[144] POWER SOLUTIONS INTERNATIONAL, INC. SEC Filing
Form 144 filing for Power Solutions International, Inc. (PSIX). The filer notifies a proposed sale of 3,500 common shares through Raymond James on 09/29/2025, with an aggregate market value of $371,000 and 23,029,846 shares outstanding. The securities were acquired on 07/10/2018 via a preferred stock conversion (5,000 shares acquired). The filing also reports prior sales by the same person in the past three months: 7,000 shares on 09/08/2025 for $627,614.05 and 6,000 shares on 09/23/2025 for $597,954.05. The filer certifies no undisclosed material adverse information and includes the standard signature and legal notice.
- Filed under Rule 144 showing compliance with SEC resale reporting requirements
- Broker-dealer specified (Raymond James) and proposed sale date provided (09/29/2025)
- Insider sales in past three months total 13,000 shares (7,000 on 09/08/2025 for $627,614.05 and 6,000 on 09/23/2025 for $597,954.05)
- Proposed sale adds further insider selling (3,500 shares, $371,000), which may be viewed negatively by some investors
Insights
TL;DR: Insider is selling a modest block of shares; recent activity shows additional sales in September totaling 13,000 shares.
The Form 144 documents a registered proposed sale of 3,500 common shares (aggregate value $371,000) to be executed on 09/29/2025 via Raymond James. The filing discloses that the shares were originally received in 2018 through preferred stock conversion. Recent reported sales by the same individual total 13,000 shares across 09/08/2025 and 09/23/2025 with combined gross proceeds of $1,225,568.10. From a capital-markets perspective, these are officer/insider transactions that are material to disclosure rules but represent a small percentage of total shares outstanding (3,500 vs. 23,029,846). The filing is procedural and consistent with Rule 144 requirements.
TL;DR: Multiple recent insider sales are disclosed; this raises governance and signaling considerations but is not conclusive on its own.
The notice confirms compliance with Rule 144 reporting for an intended 3,500-share sale and documents prior reported sales of 13,000 shares in September. The shares being sold were acquired via preferred stock conversion in 2018, indicating longevity of ownership before these dispositions. While the transactions are properly disclosed and the filer asserts no undisclosed material information, multiple sales within a short window warrant attention from governance watchers assessing insider liquidity and potential messaging to the market. The filing contains required attestations and broker details (Raymond James).