Powell Industries (POWL) VP McKertcher logs multiple stock sales around $560

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Powell Industries (POWL) vice president Terry B. McKertcher reported multiple open-market sales of common stock on February 6, 2026. He sold blocks of 500, 1,300, 700, and 500 shares at prices of $550, $555.96, $560.05, and $565.06 per share, respectively.

After these transactions, McKertcher beneficially owned 4,433 Powell Industries shares directly, including shares with a time-based vesting provision. Some sale prices are reported as volume-weighted averages for trades within disclosed intraday price ranges.

Insider Trade Summary

Net Seller: 3,000 shares ($1,672,313)

Net Sell 4 txns

Insider McKertcher Terry B

Role Vice President, Operations

Sold 3,000 shs ($1.67M)

Type	Security	Shares	Price	Value
Sale	Common Stock	500	$550.00	$275K
Sale	Common Stock	1,300	$555.96	$723K
Sale	Common Stock	700	$560.05	$392K
Sale	Common Stock	500	$565.06	$283K

Holdings After Transaction: Common Stock — 6,933 shares (Direct)

Footnotes (1)

Includes shares that have a time-based vesting provision. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $555.74-$556.23, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $560.05-$560.34, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote.

Form 4 Insider Transactions: What Each Field Means →

02/09/2026 - 04:21 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McKertcher Terry B

(Last)

(First)

(Middle)

8550 MOSLEY ROAD

(Street)

HOUSTON

77075

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
POWELL INDUSTRIES INC [ POWL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice President, Operations

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/06/2026	02/06/2026	S		500	D	$550	6,933⁽¹⁾	D
Common Stock	02/06/2026	02/06/2026	S		1,300	D	$555.96⁽²⁾	5,633⁽¹⁾	D
Common Stock	02/06/2026	02/06/2026	S		700	D	$560.05⁽³⁾	4,933⁽¹⁾	D
Common Stock	02/06/2026	02/06/2026	S		500	D	$565.06	4,433⁽¹⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Includes shares that have a time-based vesting provision.

2. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $555.74-$556.23, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote.

3. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $560.05-$560.34, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote.

Remarks:

	Michael W. Metcalf, Power of Attorney for Terry B. McKertcher	02/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did POWL executive Terry B. McKertcher report?

Terry B. McKertcher reported selling Powell Industries common stock in several open-market trades on February 6, 2026. He executed four transactions of 500, 1,300, 700, and 500 shares at prices between $550 and $565.06 per share, according to the Form 4 filing.

What is Terry B. McKertcher’s role at Powell Industries (POWL)?

Terry B. McKertcher is an officer of Powell Industries, serving as Vice President, Operations. His Form 4 identifies him as an executive, not a director or 10% owner, which clarifies the capacity in which he holds and trades Powell Industries common stock.

At what prices did the POWL insider sell Powell Industries shares?

The reported sales occurred at per-share prices of $550, $555.96, $560.05, and $565.06. Two of these prices are disclosed as average prices for multiple trades within ranges of $555.74–$556.23 and $560.05–$560.34, as detailed in the Form 4 footnotes.

How many Powell Industries (POWL) shares does Terry B. McKertcher own after the sales?

Following the reported transactions, Terry B. McKertcher beneficially owns 4,433 Powell Industries common shares directly. The filing notes that this figure includes shares subject to a time-based vesting provision, which affects when certain shares fully vest to him.

Do the POWL insider transactions involve derivative securities or only common stock?

The reported insider transactions involve only Powell Industries common stock as non-derivative securities. The Form 4 table for derivative securities such as options, warrants, or convertible instruments shows no entries for acquisitions, dispositions, or holdings in this particular filing.

How are the average prices in the POWL Form 4 insider trades explained?

For two transactions, the Form 4 states the reported price is an average across multiple trades. It discloses trading ranges of $555.74–$556.23 and $560.05–$560.34, and notes the reporting person will provide full trade-by-trade price details to Powell Industries or SEC staff upon request.