Powell Industries (POWL) CEO Brett Cope Sells 4,500 Shares

What Happened

• Brett Alan Cope, President & CEO and a director of Powell Industries (POWL), sold 4,500 shares on 2026-08-13 at $207.01 per share, for total proceeds of approximately $931,545. The transaction is reported as a sale (Code S) and was executed as an open‑market or private sale.

Key Details

• Transaction date: 2026-08-13; Price: $207.01; Shares sold: 4,500; Proceeds: ~$931,545.
• Transaction type: Sale (S); reported on Form 4 filed 2026-08-14 (timely filing).
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2025.
• Footnote: The filing notes inclusion of shares that have a time‑based vesting provision (per Form 4 footnote).
• Shares owned after the transaction are not specified in the information provided here—see the full Form 4 for post‑transaction holdings.

Context

• The sale was made under a pre‑arranged 10b5‑1 plan, which typically schedules trades in advance and can make a sale less indicative of the insider’s current view of the company. Sales are often routine (e.g., for diversification or liquidity) and, while informative, generally carry less bullish signal than purchases.