Zakhour Nancy 4

What Happened Nancy Zakhour, an independent director of Perma-Pipe International Holdings, Inc. (PPIH), was awarded 576 shares on April 10, 2026. The shares were granted at $0.00 per share (total reported acquisition value $0) as compensation for her services as an independent director.

Key Details

• Transaction date: 2026-04-10 (reported on Form 4 filed 2026-04-13).
• Transaction type/code: A (Award/Grant/Other acquisition).
• Shares acquired: 576 shares at $0.00 per share; reported acquisition value $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Initial grant of shares as compensation for services as independent director (F1).
• Filing timeliness: Filing date is shown; the filing does not indicate any special plans (e.g., 10b5-1) or tax-withholding disposition in the excerpt.

Context This was a compensation award to a non-employee director, not an open-market purchase or sale. Such grants are commonly used to compensate directors and do not by themselves indicate a personal cash investment or direct market sentiment.