Powell Industries: assistant secretary/treasurer David L Eckenrode sold 230 shares

What happened David L Eckenrode, assistant secretary/treasurer, had 230 shares withheld to cover payment of exercise price or tax liability on Sep 30, 2026 at $187.67 for $43,164. The filing also reports a grant/award of 165 shares on Oct 1, 2026 at $181.67 valued at $29,976.

Key details

• Transaction dates and prices: Sep 30, 2026 — 230 shares at $187.67 (tax/withholding, code F); Oct 1, 2026 — 165 shares at $181.67 (grant/award, code A).
• Shares owned after the transaction: not reported in the provided filing data.
• Relevant footnotes from the filing:
  • F1: $187.67 represents the average of the high and low stock price on Sep 30, 2026.
  • F2: The 165 shares include shares that have a time-based vesting provision.
  • F3: $181.67 represents the average closing stock price from Sep 1, 2026 - Sep 30, 2026.
  • F4: Share counts have been adjusted for the issuer's 3-for-1 forward split of common stock effective Apr 2, 2026.
• Form 4 filed Oct 2, 2026; filing timeliness not indicated in the provided data.

Why it may matter

• The filing shows a tax withholding (payment of exercise price or tax liability) of 230 shares and a separate grant/award of 165 shares that includes time-based vesting.
• The filing does not show whether the withholding was part of a cashless exercise or other settlement method beyond the tax/price payment code.
• A filing does not show why the insider traded or why the company acted.