{"schema_version":"secwatch.filing_event.v1","accession":"0000080420-23-000011","form_type":"8-K","ticker":"POWL","cik":"0000080420","company_name":"POWELL INDUSTRIES INC","filed_at":"2023-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.129049+00:00","generated_at":"2026-06-19T09:57:06.854271+00:00","sec_items":["5.02","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Powell Industries shareholders approve equity plan amendment, increase shares by 600K, elect new director","bullets":["Shareholders approved amendment to 2014 Equity Incentive Plan extending term to Dec 1, 2028 and increasing authorized shares to 1,350,000.","Elected new director Alaina K. Brooks (9,315,771 votes for) and re-elected Christopher E. Cragg and Katheryn B. Curtis.","Say-on-pay advisory vote passed (9,251,287 for, 75,110 against); frequency set to 1 year (8,339,152 votes).","Plan amendment includes a 600,000-share increase from the prior reserve, representing potential dilution for shareholders.","Other directors continuing: Brett A. Cope, James W. McGill, John G. Stacey, John D. White, Richard E. Williams."],"urls":{"canonical":"https://secwatch.observer/filing/0000080420-23-000011","json":"https://secwatch.observer/filing/0000080420-23-000011.json","markdown":"https://secwatch.observer/filing/0000080420-23-000011.md","text":"https://secwatch.observer/filing/0000080420-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000011/0000080420-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000011/powl-20230215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T09:57:06.854271+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"222d834b498b7afc6dcbba7b63a195ba91e47916","claim":"POWELL INDUSTRIES INC shareholders approved Say-on-Pay advisory vote.","evidence_excerpt":"Proposal No. 2: “Say-on-Pay” advisory vote Votes Cast For Vote Cast Against Votes Withheld/Abstentions Broker Non-Votes 9,251,287 75,110 4,308 —","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000011/0000080420-23-000011-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"}],"fact_type":"shareholder_vote"},{"claim_id":"69aaec8908dd40288ae52fef093b357a5bcd0531","claim":"POWELL INDUSTRIES INC shareholders approved Amendment to the 2014 Equity Incentive Plan.","evidence_excerpt":"Proposal No. 4: Amendment to the 2014 Equity Incentive Plan Votes Cast For Vote Cast Against Votes Withheld/Abstentions Broker Non-Votes 9,152,801 165,235 12,669 —","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000011/0000080420-23-000011-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"}],"fact_type":"shareholder_vote"},{"claim_id":"b6349b8bf820558f84c8adb36a30b6793d593a40","claim":"POWELL INDUSTRIES INC shareholders approved Selection of frequency of future say-on-pay votes.","evidence_excerpt":"Proposal No. 3: Selection of frequency of future “Say-on-Pay” votes 1 Year 2 Years 3 Years Abstain 8,339,152 5,262 982,966 3,325","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000011/0000080420-23-000011-index.htm","confidence":0.8,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"}],"fact_type":"shareholder_vote"},{"claim_id":"fc68aef00ac7f03f4ebd36fabedbbd858211c076","claim":"POWELL INDUSTRIES INC shareholders approved Election of directors.","evidence_excerpt":"Proposal No. 1: Election of directors Nominee Votes Cast For Vote Cast Against Votes Withheld Broker Non-Votes Christopher E. Cragg 8,007,441 — 1,323,264 — Katheryn B. Curtis 6,782,446 — 2,548,259 — Alaina K. Brooks 9,315,771 — 14,934 —","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000011/0000080420-23-000011-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}