{"schema_version":"secwatch.filing_event.v1","accession":"0000080420-26-000095","form_type":"8-K","ticker":"POWL","cik":"0000080420","company_name":"POWELL INDUSTRIES INC","filed_at":"2026-07-06T20:13:58+00:00","discovered_at":"2026-07-06T20:15:00.337403+00:00","generated_at":"2026-07-06T20:15:09.594181+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Powell Industries awards 36,000 RSUs to CEO Brett Cope with backloaded vesting to encourage retention beyond age 60","bullets":["Compensation Committee approved special one-time RSU award of 36,000 shares to President and CEO Brett A. Cope on July 1, 2026.","Award vests 25% on July 1, 2027, 25% on July 1, 2028, and 50% on July 1, 2029, backloaded to incentivize service beyond retirement eligibility.","If Cope retires before a vesting date, unvested portion will not vest or accelerate, differing from his existing employment agreement.","Committee considered ten-year compensation history and peer company special equity awards before approving the grant.","Board ratified the award on July 2, 2026 under the 2014 Equity Incentive Plan."],"urls":{"canonical":"https://secwatch.observer/filing/0000080420-26-000095","json":"https://secwatch.observer/filing/0000080420-26-000095.json","markdown":"https://secwatch.observer/filing/0000080420-26-000095.md","text":"https://secwatch.observer/filing/0000080420-26-000095.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80420/000008042026000095/0000080420-26-000095-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80420/000008042026000095/powl-20260701.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-06T20:15:09.594181+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}