STOCK TITAN

Power Solutions (PSIX) insider plans sale of 26,005 NASDAQ shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Power Solutions International (PSIX) reported a Form 144 notice for a proposed sale of 26,005 shares of common stock through Wells Fargo Advisors on NASDAQ, with an aggregate market value of $2,492,600. The filing lists 23,029,846 shares outstanding, so the proposed sale represents approximately 0.113% of outstanding shares.

The filing details the acquisition history for the shares to be sold, showing compensatory grants and stock appreciation right exercises dated between 2016 and 2024 (individual lots of 786; 1,167; 6,209; 1,167; 3,780; 5,725; 6,505; and 8,520). The form states there were no securities sold by the filer in the past three months and includes the signer’s representation that they do not possess undisclosed material adverse information.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine insider sale notice; size is immaterial relative to float, so limited direct market impact.

The Form 144 shows a proposed sale of 26,005 shares valued at $2,492,600 executed through a broker on NASDAQ. Relative to 23,029,846 shares outstanding, this is about 0.11%, which is immaterial to overall capitalization. The acquisition history indicates the shares were largely received via compensatory grants and SAR exercises from 2016 to 2024, consistent with executive equity compensation monetization. No sales in the prior three months are reported, reducing immediate pattern concerns. Overall, this appears to be a routine, compliance-driven disclosure rather than a signal of material corporate change.

TL;DR: Filing documents compliant disposal of equity from past compensation and SAR exercises; governance disclosure appears standard.

The schedule of acquisitions lists multiple compensatory grants and later SAR exercises, demonstrating traceable provenance of the shares being offered. The use of a broker and the Form 144 notice align with Rule 144 requirements for public sale by an affiliate. The filer’s representation that no material non-public information exists is standard language on this form. No unusual concentrations or rapid divestitures are apparent from the disclosed lot dates and sizes.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does PSIX's Form 144 disclose about the planned sale?

The filing discloses a proposed sale of 26,005 common shares through Wells Fargo Advisors on NASDAQ, with an aggregate market value of $2,492,600.

How large is the planned sale relative to PSIX's outstanding shares?

The filing lists 23,029,846 shares outstanding, so the proposed sale equals approximately 0.113% of outstanding shares.

How were the shares being sold originally acquired according to the filing?

The shares were acquired via compensatory grants and exercises of SARs between 2016 and 2024 in multiple lots (examples: 786; 1,167; 6,209; 8,520).

Did the filer report any sales of issuer securities in the past three months?

The Form 144 shows Nothing to Report under securities sold during the past three months.

Does the filer claim possession of undisclosed material information?

By signing the notice the filer represents they do not know any material adverse information about the issuer that has not been publicly disclosed.