---
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"
generated_at: "2026-07-06T20:15:09.594181+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Powell Industries awards 36,000 RSUs to CEO Brett Cope with backloaded vesting to encourage retention beyond age 60

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080420-26-000095
- JSON: https://secwatch.observer/filing/0000080420-26-000095.json
- Plain text: https://secwatch.observer/filing/0000080420-26-000095.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.