Key Points
The sale involved 2,250 shares at $203.05 per share.
The sale was executed under a Rule 10b5-1 trading plan established on April 6, 2026.
Following this transaction, the direct stock position is valued at nearly $8 million as of the Aug. 14, 2026, market close.
Richard E. Williams, Director at Powell Industries (NASDAQ:POWL), sold 2,250 shares of common stock on Aug. 14, 2026, according to an SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $457,000 |
| Shares sold | 2,250 |
| Post-transaction shares (directly held) | 37,380 |
| Post-transaction value | $8 million |
Transaction value based on SEC Form 4 weighted average sale price ($203.05); post-transaction value based on Aug. 14, 2026, market close ($213.48).
Key questions
- What was the nature of this transaction?
The sale was a programmed disposal conducted via a Rule 10b5-1 trading plan. These plans allow insiders to schedule future stock sales to avoid concerns regarding material non-public information. This specific plan was adopted approximately four months before the execution date. - How does this impact the insider's total equity exposure?
Williams maintains a direct ownership interest of 37,380 shares after this transaction. The reported holdings include shares subject to time-based vesting provisions, ensuring continued alignment with the firm's equity performance. - What is the company snapshot?
Powell Industries, headquartered in Houston, operates in the Industrials sector within the Electrical Equipment & Parts industry. It designs and manufactures customized electrical systems for the distribution and control of electrical energy, reporting TTM revenue of $1.2 billion and net income of $190.9 million. - How has the stock performed?
As of this writing, the stock has delivered a one-year total return of 110%. The transaction price of $203.05 was 4.8% below the market close price of $213.48 on the date of execution.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-14) | $213.48 |
| Market Capitalization | $7 billion |
| Revenue (TTM) | $1.2 billion |
| Net Income (TTM) | $190.9 million |
Company Snapshot
- Powell Industries designs, manufactures, and sells customized electrical apparatus and systems, including integrated power control room substations, modular components, electrical enclosures, and medium-voltage circuit breakers that enable efficient distribution, regulation, and oversight of electrical energy.
- The company generates revenue through the comprehensive design, development, manufacturing, and maintenance of tailored electrical solutions for customers requiring specialized power management and distribution infrastructure.
- Powell Industries serves utilities, industrial facilities, and infrastructure operators that require advanced electrical equipment and systems for reliable energy distribution and management across their operations.
Powell Industries operates is a specialized manufacturer of customized electrical apparatus and systems, with a market capitalization of $7 billion and TTM revenue of $1.2 billion. The company maintains a competitive advantage through its engineering expertise in designing bespoke power control solutions and its established relationships with utility and industrial customers requiring mission-critical electrical infrastructure. With 3,143 employees and headquarters in Houston, Powell Industries has demonstrated strong financial performance, generating net income of $190.9 million on TTM revenue while maintaining its position as a leading provider of electrical equipment and power management systems.
What this transaction means for investors
Sometimes, sales can look routine for executives from a company. But for this transaction with Williams in particular, it was already pre-established, so this is not something that should cause alarm for shareholders. Only 2,250 shares were sold, and Williams still maintains 37,380 shares. This also follows a strong stock price run-up for the company, with Powell's shares climbing 110% over the last 12 months. In comparison, during the same period, the S&P 500 has climbed 19%.
The company is benefiting from the new demand on traditional grids driven by data centers, allowing Powell to capitalize on its custom electric power control stations and other solutions. In the second quarter of 2026, Powell reported $297 million in revenue, a 6% increase from the prior-year period. It also reported gross profit of $88 million, an increase of 5%. Its new orders were also impressive, totaling $490 million, which was a 97% increase. Of seven analysts who cover the stock, the median one-year price target for Powell Industries is $310, representing a 61.2% gain from today's price. The highest price target from those analysts is $427, while the lowest is $235, which is still higher than Powell Industries' current trading price.
Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.