Brett A. Cope - Sep 13, 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
Sep 13, 2024
Transactions value $
-$467,524
Form type
4
Date filed
9/17/2024, 04:19 PM
Previous filing
Aug 9, 2024
Next filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWL Common Stock Sale -$90.3K -537 -0.37% $168.16 145K Sep 13, 2024 Direct F1, F2, F3
transaction POWL Common Stock Sale -$115K -675 -0.46% $169.76 145K Sep 13, 2024 Direct F1, F3, F4
transaction POWL Common Stock Sale -$183K -1.08K -0.74% $170.43 144K Sep 13, 2024 Direct F1, F3, F5
transaction POWL Common Stock Sale -$79.3K -462 -0.32% $171.54 143K Sep 13, 2024 Direct F1, F3, F6
* 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 $167.76-168.71, 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 $169.01-169.99, 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 $170.05-171.01, 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.
F6 The price reported in Column 4 is an average price; shares were sold in multiple transactions. Reporting range is $171.19-171.91, 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.