Ni Ping 4

What Happened

• Ni Ping, Corporate Controller of Powell Industries (POWL), sold 70 shares in an open-market transaction on 2026-02-11 at $590.00 per share, for total proceeds of $41,300. This was a sale (disposition), which is often routine and does not by itself indicate a change in company outlook.

Key Details

• Transaction date and price: 2026-02-11 — 70 shares sold at $590.00 each.
• Total value: $41,300.
• Transaction type: Sale (open market or private sale indicated as "S" on the filing).
• Shares owned after the transaction: Not specified in the provided filing details.
• Footnote: F1 — Includes shares that have a time-based vesting provision (the filing notes some holdings may include unvested/vesting shares).
• Filing timeliness: Report filed 2026-02-12 (the day after the transaction), which appears timely.

Context

• Sales by executives can be routine (e.g., diversification, personal liquidity, tax planning) and do not necessarily signal negative views about the company. No option exercise, gift, or special plan (e.g., 10b5-1) was reported for this transaction.