[Form 4] Powell Industries Inc Insider Trading Activity
John Birchall, a Managing Director at Powell Industries, reported the sale of common stock on 08/26/2025. The Form 4 shows 3,000 shares were disposed of at a price of $260.03 per share. After this reported sale, Mr. Birchall beneficially owns 6,700 shares, which the filer notes include shares subject to time-based vesting. The filing was submitted under power of attorney by Michael W. Metcalf on 08/27/2025. The document is a standard Section 16 disclosure recording an insider sale and the remaining beneficial ownership.
- None.
- Insider sale recorded: 3,000 shares were disposed of on 08/26/2025 at $260.03 per share, reducing reported holdings.
- Remaining beneficial ownership reduced: Reported beneficial ownership after the sale is 6,700 shares (including time-based vested shares).
Insights
TL;DR Insider sale of 3,000 shares at $260.03 reduces holdings to 6,700 shares; transaction appears routine.
The Form 4 documents a direct sale by a named officer, which reduces his reported beneficial ownership to 6,700 shares. The sale price of $260.03 provides a concrete reference for execution value but the filing does not state the reason for the sale or whether it was part of a prearranged plan. From a market-impact perspective, the size of the sale relative to total outstanding shares is not provided, so material impact cannot be assessed from this filing alone.
TL;DR Disclosure is compliant and includes vesting note; no governance red flags evident in this Form 4.
The filing identifies the reporting person as an officer (Managing Director) and records the sale and remaining ownership with a note that some shares are time-vested. The Form 4 was signed via power of attorney, which is a common administrative practice. There are no omissions in the sections provided; however, the document does not indicate whether the transaction was executed under a Rule 10b5-1 plan.