McKertcher Terry B

VP Operations sold 3,000 shares (3.0K) for $1,672,313.00; reduces holdings 40.4%; stock up 54.7% in 90 days.

McKertcher Terry B, Vice President of Operations, executed 4 separate sales on 2026-02-06 totaling 3,000 shares for $1,672,313.00 at a blended average price of $557.44, reducing his holdings from 7,433 to 4,433 shares (a 40.4% reduction). The stock has appreciated significantly post-transaction, rising 54.7% over the prior 90 days and currently trading at $187.30 (near its 52-week high of $194.74), indicating the sales preceded a strong rally rather than a decline. His prior two sales at Powell Industries (both on 2025-12-08) showed 30-day returns of -65.2%, suggesting a pattern of selling into weakness; however, 90-day outcomes for those trades are not yet measurable, leaving the longer-term timing pattern unclear. The company fundamentals remain solid with revenue of $251,184,000.00, net income of $41,390,000.00, annual revenue growth of +9.1%, and a P/E of 12.14, providing no evident distress signal that would rationalize an urgent liquidation.

VP Operations McKertcher sells 2,100 shares at avg $340.64; current price $114.29

McKertcher Terry B, Vice President of Operations, executed 2 separate sales totaling 2,100 shares for $715,340.98 at a blended average price of $340.64 on 2025-12-08. The current market price of $114.29 is 66.4% below the transaction prices, indicating the sale occurred when the stock traded significantly higher. The sale reduced his holdings by 22.0%, from 9,533 to 7,433 shares. With the company reporting strong fundamentals—annual revenue growth of 9.1%, a P/E of 6.70, and net income of $48,234,000.00—the transaction occurred in a period when the stock has declined 6.2% over 30 days and 16.0% from its 52-week high, despite 23.8% appreciation over 90 days. The material gap between transaction price and current price warrants examination of whether this sale may have captured value before a sustained market repricing.