Power Solutions Insider Sale: 10,000 PSIX Shares Disposed
Rhea-AI Filing Summary
Frank P. Simpkins, a director of Power Solutions International, Inc. (PSIX), reported the sale of 10,000 shares of the issuer's common stock on 08/25/2025 at a weighted average price of $91.638 per share. After the reported sale, the filing shows the reporting person beneficially owned 25,000 shares directly. The filing notes the sale occurred in multiple transactions at prices ranging from $91.55 to $91.93 and offers to provide the exact allocation on request.
Positive
- Transaction transparency: Filing discloses weighted average price and explicit price range ($91.55 to $91.93).
- Post-sale ownership disclosed: Reporting person still directly beneficially owns 25,000 shares.
Negative
- Insider sale occurred: Director disposed of 10,000 shares, which investors may view as a potential negative signal depending on context.
Insights
TL;DR: Director sale of 10,000 shares reported; ownership retained at 25,000 shares, appears to be a routine disposition.
The Form 4 discloses a direct sale by a director totaling 10,000 shares at a weighted average of $91.638, leaving the director with 25,000 shares. The filing includes the required footnote describing multiple trade prices within a narrow $0.38 range and the director's offer to provide granular allocation on request. There is no indication in this filing of accelerated insider activity, planned trading program, or derivative transactions. Material details are limited to the quantity sold, price range, and post-transaction beneficial ownership.
TL;DR: Insider sale reported; transaction size and price range are disclosed, with post-sale ownership unchanged by derivatives.
The disclosure is concise: a sale date of 08/25/2025, 10,000 shares sold at a weighted average price of $91.638, price range $91.55 to $91.93, and 25,000 shares retained. No options, grants, or derivative instruments are reported on this Form 4. From an investor-disclosure perspective, this is a clear, routine Form 4 reporting a direct disposition by a director with full price-range transparency via the explanatory footnote.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $91.638 | $916K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.55 to $91.93. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What did the Form 4 for PSIX filed by Frank P. Simpkins disclose?
Does the Form 4 report any derivative transactions or option exercises for PSIX?
Was the Form 4 filed jointly or by a single reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.