Powell Industries (NASDAQ:POWL) CEO Brett Alan Cope Sells 4,440 Shares
MarketBeat
Powell Industries, Inc. (NASDAQ:POWL - Get Free Report) CEO Brett Alan Cope sold 4,440 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $301.00, for a total value of $1,336,440.00. Following the completion of the transaction, the chief executive officer directly owned 490,113 shares of the company's stock, valued at $147,524,013. This trade represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
NASDAQ:POWL