Form 4: Powell Industries Executive Vice President Michael Metcalf Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President Michael Metcalf reports the disposition and acquisition of Powell Industries Inc. common stock.
Summary
- On September 30, 2024, Michael Metcalf disposed of 3,600 shares of Powell Industries Inc. common stock at a price of $221.11.
- Following this transaction, Metcalf directly owns 29,500 shares of common stock.
- On October 1, 2024, Metcalf acquired 900 shares of common stock at a price of $182.14.
- Following this acquisition, Metcalf directly owns 30,400 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the executive's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Disposition of 3,600 shares of common stock at $221.11. |
| 10/01/2024 | Acquisition of 900 shares of common stock at $182.14. |
| 10/02/2024 | Date of signature for the report. |
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