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Powell Industries (POWL) HR chief discloses 110-share disposition, holds 1,070

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Powell Industries’ chief human resource officer, Davide Tuninetti, reported a small stock disposition. On 02/03/2026 he disposed of 110 shares of Powell Industries common stock at a reported price of $0 per share. After this transaction, he beneficially owned 1,070 common shares in direct ownership.

A footnote explains that this total includes shares subject to a time-based vesting provision, meaning some of the reported holdings will vest over time rather than all being immediately unrestricted.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
TUNINETTI DAVIDE

(Last) (First) (Middle)
8550 MOSLEY ROAD

(Street)
HOUSTON TX 77075

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
POWELL INDUSTRIES INC [ POWL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF HUMAN RESOURCE OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/03/2026 02/03/2026 F 110 D $0 1,070(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes shares that have a time-based vesting provision.
Remarks:
Michael W. Metcalf, Power of Attorney for Davide Tuninetti 02/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Powell Industries (POWL) report for Davide Tuninetti?

Powell Industries reported that chief human resource officer Davide Tuninetti disposed of 110 shares of common stock on 02/03/2026. The transaction involved non-derivative common shares and was coded as an "F" transaction, indicating a form of share disposition rather than an open-market purchase.

How many Powell Industries (POWL) shares does Davide Tuninetti hold after this Form 4?

After the reported transaction, Davide Tuninetti beneficially owned 1,070 shares of Powell Industries common stock. The filing notes that this amount is held in direct ownership and includes shares that are subject to a time-based vesting provision over a period.

What does the transaction code "F" mean in the Powell Industries (POWL) Form 4?

In this Form 4, the transaction code "F" identifies the transaction as a disposition of common stock. The report shows 110 common shares were disposed of at a reported price of $0 per share on 02/03/2026, affecting the insider’s beneficial holdings.

Does the Powell Industries (POWL) Form 4 show any derivative securities for Davide Tuninetti?

No derivative securities are listed for this transaction. The Form 4 includes only a non-derivative common stock entry, showing 110 shares disposed of and 1,070 shares beneficially owned afterward, with no options, warrants, or other derivative instruments reported in Table II.

What does the time-based vesting provision mean for Powell Industries (POWL) shares held by Davide Tuninetti?

The time-based vesting provision means some of the 1,070 common shares will vest over time instead of being fully vested immediately. As they vest according to the specified schedule, Tuninetti’s exercisable or unrestricted ownership in Powell Industries stock may gradually increase.

What role does Davide Tuninetti hold at Powell Industries (POWL) according to this Form 4?

According to the Form 4, Davide Tuninetti serves as an officer of Powell Industries with the title of chief human resource officer. He is not listed as a director or 10% owner, and the filing reflects his status as a Section 16 reporting officer.
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