Eckenrode David L 4

What Happened
David L. Eckenrode, Assistant Secretary/Treasurer of Powell Industries (POWL), sold 295 shares in an open-market transaction on February 10, 2026. The shares were sold at $570.00 per share for total proceeds of $168,150. This was a sale (disposition), which is often routine for insiders and does not by itself indicate company prospects.

Key Details

• Transaction type: Open-market sale (Form 4 code S) — shares disposed.
• Date and price: 2026-02-10 at $570.00 per share.
• Shares sold: 295; Total proceeds: $168,150.
• Shares owned after transaction: Not disclosed on this Form 4.
• Footnote: F1 — "Includes shares that have a time-based vesting provision."
• Filing: Form filed 2026-02-12 for a 2026-02-10 transaction (no late filing indicated).

Context
Sales by officers can be routine (e.g., diversification, tax planning) and do not by themselves signal insider confidence or concern. This filing does not indicate any option exercise, gift, or 10% owner transaction; it is a straight open-market sale.