[144] Powell Industries Inc SEC Filing

Rhea-AI Filing Summary

Powell Industries Inc. (POWL) – Form 144 filing overview

On a LIVE Form 144 submitted to the SEC, insider Michael W. Metcalf gave notice of a proposed sale of up to 3,921 common shares, valued at roughly $825,551, through Fidelity Brokerage Services. The shares represent about 0.03 % of the company’s 12.07 million shares outstanding and are slated for sale on or after 27 June 2025 on the NASDAQ.

The securities were acquired via restricted-stock vesting in three tranches on 1 Oct 2022 (1,850 shares), 2 Dec 2022 (500 shares) and 1 Oct 2023 (1,571 shares), all classified as compensation. During the last three months Metcalf has already sold 2,733 shares for aggregate gross proceeds of approximately $546,722.

No other financial, operational or strategic information was included in this filing.

Positive

• None.

Negative

• Insider disposition: Michael W. Metcalf plans to sell 3,921 shares (~$0.83 M) following prior sales of 2,733 shares (~$0.55 M).

Insights

Corporate Governance Expert

TL;DR: Small-scale insider sale; limited governance impact.

The filing discloses that Michael W. Metcalf intends to dispose of 3,921 shares—only about 0.03 % of Powell Industries’ float. The shares stem from routine restricted-stock vesting and follow previously disclosed sales of 2,733 shares in the prior quarter. Because the transaction size is immaterial to the company and is reported in advance under Rule 144, governance risk appears low. Investors should simply note the ongoing liquidation pattern when monitoring future insider activity, but no red flags emerge regarding undisclosed material information as the signer affirms none exists.

Securities Analyst

TL;DR: Neutral-to-slightly negative; insider continues modest selling.

Selling 3,921 shares at an implied ~$210 price equates to ~$0.83 M—insignificant versus the firm’s market cap yet worth tracking. Combined with $0.55 M sold since March, the insider will have monetised ~$1.37 M should the plan complete. While insider selling can signal caution, the volume is too small to alter the investment thesis and may merely satisfy personal liquidity needs after vesting. No earnings or operational data accompany the filing, so the market impact is likely muted unless future filings show accelerating insider dispositions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	3921	825551.42	12068223	06/27/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/01/2022	Restricted Stock Vesting	Issuer			1850	10/01/2022	Compensation
Common	12/02/2022	Restricted Stock Vesting	Issuer			500	12/02/2022	Compensation
Common	10/01/2023	Restricted Stock Vesting	Issuer			1571	10/01/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael W. Metcalf 8550 Mosley Road Houston TX 77075-1180	Common	06/16/2025	200	40000.00
Michael W. Metcalf 8550 Mosley Road Houston TX 77075-1180	Common	06/26/2025	2533	506722.43

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Powell Industries (POWL) shares are covered by this Form 144?

3,921 common shares are proposed for sale.

What is the dollar value of the proposed POWL share sale?

The aggregate market value is about $825,551 according to the filing.

When is the approximate sale date for the POWL shares?

The filing lists 27 June 2025 as the planned sale date.

What percentage of shares outstanding does 3,921 shares represent for POWL?

Roughly 0.03 % of the 12,068,223 shares outstanding.

Has the insider sold POWL shares recently?

Yes. In the last three months the insider sold 2,733 shares for gross proceeds of about $546,722.

How were the shares originally acquired?

All shares were obtained via restricted-stock vesting in 2022 and 2023 as compensation.