Power Solutions International, Inc. filings document Nasdaq-listed common stock and Form 8-K disclosures for an operating company focused on emission-certified engines and power systems. Recent records include Regulation FD releases for quarterly and annual financial results, business outlook commentary, and a completed acquisition adding fabricated steel components, switchgear subbases, electrical enclosure assemblies and fuel tanks for power generation products.
The company’s material-event filings also record governance and compensation matters, including officer appointments, board and committee changes, stockholder-designee directors and a cash-settled phantom unit plan tied to the market value of common stock. These disclosures frame capital structure, executive-compensation obligations, public communications and risk statements around PSI’s manufacturing and power-systems business.
Power Solutions International, Inc. (PSIX) entered into a $220 million committed revolving credit agreement on September 25, 2026, with a $70 million letter-of-credit sublimit and a September 25, 2029 maturity. PSIX borrowed $35.0 million at closing; part of the proceeds repaid approximately $15.1 million of obligations under its prior facility, which was terminated, and the remainder is available for working capital and general corporate purposes.
The prior facility provided for borrowings of up to $135 million. SOFR borrowings under the new agreement carry Term SOFR plus 1.80% per year, compared with SOFR plus 2.60% under the prior facility. PSIX’s subsidiaries guarantee the obligations, which are secured by substantially all of the company’s and guarantors’ personal property, including subsidiary equity and intellectual property. Quarterly covenants require an interest coverage ratio of at least 3.00 to 1.00 and a leverage ratio no greater than 3.00 to 1.00.
Hu Nan (Richard) reported acquisition or exercise transactions in this Form 4 filing.
POWER SOLUTIONS INTERNATIONAL, INC. reported that Chief Executive Officer Hu Nan (Richard) received a grant of 5,867 Phantom Stock units on August 17, 2026. Each unit is an unfunded, unsecured right to a cash payment based on the average Fair Market Value of the company’s common stock over the 30 trading days before vesting. One-third of the units vest on each of August 17, 2027, August 17, 2028, and August 17, 2029, subject to his continuous service. The units are settled in cash only and do not provide any common shares or voting rights.
POWER SOLUTIONS INTERNATIONAL, INC. reported that Hu Nan (Richard), its Chief Executive Officer, filed an initial statement of beneficial ownership of securities as a reporting person. The filing lists no equity transactions or derivative positions and references a Power of Attorney authorizing the filing.
Point72 Asset Management, L.P., Point72 Capital Advisors, Inc., and Steven A. Cohen report beneficial ownership of common stock of Power Solutions International, Inc. (PSIX) on an amended Schedule 13G. As of the close of business on June 30, 2026, the reporting group is deemed to beneficially own 1,497,155 shares of common stock, representing 6.5% of the outstanding class. The shares are held by Point72 Associates, LLC, for which Point72 Asset Management has investment and voting power under an investment management agreement. The reporting persons have shared voting and dispositive power over these shares and report no sole voting or dispositive power. They state that the filing should not be construed as an admission that any reporting person is a beneficial owner for purposes of Section 13 of the Exchange Act. Point72 Associates has the right to receive dividends and proceeds from sales relating to more than 5% of the outstanding shares.
Power Solutions International, Inc. reported second‑quarter 2026 net sales of $152.5 million, down 21% from the prior‑year quarter, and net income of $16.9 million versus $51.2 million, with diluted EPS of $0.73. Gross margin was 27.1% compared with 28.2% a year earlier, but improved about 420 basis points sequentially.
Sales declines were led by the power systems end market due to uneven data‑center order and shipment timing and softer oil and gas demand, with smaller decreases in industrial and transportation. Operating expenses fell, driven mainly by lower selling, general and administrative costs, supporting operating income of $23.9 million.
Cash and cash equivalents were $70.1 million and total debt $72.6 million as of June 30, 2026. Net cash provided by operating activities was $56,594 thousand, enabling a $30.8 million reduction in total debt during the quarter, largely on the revolving credit facility. The January 2026 acquisition of MTL Manufacturing & Equipment contributed positively to net income and expanded in‑house manufacturing capabilities.
Management expects second‑half 2026 sales to exceed first‑half 2026 and be approximately in line with second‑half 2025 as larger Power Systems orders move into production, while emphasizing that results remain sensitive to customer scheduling, supply‑chain factors, continued oil and gas softness and elevated Wisconsin ramp‑up costs. No formal full‑year guidance is provided.
Power Solutions International, Inc. appointed Nan (Richard) Hu, age 52, as Chief Executive Officer effective August 17, 2026. Interim CEO Xun (Kenneth) Li will cease serving as interim chief executive on that date and continue as Chief Financial Officer.
Hu’s employment agreement provides an annual base salary of $658,000, an annual cash bonus targeted at 70% of base salary (up to 140%), long-term cash and phantom stock incentives beginning in 2027, a cash sign-on bonus of $540,500, and a sign-on phantom stock grant valued at $1,129,326. He is eligible for severance of 12 months’ salary, a pro rata bonus, and COBRA subsidies if terminated without Cause or resigning for Good Reason, with enhanced cash severance in a Change in Control scenario.
At the 2026 Annual Meeting, holders of 23,050,450 shares were entitled to vote. Stockholders elected all director nominees, ratified BDO USA, P.C. as auditor, approved named executive officer compensation on an advisory basis, and recommended holding future say-on-pay votes annually, a frequency the Board has adopted.
Power Solutions International, Inc. is asking stockholders to vote at its virtual 2026 annual meeting on July 23, 2026. The proxy covers election of seven directors, ratification of BDO USA, P.C. as auditor, an advisory vote on executive pay, and how often to hold future pay votes.
The company notes it is a Nasdaq “controlled company” because Weichai holds about 46% of the common stock and, together with founder voting agreements, more than 50% of voting power for director elections. 2025 incentive pay for executives was driven by strong performance versus internal goals, with revenue of $704.7 million, pre-tax income of $103.4 million, net income of $113.987 million, and company KPI metrics earned at about 288.6% of target. Former CEO C. (Dino) Xykis received total 2025 compensation of $2.43 million, while CFO and current interim CEO Xun (Kenneth) Li received $1.30 million.
Power Solutions International, Inc. Schedule 13G: Point72 affiliates report beneficial ownership of 1,155,764 shares of common stock, representing 5.0% of the class as of May 21, 2026. The holdings are attributed to Point72 Associates and reported by Point72 Asset Management, Point72 Capital Advisors, Inc., and Steven A. Cohen under a Joint Filing Agreement. The filing states the reported interest reflects shared voting and dispositive power and that the reporting persons directly own no shares. The position is reported for disclosure under Rule 13d-1(k).
Power Solutions International, Inc. announced that Constantine “Dino” Xykis resigned as Chief Executive Officer and from all other positions on May 12, 2026. He had served as CEO since April 24, 2023.
Under a Resignation Agreement, Xykis will receive his previously earned 2025 Key Performance Indicator bonus of $945,611.91 and the remaining portion of his 2025 Long-Term Incentive bonus of $312,462.09, both approved by the Board’s Compensation Committee. He will also receive cash settlement for the full deemed exercise of 28,334 vested stock appreciation rights and partial reimbursement of COBRA health premiums for up to twelve months, subject to standard conditions and a general release of claims.
The Board appointed Chief Financial Officer Xun (“Kenneth”) Li as Interim Chief Executive Officer, while he continues as CFO. Li will initially keep his existing CFO compensation, and the Board’s Nominating and Corporate Governance Committee is continuing its search for a permanent CEO.