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Corporate controller at Powell Industries (POWL) sells 70 shares at $590

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

Rhea-AI Filing Summary

Powell Industries corporate controller Ni Ping reported an open-market sale of company stock. On 02/11/2026, Ni Ping sold 70 shares of Powell Industries common stock at a price of $590 per share.

Following this transaction, Ni Ping directly beneficially owns 2,023 shares of Powell Industries common stock. This total includes shares that are subject to a time-based vesting provision, meaning some shares will vest over time rather than all being fully owned immediately.

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*
Ni Ping

(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)
Corp Controller
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
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 02/11/2026 02/11/2026 S 70 D $590 2,023(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 Ping Ni 02/12/2026
** 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 Ni Ping?

Powell Industries reported that corporate controller Ni Ping sold 70 shares of common stock in an open-market transaction at $590 per share. After this sale, Ni Ping directly holds 2,023 shares, including shares that vest over time.

What role does Ni Ping hold at Powell Industries (POWL)?

Ni Ping is an officer of Powell Industries, serving as Corporate Controller. This role typically oversees financial reporting and internal controls, making Ni Ping a key financial executive whose share transactions are disclosed through Form 4 filings.

How many Powell Industries (POWL) shares does Ni Ping own after the sale?

After the reported sale, Ni Ping beneficially owns 2,023 shares of Powell Industries common stock. This figure includes shares that are subject to time-based vesting, meaning some shares will become fully owned only after certain time conditions are met.

At what price were Ni Ping’s Powell Industries (POWL) shares sold?

The reported transaction shows Ni Ping sold 70 shares of Powell Industries common stock at $590 per share. The sale was coded as an open-market or private transaction, indicating it was executed at prevailing market terms.

What does time-based vesting mean for Ni Ping’s POWL shares?

Time-based vesting means some of Ni Ping’s 2,023 shares will become fully owned only after specific time periods elapse. Until vesting dates occur, those shares may be subject to forfeiture or restrictions, even though they count toward beneficial ownership.

Was Ni Ping’s Powell Industries (POWL) transaction a purchase or a sale?

The Form 4 shows a sale transaction by Ni Ping. The code “S” identifies it as a sale in an open-market or private transaction, involving 70 shares of Powell Industries common stock at $590 per share.
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Electrical Equipment & Parts
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