Powell Industries (POWL) VP McKertcher logs multiple stock sales around $560
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.
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Insider Trade Summary
| 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 |
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.
FAQ
What insider transaction did POWL executive Terry B. McKertcher report?
What is Terry B. McKertcher’s role at Powell Industries (POWL)?
Do the POWL insider transactions involve derivative securities or only common stock?
How are the average prices in the POWL Form 4 insider trades explained?