STOCK TITAN

Power Solutions (PSIX) Files Form 144 for 2,500-Share Sale on NASDAQ

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

Rhea-AI Filing Summary

Power Solutions International (PSIX) filed a Form 144 indicating a proposed sale of 2,500 common shares through Morgan Stanley Smith Barney LLC on NASDAQ, with an approximate sale date of 08/13/2025. The filing lists an aggregate market value of $225,065.75 and shows 23,029,846 shares outstanding for the issuer, with the 2,500 shares identified for sale.

The shares were acquired on 07/10/2024 as restricted stock vesting under a registered plan and recorded as compensation. The filer reports no securities sold in the past three months for the account and makes the standard representation that they are not aware of undisclosed material adverse information about the issuer.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Form 144 reports a small, compensation-related sale of 2,500 PSIX shares; disclosure appears routine and compliance-focused.

The notice documents a proposed sale of 2,500 common shares via Morgan Stanley with an aggregate market value of $225,065.75. The shares were acquired through restricted stock vesting on 07/10/2024 and recorded as compensation. Given the reported 23,029,846 shares outstanding and the statement of no sales in the prior three months, this filing reads as a routine insider liquidity event rather than a material corporate development. The inclusion of the standard representation about material non-public information indicates the filer is attesting to compliance with disclosure requirements.

TL;DR: Filing documents a planned sale tied to vested equity; it raises standard governance and compliance considerations but shows no red flags.

The Form 144 shows the securities were acquired from the issuer under a registered plan and are being sold through an institutional broker on the exchange. The filing discloses the acquisition method (restricted stock vesting) and payment nature (compensation), which supports transparency about insider compensation monetization. There are no reported prior sales in the last three months and no stated material undisclosed information, so the disclosure meets routine governance expectations without indicating material adverse events.

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 the PSIX Form 144 disclose?

The filing discloses a proposed sale of 2,500 common shares via Morgan Stanley Smith Barney LLC on NASDAQ, with aggregate value $225,065.75 and planned sale date 08/13/2025.

How and when were the shares acquired for the PSIX Form 144 filing?

The 2,500 shares were acquired on 07/10/2024 through restricted stock vesting under a registered plan and were recorded as compensation.

Does the PSIX filer report any securities sold in the past three months?

No. The filing states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

What broker and exchange are listed in the PSIX Form 144?

The broker listed is Morgan Stanley Smith Barney LLC, 1 New York Plaza, 8th Floor, New York, NY 10004, and the exchange is NASDAQ.

Does the filer make any statement about material non-public information?

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