[144/A] POWER SOLUTIONS INTERNATIONAL, INC. SEC Filing
Power Solutions International (PSIX) filed a Form 144/A reporting a proposed sale of 6,000 common shares through Raymond James & Associates, with an aggregate market value of $600,000.00. The filing lists the approximate sale date as 09/18/2025 and notes 23,029,846 shares outstanding. The shares were acquired on 05/23/2011 by conversion of preferred stock and the filer reports owning 19,000 such shares from that acquisition. The notice also discloses a prior sale on 09/08/2025 of 7,000 shares generating $627,614.05 in gross proceeds.
- Complete sale details provided including broker, number of shares, aggregate market value, approximate sale date, and exchange
- Acquisition history disclosed showing the shares were acquired via preferred stock conversion on 05/23/2011
- Prior recent sale disclosed (7,000 shares on 09/08/2025 for $627,614.05), improving transparency
- No issuer-specific operational or financial information is included in the filing
- Filer identity and relationship to issuer are not explicitly stated in the provided excerpt
- No trading plan adoption date is shown, so it is unclear whether sales are under a Rule 10b5-1 plan
Insights
TL;DR: Routine Form 144/A disclosing proposed sale of a modest block of PSIX common shares; no earnings or operational details included.
The filing documents a proposed sale of 6,000 common shares valued at $600,000 through Raymond James, following a recent sale of 7,000 shares that produced $627,614.05. The shares were originally acquired via preferred stock conversion on 05/23/2011 (19,000 shares from that conversion). Given the issuer's outstanding share count of 23,029,846, the disclosed sales represent a small fractional transfer and do not by themselves convey operational or financial performance information.
TL;DR: Disclosure meets Rule 144 reporting requirements; statement affirms no undisclosed material information by the seller.
The notice includes the mandatory representation that the selling person is not aware of undisclosed material adverse information and references the Rule 10b5-1 trading plan language. The filing identifies the broker, sale timing, acquisition method (preferred stock conversion), and prior recent sale. From a governance and compliance perspective, the form provides required transparency on insider or large-holder disposition activity but contains no additional context about the seller's role or any trading plan dates.