Powell Industries CEO sells 4,440 shares in planned trade
POWELL INDUSTRIES INC President & CEO Brett Alan Cope reported an open-market sale of 4,440 shares of common stock on July 9, 2026 at $241.55 per share.
Rhea-AI Filing Summary
POWELL INDUSTRIES INC President & CEO Brett Alan Cope reported an open-market sale of 4,440 shares of common stock on July 9, 2026 at $241.55 per share. Following this transaction, he directly holds 517,233 shares, which include shares with a time-based vesting provision. The sale was effected pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2025.
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Insights
CEO Cope made a pre-planned sale of a small portion of his Powell Industries stake.
The President & CEO of POWELL INDUSTRIES INC, Brett Alan Cope, executed an open-market sale of 4,440 common shares at $241.55 per share on July 9, 2026. The transaction is coded as an open-market sale and disclosed as a non-derivative transaction.
The filing notes that the sale was carried out under a Rule 10b5-1 trading plan adopted on November 26, 2025, indicating the trades were pre-scheduled rather than opportunistic. After the sale, Cope directly holds 517,233 shares, including shares subject to a time-based vesting provision, so he retains a substantial equity position aligned with shareholders.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 4,440 | $241.55 | $1.07M |
Footnotes (2)
- F1. The sales reported in this Form 4 were affected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2025.
- F2. Includes shares that have a time-based vesting provision.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
time-based vesting provision financial
open-market sale financial
non-derivative financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did POWELL INDUSTRIES INC (POWL) report for Brett Alan Cope?
Was the July 9, 2026 POWELL INDUSTRIES INC (POWL) CEO sale under a Rule 10b5-1 plan?
What type of security did Brett Alan Cope trade in this POWELL INDUSTRIES INC (POWL) Form 4?
Does the POWELL INDUSTRIES INC (POWL) Form 4 mention any vesting conditions on Brett Alan Cope’s holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.