Affiliate files resale notice for 4,500 shares at Powell (NASDAQ: POWL)
Rhea-AI Filing Summary
Powell Industries submitted a Form 144 notice reporting a planned sale of Common Stock totaling 4,500 shares. The filing lists Restricted Stock Vesting dated 12/02/2024 as the acquisition source for those 4,500 shares. The filing also discloses that Michael W. Metcalf sold 3,000 shares on 03/31/2026 for $1,583,984.50.
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Insights
Routine Form 144 notice: affiliate proposes resale of vested restricted shares.
The filing shows a proposed resale of 4,500 shares tied to Restricted Stock Vesting dated 12/02/2024. Form 144 is a notice of an affiliate's intent to sell under resale rules and does not itself effect a sale.
Cash‑flow treatment and timing of any sale are not stated in the excerpt; subsequent brokerage reports or an executed Form 4/transaction report would record completion.