Powell Industries (POWL) CEO trims stake with 36,000-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Powell Industries President & CEO Brett Alan Cope reported an open-market sale of 36,000 shares of Common Stock on July 1, 2026 at $0.0100 per share. Following this transaction, he directly owns 521,673 shares of Powell Industries.
Footnotes note a board-approved, one-time RSU incentive tied to continued service past retirement eligibility and indicate that his holdings include shares with a time-based vesting provision, highlighting that a portion of his equity position is compensation-related and subject to vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 36,000 shares ($360)
Net Sell
1 txn
Insider
COPE BRETT ALAN
Role
President & CEO
Sold
36,000 shs ($360.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 36,000 | $0.01 | $360.00 |
Holdings After Transaction:
Common Stock — 521,673 shares (Direct, null)
Footnotes (1)
- Board approved, one-time RSU incentive to continue service past retirement eligibility. Includes shares that have a time-based vesting provision.
Key Figures
Shares sold: 36,000 shares
Sale price per share: $0.0100 per share
Shares held after transaction: 521,673 shares
+1 more
4 metrics
Shares sold
36,000 shares
Open-market sale on July 1, 2026
Sale price per share
$0.0100 per share
Reported transaction price for the sale
Shares held after transaction
521,673 shares
Direct holdings following the sale
Net shares sold
36,000 shares
Net sell direction in transaction summary
Key Terms
RSU, time-based vesting provision, open-market sale, transaction code "S"
4 terms
RSU financial
"Board approved, one-time RSU incentive to continue service past retirement eligibility."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
time-based vesting provision financial
"Includes shares that have a time-based vesting provision."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
transaction code "S" financial
"transaction_code": "S""
FAQ
What insider transaction did Powell Industries (POWL) report for its CEO?
Powell Industries reported that President & CEO Brett Alan Cope sold 36,000 shares of Common Stock in an open-market transaction. After this sale, he directly holds 521,673 shares, indicating he retained a substantial equity position in the company.
Was the Powell Industries (POWL) CEO’s transaction a buy or a sell?
The transaction was a sell. The Form 4 lists a transaction code “S” and describes it as an open-market sale, with 36,000 shares of Powell Industries Common Stock sold by President & CEO Brett Alan Cope on July 1, 2026.
Do Powell Industries (POWL) CEO holdings include time-vested RSUs?
Yes. Footnotes explain that the CEO received a board-approved, one-time RSU incentive to continue service past retirement eligibility and that his holdings include shares with a time-based vesting provision, meaning part of his equity is subject to vesting conditions.