TUNINETTI DAVIDE 4

What Happened
Davide Tuninetti, Chief Human Resource Officer of Powell Industries (POWL), had 110 shares disposed on 2026-02-03 under transaction code F (payment of exercise price or tax liability). The filing shows 110 shares surrendered/withheld at $0.00 (no cash proceeds reported). Footnote indicates these include shares subject to time‑based vesting.

Key Details

• Transaction date: 2026-02-03; Form 4 filed: 2026-02-04.
• Disposed: 110 shares at $0.00 (used to satisfy tax liability / withholding).
• Filing type/code: F — payment of exercise price or tax liability; footnote F1: includes shares with time‑based vesting.
• Shares owned after transaction: not specified in the provided filing details.
• Timeliness: filed the next day (no late-filing indicator provided).

Context
This was a tax-withholding share surrender (common when restricted stock units vest or when taxes on exercised awards are paid) rather than an open-market sale. Such withholdings are administrative and do not necessarily indicate the insider’s view on the stock.