Weichai Joint Form 4: 87,210 PSIX Shares Sold, 10.86M Held
Rhea-AI Filing Summary
Weichai America Corp., together with Weichai Power Co., Ltd. and Shandong Heavy Industry Group Co., Ltd., reported multiple open-market sales of Power Solutions International, Inc. (PSIX) common stock on 08/22/2025 under Rule 144. The filing lists 11 separate sales ranging individually from 1,665 to 19,228 shares at weighted average prices between approximately $81.19 and $91.768. The aggregate number of shares reported sold in these lines is 87,210. After these transactions the Reporting Persons beneficially own 10,861,625 shares, held indirectly through Weichai America Corp., with shared voting and disposition power among the Reporting Persons.
Positive
- None.
Negative
- Large open-market dispositions: Reporting Persons sold a total of 87,210 shares of PSIX on 08/22/2025.
- Decreasing indirect stake disclosure: After the sales, the Reporting Persons report beneficial ownership of 10,861,625 shares, indicating a sizeable but reduced indirect position.
Insights
TL;DR: Significant open-market dispositions totaling 87,210 shares by related reporting entities, leaving them with 10,861,625 shares.
The Form 4 documents coordinated broker-dealer sales on 08/22/2025 executed pursuant to Rule 144. Eleven separate sale lines show weighted-average prices rising from about $81.57 to $91.20, with underlying per-line price ranges disclosed in footnotes. The filing confirms indirect ownership through Weichai America Corp. and shared control among the three Reporting Persons. This is a factual disclosure of disposition activity; no derivative transactions or acquisitions are reported.
TL;DR: Joint filing shows shared voting/disposition power and multiple Rule 144 sales; beneficial ownership remains material at over 10.8 million shares.
The report is jointly filed by three affiliated entities and includes explanatory footnotes providing price ranges for each weighted-average sale price. It states that Weichai America Corp. is the direct owner and that no individual has beneficial ownership of these shares. Exhibits reference previously filed powers of attorney. The filing is procedural and documents compliance with Section 16 reporting requirements for insider transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,308 | $81.5738 | $270K |
| Sale | Common Stock | 3,720 | $82.4472 | $307K |
| Sale | Common Stock | 3,921 | $83.596 | $328K |
| Sale | Common Stock | 1,665 | $84.7368 | $141K |
| Sale | Common Stock | 4,521 | $85.3955 | $386K |
| Sale | Common Stock | 3,979 | $86.3401 | $344K |
| Sale | Common Stock | 12,294 | $87.5674 | $1.08M |
| Sale | Common Stock | 9,988 | $88.4558 | $883K |
| Sale | Common Stock | 11,263 | $89.5211 | $1.01M |
| Sale | Common Stock | 19,228 | $90.5185 | $1.74M |
| Sale | Common Stock | 13,323 | $91.2035 | $1.22M |
Footnotes (1)
- These transactions occurred pursuant to broker-dealer sales conducted in accordance with Rule 144 under the Securities Act of 1933, as amended. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.19 to $81.945, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.005 to $82.92, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.01 to $83.9734, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.06 to $84.9999, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.97, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.00 to $86.9972, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.00 to $87.9999, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.00 to $88.9942, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.0055 to $89.9985, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.00 to $90.9996, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.00 to $91.768, inclusive. The Reporting Persons (as defined below) undertake 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 of Common Stock sold at each separate price within the range set forth in this footnote. This report is filed jointly by Weichai America Corp., Weichai Power Co., Ltd. and Shandong Heavy Industry Group Co., Ltd. (collectively, the "Reporting Persons"). Weichai America Corp. is the direct owner of the Common Stock referenced in this report and shares the power to vote and the power to dispose of all of such shares of Common Stock with the other Reporting Persons. No individual has beneficial ownership over the Common Stock beneficially owned by the Reporting Persons.