routine director compensation award under the Non-Employee Director Equity Incentive Plan and does not reflect an open-market buy or sale. Such grants are common for non-employee directors and are time-vested; they become common shares only when vesting conditions are met.