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Brett A. Cope awarded 36,000 RSUs by Powell

Powell granted Brett A. Cope a special one-time award of 36,000 restricted stock units to incentivize his continued service beyond age 60.Original SEC Filing: POWELL INDUSTRIES INC [ POWL ] - 8-K - Jul. 06, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important…

Powell granted Brett A. Cope a special one-time award of 36,000 restricted stock units to incentivize his continued service beyond age 60.

IndividualBrett A. Cope

RolePresident, Chief Executive Officer and Chairman of the Board

Type of ChangeAwarded restricted stock units

Effective DateApproved by Committee July 1, 2026; Approved by Board July 2, 2026

ReasonTo incentivize continued service beyond the date he is eligible to retire (age 60)

Replacement InfoNot disclosed

Background DetailsAward terms substantially consistent with outstanding time-based RSUs; Committee considered 10-year compensation review and peer special equity awards

Board/Committee Role ChangesNot disclosed

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.