Director at Powell Industries (POWL) sells 1,350 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Powell Industries director Mohit Singh reported an open-market sale of Common Stock. On May 28, 2026, Singh sold 1,350 shares at an average price of $293.21 per share. After this transaction, he directly holds 2,730 shares of Powell Industries common stock.
The filing notes that his holdings include shares with a time-based vesting provision, meaning some shares are tied to continued service or time conditions. It also states that the reported share numbers have been adjusted to reflect the company’s 3-for-1 forward stock split of its common stock that was effected on April 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,350 shares ($395,834)
Net Sell
1 txn
Insider
Singh Mohit
Role
null
Sold
1,350 shs ($396K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,350 | $293.21 | $396K |
Holdings After Transaction:
Common Stock — 2,730 shares (Direct, null)
Footnotes (1)
- Includes shares that have a time-based vesting provision. The reported number of shares have been adjusted to reflect the impact of the issuer's 3-for-1 forward split of its Common Stock effected on April 2, 2026.
Key Figures
Shares sold: 1,350 shares
Sale price: $293.21 per share
Shares held after sale: 2,730 shares
+3 more
6 metrics
Shares sold
1,350 shares
Open-market sale of Powell Industries Common Stock on May 28, 2026
Sale price
$293.21 per share
Average price for 1,350 Powell Industries shares sold
Shares held after sale
2,730 shares
Director Mohit Singh’s direct holdings following the transaction
Net shares sold
1,350 shares
Net sell direction in transaction summary
Stock split ratio
3-for-1
Forward split of Powell Industries Common Stock effective April 2, 2026
Transaction date
May 28, 2026
Date of Mohit Singh’s open-market sale of common stock
Key Terms
open-market sale, Common Stock, time-based vesting provision, 3-for-1 forward split
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
time-based vesting provision financial
"Includes shares that have a time-based vesting provision."
3-for-1 forward split financial
"adjusted to reflect the impact of the issuer's 3-for-1 forward split"
FAQ
What insider transaction did Powell Industries (POWL) disclose?
Powell Industries disclosed that director Mohit Singh executed an open-market sale of common stock. He sold 1,350 shares on May 28, 2026 at an average price of $293.21 per share.
What type of Powell Industries (POWL) stock was involved in Mohit Singh’s transaction?
The transaction involved Common Stock of Powell Industries. The Form 4 specifies that 1,350 shares of common stock were sold in an open-market transaction, with updated share counts reflecting the company’s recent stock split.
Did the Powell Industries (POWL) Form 4 mention any stock split adjustments?
Yes. The Form 4 states that the reported share numbers were adjusted for Powell Industries’ 3-for-1 forward stock split of its common stock, which was effected on April 2, 2026, affecting how share amounts are presented.