Form 4: Powell Industries Executive Reports Stock Transactions
SEC Form 4 Filing
David L. Eckenrode, Assistant Secretary/Treasurer of Powell Industries, reports acquisition and disposal of company stock.
Summary
- On September 30, 2024, David L. Eckenrode disposed of 180 shares of Powell Industries common stock at a price of $221.11.
- This disposal was likely to cover tax obligations related to vesting shares.
- On October 1, 2024, Eckenrode acquired 200 shares of common stock at a price of $182.14.
- Following these transactions, Eckenrode beneficially owns 695 shares of Powell Industries stock.
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential insider sentiment and activity.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Disposal of 180 shares of common stock at $221.11. |
| 10/01/2024 | Acquisition of 200 shares of common stock at $182.14. |
| 10/02/2024 | Date of signature for the Form 4 filing. |
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