POWELL THOMAS W 4
4 · POWELL INDUSTRIES INC · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Powell Industries (POWL) 10% Owner Thomas W. Powell Sells Shares
What Happened
Thomas W. Powell, a 10% owner of Powell Industries (POWL), sold a total of 1,477 shares in open-market transactions on February 24–25, 2026. The individual sales were: 400 shares at $560.30 ($224,120); 412 shares at $561.44 ($231,313); 223 shares at $562.25 ($125,381); 124 shares at $563.65 ($69,893); and 318 shares at $560.37 ($178,199). Combined proceeds across all trades were approximately $828,906. These were outright sales (S), which are typically treated as routine dispositions rather than bullish signals.
Key Details
- Transaction dates: Feb 24, 2026 (four blocks) and Feb 25, 2026 (one block).
- Prices: Reported as weighted averages; reported price ranges per footnotes:
- 400-share block: $560.00–$560.98 (F1)
- 412-share block: $561.00–$561.98 (F2)
- 223-share block: $562.00–$562.52 (F3)
- 124-share block: $563.275–$564.08 (F4)
- 318-share block: $560.00–$560.50 (F5)
- Total sold: 1,477 shares for ~ $828,906.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Notable footnotes: some holdings are directly held by the reporting person's spouse (F6); the reporting person disclaims beneficial ownership except for any pecuniary interest (F7).
- Filing timeliness: Form 4 filed Feb 26, 2026 — appears to be timely (Filed within normal SEC reporting window).
Context
This filing documents secondary-market sales by a significant (10%) shareholder rather than a purchase or option exercise. Sales can reflect many reasons (diversification, liquidity needs, estate planning, etc.); the filing itself does not state a motive. Footnotes clarify the sales were executed in multiple trades at the listed price ranges and note spouse-held shares and a standard disclaimer of beneficial ownership.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-24$560.30/sh−400$224,120→ 651,549 total - Sale
Common Stock
[F2]2026-02-24$561.44/sh−412$231,313→ 651,137 total - Sale
Common Stock
[F3]2026-02-24$562.25/sh−223$125,381→ 650,914 total - Sale
Common Stock
[F4]2026-02-24$563.65/sh−124$69,893→ 650,790 total - Sale
Common Stock
[F5]2026-02-25$560.37/sh−318$178,199→ 650,472 total
- 1,623,328(indirect: Held in TWP Holdings)
Common Stock
- 4,000(indirect: Kimberly R. Powell)
Common Stock
[F6][F7]
Footnotes (7)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $560.00 to $560.980, inclusive.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $561.00 to $561.980, inclusive.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $562.00 to $562.520, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $563.275 to $564.080, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $560.00 to $560.50, inclusive.
- [F6]These shares are held directly by the spouse of Thomas W. Powell.
- [F7]For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the reporting person disclaims beneficial ownership of any such securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or otherwise.