POWELL INDUSTRIES INC: Corp controller Ni Ping sold 230 shares

What happened Ni Ping, corp controller, disposed of 230 shares to satisfy a tax withholding at an average price of $187.67 on Sep 30, 2026 for $43,164. The filing also reports a grant of 200 shares acquired at $181.67 on Oct 1, 2026 valued at $36,334.

Key details

• Transaction dates and prices: Sep 30, 2026 — 230 shares disposed at $187.67 (code F); Oct 1, 2026 — 200 shares acquired at $181.67 (code A).
• Reason for disposition: payment of exercise price or tax liability (tax withholding, code F).
• Grant terms: includes shares that have a time-based vesting provision (footnote F2).
• Price notes: $187.67 represents the average of the high and low stock price on Sep 30, 2026 (F1). $181.67 represents the average closing stock price from Sep 1, 2026 through Sep 30, 2026 (F3).
• Share count adjustments: reported numbers reflect the issuer's 3-for-1 forward split effective Apr 2, 2026 (F4).
• Shares owned after the transactions: not reported in the provided filing.
• Filing date: Oct 2, 2026 (accession 0000080420-26-000121).

Why it may matter

• The Sep 30 transaction was a tax-withholding disposition of shares to satisfy tax obligations tied to a compensation event.
• The Oct 1 transaction was an award/grant of shares, with some subject to time-based vesting.
  A filing does not show why the insider traded or why the company acted.