COPE BRETT ALAN 4
Research Summary
AI-generated summary
Powell Industries (POWL) CEO Brett Cope Sells 4,440 Shares
What Happened Brett Alan Cope, President & CEO and Director of Powell Industries, sold 4,440 shares on April 9, 2026 in an open-market disposition. The reported average price was $233.96 (range $233.81–$233.98), for total proceeds of approximately $1,038,782. The sales were made under a pre-established Rule 10b5-1 trading plan adopted November 26, 2025.
Key Details
- Transaction date: 2026-04-09 (open-market/private sale); Form 4 filed 2026-04-13.
- Shares sold: 4,440; average price $233.96; reported price range $233.81–$233.98 (multiple trades).
- Proceeds: ~$1,038,782.
- Shares owned after transaction: Not specified in the information provided.
- Footnotes: F1 = sale executed under a 10b5-1 plan (adopted 11/26/2025); F2 = average price with range; F3 = note that some reported shares include time‑based vesting provisions.
- Timeliness: Filed on 2026-04-13 (within typical 2-business-day reporting window).
Context This was a sale (disposition), not a purchase or exercise. Because the transaction was executed under a Rule 10b5-1 plan, it was pre-scheduled and may be less indicative of the insider’s current view of the company. Sales by executives are common for diversification or liquidity needs and do not, by themselves, signal company performance.