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Powell Industries: McKertcher acquires 600 shares

The operations vice president's reported share activity includes a split-adjusted 600-share award and a separate 700-share delivery or withholding entry.

(Moderate)

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Form Type
4

Rhea-AI Filing Summary

Powell Industries Inc. (POWL) Vice President, Operations Terry B. McKertcher acquired 600 shares of common stock on October 1, 2026; the reported share count reflects the 3-for-1 forward split effected April 2, 2026. On September 30, 2026, 700 shares were delivered or withheld for payment of exercise price or tax liability. The entries list per-share figures of $181.6700 and $187.6700, respectively: the first represents the average closing stock price from September 1 through September 30, 2026, and the second represents the average of the high and low stock price on September 30, 2026.

Insider McKertcher Terry B
Role Vice President, Operations
Type Security Shares Price Value
Grant/Award Common Stock F3, F2, F4 600 $181.67 $109K
Exercise Price or Tax Liability Common Stock F1, F2 700 $187.67 $131K
Holdings After Transaction: Common Stock — 13,199 shares (Direct)
Footnotes (4)
  1. F1. Represents the average of the high and low stock price on 09/30/2026.
  2. F2. Includes shares that have a time-based vesting provision.
  3. F3. Represents the average closing stock price from September 1, 2026 - September 30, 2026.
  4. F4. 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.
Shares acquired 600 shares October 1, 2026; reported count adjusted for the 3-for-1 forward split effected April 2, 2026
Average closing stock price $181.6700 per share Average closing stock price from September 1 through September 30, 2026, reported with the October 1 award
Shares delivered or withheld 700 shares September 30, 2026, for payment of exercise price or tax liability
Average of high and low stock price $187.6700 per share September 30, 2026
Forward split 3-for-1 Effected April 2, 2026
3-for-1 forward split financial
"issuer's 3-for-1 forward split of its Common Stock effected on April 2, 2026"
average closing stock price financial
"Represents the average closing stock price from September 1, 2026 - September 30, 2026."
average of the high and low stock price financial
"Represents the average of the high and low stock price on 09/30/2026."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did Terry B. McKertcher acquire in the POWL report?

Terry B. McKertcher, Vice President, Operations, acquired 600 common shares on October 1, 2026. The reported share count reflects the 3-for-1 forward split effected April 2, 2026. The entry lists $181.6700 per share, representing the average closing stock price from September 1 through September 30, 2026.

Why were 700 POWL shares delivered or withheld?

On September 30, 2026, Terry B. McKertcher reported 700 shares delivered or withheld for payment of exercise price or tax liability. The entry lists $187.6700 per share, representing the average of the high and low stock price on that date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
McKertcher Terry B

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

(Street)
HOUSTON TEXAS 77075

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
POWELL INDUSTRIES INC [ POWL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President, Operations
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/30/202610/01/2026F700D$187.67(1)12,599(2)D
Common Stock10/01/202610/01/2026A600A$181.67(3)13,199(2)(4)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the average of the high and low stock price on 09/30/2026.
2. Includes shares that have a time-based vesting provision.
3. Represents the average closing stock price from September 1, 2026 - September 30, 2026.
4. 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.
Remarks:
Michael W. Metcalf, Power of Attorney for Terry B. McKertcher10/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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