COPE BRETT ALAN 4

What Happened

• Brett Alan Cope, President & CEO and Director of Powell Industries (POWL), disposed of 1,480 shares on 2026-03-12 at $504.80 per share, for total proceeds of $747,104. The Form 4 lists the transaction as an open-market or private sale (code S). This was a sale (not a purchase), which is often routine for insiders.

Key Details

• Transaction date and price: 2026-03-12 — 1,480 shares @ $504.80 each.
• Total value: $747,104.
• Shares owned after transaction: Not specified in the provided Form 4 excerpt.
• Footnotes: F1 — sale effected pursuant to a Rule 10b5-1 trading plan adopted 11/26/2025; F2 — reported ownership includes shares subject to time‑based vesting.
• Filing: Form 4 filed 2026-03-16 for the 2026-03-12 trade; this filing date falls within the normal Form 4 reporting window (timely).

Context

• The sale was executed under a pre-established 10b5-1 plan, which typically allows insiders to sell shares according to a preset schedule and reduces implications about short-term intent. Sales do not necessarily indicate negative company outlook; they can be for diversification, tax, or personal-liquidity reasons.