Powell Industries (POWL) EVP sells 4,500 preplanned shares in Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Powell Industries Executive Vice President Michael William Metcalf reported selling 4,500 shares of Powell Industries common stock in multiple open-market transactions on June 30, 2026. The trades were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 2, 2025.
The reported sales occurred at average prices within ranges from $279.73 to $287.96 per share, reflecting execution across several price brackets. After these transactions, Metcalf directly owns 78,900 shares of Powell Industries common stock, including shares subject to time-based vesting provisions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,500 shares ($1,280,861)
Net Sell
8 txns
Insider
METCALF MICHAEL WILLIAM
Role
Exec Vice President
Sold
4,500 shs ($1.28M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 187 | $280.05 | $52K |
| Sale | Common Stock | 619 | $281.22 | $174K |
| Sale | Common Stock | 387 | $282.45 | $109K |
| Sale | Common Stock | 405 | $283.34 | $115K |
| Sale | Common Stock | 471 | $284.29 | $134K |
| Sale | Common Stock | 697 | $285.66 | $199K |
| Sale | Common Stock | 1,235 | $286.52 | $354K |
| Sale | Common Stock | 499 | $287.57 | $143K |
Holdings After Transaction:
Common Stock — 83,213 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were affected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2025. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $279.73-$280.69, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote. The reported number of shares have been adjusted to reflect the impact of the issuer's 3-for-1 forward split of its Common Stock effected on April 2, 2026. Includes shares that have a time-based vesting provision. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $280.74-$281.52, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $281.95-$282.88, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $283.08-$283.98, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $284.11-$283.09, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $285.12-$286.12, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $286.14-$287.14, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote. The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $287.16-$287.96, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote.
Key Figures
Shares sold: 4,500 shares
Price range: $279.73–$287.96 per share
Shares held after: 78,900 shares
+3 more
6 metrics
Shares sold
4,500 shares
Total common shares sold on June 30, 2026
Price range
$279.73–$287.96 per share
Average price ranges for reported sale transactions
Shares held after
78,900 shares
Direct ownership following June 30, 2026 sales
Rule 10b5-1 plan adoption date
December 2, 2025
Date Metcalf adopted trading plan used for sales
Transactions reported
8 sale entries
Number of separate open-market sale lines in Form 4
Stock split ratio
3-for-1 forward split
Adjustment affecting reported share counts on April 2, 2026
Key Terms
Rule 10b5-1 trading plan, 3-for-1 forward split, time-based vesting provision, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were affected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 2, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
3-for-1 forward split financial
"The reported number of shares have been adjusted to reflect the impact of the issuer's 3-for-1 forward split of its Common Stock effected on April 2, 2026."
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.
average price financial
"The price reported in Column 4 is an average price; shares were sold in multiple transactions."
FAQ
What did Powell Industries (POWL) executive Michael Metcalf report in this Form 4?
Michael William Metcalf, Executive Vice President of Powell Industries, reported selling 4,500 common shares in multiple open-market transactions on June 30, 2026. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted in December 2025.
What type of transactions did Michael Metcalf report for Powell Industries (POWL)?
All reported transactions are open-market sales of Powell Industries common stock, coded as “S” in the Form 4. There were eight separate sale entries totaling 4,500 shares, with no option exercises, gifts, or tax-withholding dispositions reported.