Power Solutions (PSIX) insider sale: Simpkins reduces stake to 35,000
Rhea-AI Filing Summary
Frank P. Simpkins, a director of Power Solutions International (PSIX), reported sales of common stock on 08/12/2025. The Form 4 discloses six sale transactions totaling 5,000 shares, executed in multiple tranches with reported weighted-average prices per tranche ranging from $91.741 to $96.205 (detailed price ranges are provided in the footnotes).
Following these transactions the reporting person’s beneficial ownership is reported as 35,000 shares. No derivative transactions were reported on this Form 4, and the filing indicates it was submitted by one reporting person who is a company director.
Positive
- None.
Negative
- Director Frank P. Simpkins sold 5,000 shares of PSIX on 08/12/2025, reducing beneficial ownership to 35,000 shares
Insights
TL;DR: Director sold 5,000 PSIX shares in multiple trades at prices near $92–$96, reducing holdings to 35,000 shares.
The transactions are disclosed as six sales on 08/12/2025 with weighted-average per-tranche prices and footnote ranges. The Form 4 shows only non-derivative disposals and individual filing status. From a trading-disclosure perspective, the filing is complete in listing per-tranche weighted averages and post-transaction beneficial ownership, which allows investors to see the scale and timing of the insider sales without derivative complexity.
TL;DR: Routine director sales disclosed; no derivatives or special arrangements reported, filing appears procedural and transparent.
The reporting person is identified as a director and the Form 4 documents six separate sales on a single date. Footnotes disclose price ranges for each tranche and offer to provide per-price allocation on request, which supports transparency. The record does not show any stock-based option exercises or other related-party transactions in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 108 | $91.741 | $10K |
| Sale | Common Stock | 384 | $92.522 | $36K |
| Sale | Common Stock | 282 | $93.679 | $26K |
| Sale | Common Stock | 912 | $94.462 | $86K |
| Sale | Common Stock | 3,108 | $95.464 | $297K |
| Sale | Common Stock | 206 | $96.205 | $20K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.66 to $91.85. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.22 to $92.99. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.10 to $93.99. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.00 to $94.98. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.99. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.00 to $96.62. 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.