Brett A. Cope - Jun 14, 2024 Form 4 Insider Report for POWELL INDUSTRIES INC (POWL)

Signature
Michael W. Metcalf, Power of Attorney for Brett A. Cope
Stock symbol
POWL
Transactions as of
Jun 14, 2024
Transactions value $
-$457,951
Form type
4
Date filed
6/18/2024, 04:44 PM
Previous filing
Dec 1, 2023
Next filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWL Common Stock Sale -$183K -1.11K -0.72% $164.73 153K Jun 14, 2024 Direct F1, F2, F3
transaction POWL Common Stock Sale -$121K -732 -0.48% $165.58 152K Jun 14, 2024 Direct F1, F3, F4
transaction POWL Common Stock Sale -$18K -108 -0.07% $166.22 152K Jun 14, 2024 Direct F1, F3, F5
transaction POWL Common Stock Sale -$67.1K -400 -0.26% $167.71 152K Jun 14, 2024 Direct F1, F3, F6
transaction POWL Common Stock Sale -$51.6K -300 -0.2% $171.90 152K Jun 14, 2024 Direct F1, F3, F7
transaction POWL Common Stock Sale -$17.3K -100 -0.07% $172.90 151K Jun 14, 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2024.
F2 The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $163.98-164.98, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote.
F3 Includes shares that have a time-based vesting provision.
F4 The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $165.00-166.00, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote.
F5 The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $166.21-166.22, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote.
F6 The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $167.40-168.01, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote.
F7 The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $171.71-172.00, inclusive. Reporting person, upon request, will provide Powell Industries, Inc. or the staff of the Securities & Exchange Commission full information regarding the number of shares sold at each price within the ranges set for in this footnote.