Power Solutions International (PSIX) CFO reports 7,500 SAR exercise

Rhea-AI Filing Summary

Power Solutions International, Inc. CFO Li Xun reported equity compensation transactions involving stock appreciation rights and common stock. On February 12, 2026, Li exercised 7,500 stock appreciation rights, receiving 7,500 shares of common stock. Of these, 3,429 shares were withheld to cover the exercise price and related tax obligations, resulting in a net 4,071 shares issued. After these transactions, Li directly held 4,592 shares of common stock and 7,500 stock appreciation rights.

Insider Trade Summary

7,500 shares exercised/converted

Mixed 3 txns

Insider Li Xun

Role CFO

Type	Security	Shares	Price	Value
Exercise	Stock Appreciation Rights	7,500	$0.00	--
Exercise	Common Stock	7,500	$2.00	$15K
Tax Withholding	Common Stock	3,429	$92.72	$318K

Holdings After Transaction: Stock Appreciation Rights — 7,500 shares (Direct); Common Stock — 8,021 shares (Direct)

Footnotes (1)

1. The reporting person received 4,071 shares of common stock upon the net exercise of 7,500 stock appreciation rights ("SARs"). A total of 3,429 shares of common stock underlying such SARs were withheld in payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise. The SAR vests and becomes exercisable on September 2, 2026.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Li Xun

(Last) (First) (Middle)

C/O 201 MITTEL DRIVE

(Street)

WOOD DALE IL 60191

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
POWER SOLUTIONS INTERNATIONAL, INC. [ PSIX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/12/2026		M		7,500	A	$2	8,021	D
Common Stock	02/12/2026		F		3,429(1)	D	$92.72	4,592	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Rights	$2	02/12/2026		M			7,500	(2)	09/02/2032	Common Stock	7,500	$0.00	7,500	D

Explanation of Responses:

1. The reporting person received 4,071 shares of common stock upon the net exercise of 7,500 stock appreciation rights ("SARs"). A total of 3,429 shares of common stock underlying such SARs were withheld in payment of the exercise price and to satisfy the withholding tax obligation resulting from the exercise.

2. The SAR vests and becomes exercisable on September 2, 2026.

	/s/ Xun Li	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PSIX CFO Li Xun report on February 12, 2026?

Li Xun reported exercising 7,500 stock appreciation rights, receiving 7,500 PSIX common shares. Of these, 3,429 shares were withheld to cover the exercise price and tax obligations, leaving a net 4,071 shares issued to the CFO.

How many PSIX shares did the CFO hold after the reported Form 4 transactions?

After the transactions, CFO Li Xun directly owned 4,592 PSIX common shares. The filing also shows continued direct ownership of 7,500 stock appreciation rights, reflecting both the equity received and the shares withheld for taxes and exercise costs.

What does the tax-withholding transaction code F mean in the PSIX Form 4?

Transaction code F indicates a tax-withholding disposition. For PSIX, 3,429 common shares were withheld and disposed of to pay the exercise price and satisfy withholding taxes related to the exercise of 7,500 stock appreciation rights by the CFO.

Did the PSIX CFO buy or sell shares on the open market in this Form 4?

The filing shows no open-market buy or sell. Instead, it reports an exercise of 7,500 stock appreciation rights and a related tax-withholding disposition of 3,429 shares, both classified as equity compensation and tax settlement transactions, not market purchases or sales.

What derivative securities are reported for the PSIX CFO in this Form 4?

The Form 4 lists stock appreciation rights (SARs) as the derivative security. Li Xun exercised 7,500 SARs into common stock and, following the reported transactions, continued to hold 7,500 SARs directly, according to the derivative securities table.

Who is the insider involved in the PSIX Form 4 filing and what is their role?

The insider is Li Xun, who serves as Chief Financial Officer (CFO) of Power Solutions International, Inc. The Form 4 reports Li’s direct ownership changes in PSIX common stock and stock appreciation rights related to equity compensation.