Major POWL holder Thomas W. Powell reports open-market stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Powell Industries Inc. 10% owner Thomas W. Powell reported multiple open-market sales of the company’s common stock. On February 11–12, 2026, he sold blocks of 7,976, 2,309, 8,511, 6,320 and 80 shares at weighted-average prices between $592.2739 and $602.575. On February 13, 2026, he sold an additional 120 shares at $600.0633, leaving 651,949 shares held directly. The filing also shows 1,623,328 shares held indirectly through TWP Holdings and 4,000 shares held indirectly by his spouse, Kimberly R. Powell, for which he disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,316 shares ($15,126,885)
Net Sell
8 txns
Insider
POWELL THOMAS W
Role
10% Owner
Sold
25,316 shs ($15.13M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 120 | $600.0633 | $72K |
| Sale | Common Stock | 8,511 | $600.5607 | $5.11M |
| Sale | Common Stock | 6,320 | $601.3877 | $3.80M |
| Sale | Common Stock | 80 | $602.575 | $48K |
| Sale | Common Stock | 7,976 | $592.2739 | $4.72M |
| Sale | Common Stock | 2,309 | $593.5695 | $1.37M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 651,949 shares (Direct);
Common Stock — 1,623,328 shares (Indirect, Held in TWP Holdings)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $592.00 to $592.970, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $593.00 to $593.840, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.820, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.00 to $601.945, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $602.55 to $602.600, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.190, inclusive. These shares are held directly by the spouse of Thomas W. Powell. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the reporting person disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
FAQ
What does the latest Form 4 for POWL report?
The Form 4 for POWL reports that 10% owner Thomas W. Powell executed several open-market sales of Powell Industries common stock in February 2026, updating his direct and indirect ownership positions in the company’s shares.
What indirect POWL holdings are disclosed for Thomas W. Powell?
The filing shows indirect ownership of 1,623,328 POWL shares held in TWP Holdings and 4,000 shares held by his spouse, Kimberly R. Powell. It states he disclaims beneficial ownership of these, except to the extent of any pecuniary interest.
What does “weighted average price” mean in the POWL Form 4?
For each sale batch, the reported figure is a weighted-average price across multiple trades. Footnotes state POWL shares were sold in several transactions within specified price ranges, and the average price reflects the combined volume-weighted results.