Power Solutions (PSIX) CEO Disposes 7,854 Shares for ~$717K
Rhea-AI Filing Summary
Power Solutions International insider sale: CEO Constantine Xykis reported a sale of 7,854 shares of Power Solutions International (PSIX) on 09/09/2025. The filing shows the shares were sold at an average price of $91.313, with individual trades in a range from $91.10 to $91.84, implying aggregate proceeds of roughly $717,000. After the reported disposition, the filing lists 0 shares as beneficially owned following the transaction. The Form 4 is signed and dated 09/11/2025, and includes a footnote disclosing the per-trade price range and an offer to provide detailed per-trade quantities on request.
Positive
- Timely and complete disclosure of the insider sale including signature and footnote explaining the price range
- Footnote commitment to provide per-trade quantities supports transparency for investors and regulators
Negative
- Insider disposition of 7,854 shares by the CEO, which yielded roughly $717,000 in proceeds
- Post-transaction beneficial ownership reported as 0, indicating no direct holdings reported on this Form 4
Insights
TL;DR: CEO sold 7,854 shares at ~ $91.31, generating roughly $717k; filing is timely and discloses per-trade price range.
This Form 4 shows a straightforward, reported open-market disposition by the company's CEO. The filing is compliant with Section 16 disclosure rules and includes a footnote clarifying that the reported price is an average from multiple trades priced between $91.10 and $91.84. The disclosed post-transaction beneficial ownership of 0 shares indicates no remaining direct holdings reported on this form. For investors, an insider sale of this size is a data point but, by itself, does not establish company performance or intent.
TL;DR: The CEO's sale appears properly documented; disclosure of per-trade ranges supports transparency.
The report reflects adherence to disclosure requirements: the transaction date, aggregate average price, price range footnote, signature and filing date are provided. The offer to supply specifics on quantities at each price enhances transparency for regulators and shareholders. Absent additional context (e.g., planned 10b5-1 plan or reasons for sale), this is a routine insider disposition rather than a material governance event.