[Form 4] Powell Industries Inc Insider Trading Activity
Terry B. McKertcher, Vice President, Operations of Powell Industries (POWL), reported two sales of company stock on 08/11/2025. The Form 4 shows a sale of 500 shares at $260.74 and a sale of 1,000 shares at $259.07 on the same date. The filing lists beneficial ownership following the reported transactions as 8,000 shares and 7,000 shares respectively, and notes that the totals include shares subject to time‑based vesting.
The report was submitted on Form 4 and indicates the filing was executed by a power of attorney. The disclosure is limited to the transaction details and the nature of the reporting person as an officer (Vice President, Operations).
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Insights
TL;DR: Officer executed two sales totaling 1,500 POWL shares on 08/11/2025; holdings reported as 8,000 and 7,000 shares.
The Form 4 documents two separate non‑derivative sales by Terry B. McKertcher on 08/11/2025: 500 shares at $260.74 and 1,000 shares at $259.07. The filing reports beneficial ownership levels following each transaction and explicitly notes inclusion of time‑based vesting shares. From a trading data perspective, these are straightforward Section 16 disclosures showing disposition of equity by an officer. There is no additional financial or operational information provided in the filing to assess broader company impact.
TL;DR: Form 4 shows compliant disclosure of officer stock sales, executed via power of attorney; reporting person is an officer, not a 10% owner.
The document identifies Terry B. McKertcher as the reporting person and marks his relationship as an officer (Vice President, Operations). The signature block shows the filing was executed by Michael W. Metcalf as Power of Attorney for the reporting person. The form lists transaction codes for sales and provides post‑transaction beneficial ownership counts, and it includes a remark that some shares are subject to time‑based vesting. For governance review, the filing meets basic disclosure requirements but contains no additional contextual information about intent or company matters.