STOCK TITAN

Weichai Affiliates Disclose Six PSIX Dispositions Totaling 51,426 Shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Weichai-affiliated reporting persons (Weichai America Corp., Weichai Power Co., Ltd., and Shandong Heavy Industry Group Co., Ltd.) disclosed multiple broker-dealer sales of Power Solutions International, Inc. (PSIX) common stock on 08/25/2025 under Rule 144. The Form 4 shows six separate disposition entries totaling 51,426 shares sold at weighted-average prices ranging from about $88.53 to $93.37. Following these transactions the reporting group beneficially owned 10,810,199 shares (indirect ownership). The report was filed jointly and includes powers of attorney referenced by exhibit.

Positive

  • None.

Negative

  • Aggregate insider dispositions of 51,426 shares occurred on 08/25/2025
  • Weighted-average sale prices ranged up to approximately $93.37, indicating multiple transactions over a price range

Insights

TL;DR: Large, orderly Rule 144 dispositions of 51,426 PSIX shares by a >10% owner; quantity is notable but ownership remains sizable.

The Form 4 documents six Rule 144 broker-dealer sales on 08/25/2025 aggregating 51,426 shares at weighted-average prices between roughly $88.53 and $93.37. These sales were conducted pursuant to Rule 144 and reported jointly by three affiliated reporting persons, with Weichai America Corp. as the direct owner sharing voting and dispositive power. After the transactions the reporting group retained 10,810,199 shares on an indirect basis. The disclosure is routine for affiliated holders using Rule 144; it provides clear pricing ranges and confirms ongoing indirect control.

TL;DR: Insider sales were disclosed appropriately under Section 16; governance control remains with the reporting group.

The filing confirms compliance with Section 16 reporting and notes broker-dealer sales under Rule 144. The report is filed jointly by three related entities and signed by authorized representatives, and it references existing powers of attorney (Exhibits 24.1 and 24.2). No individual has beneficial ownership separate from the Reporting Persons, and the filing provides required weighted-average price ranges and willingness to supply transactional detail on request. This is a standard, compliant disclosure of affiliated dispositions.

Insider Weichai America Corp., Weichai Power Co., Ltd., Shandong Heavy Industry Group Co., Ltd.
Role 10% Owner | 10% Owner | 10% Owner
Sold 51,426 shs ($4.68M)
Type Security Shares Price Value
Sale Common Stock 6,948 $88.7819 $617K
Sale Common Stock 8,102 $89.4774 $725K
Sale Common Stock 9,003 $90.3798 $814K
Sale Common Stock 12,283 $91.6265 $1.13M
Sale Common Stock 11,395 $92.5584 $1.05M
Sale Common Stock 3,695 $93.1755 $344K
Holdings After Transaction: Common Stock — 10,854,677 shares (Indirect, See Explanation of Responses)
Footnotes (1)
  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 $88.525 to $88.9982, 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 $89.00 to $89.995, 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 $90.95, 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 $91.01 to $91.9886, 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 $92.0053 to $92.985, 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 $93.00 to $93.365, 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.
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
Estimated average burden
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*
Weichai America Corp.

(Last) (First) (Middle)
3100 GOLF ROAD

(Street)
ROLLING MEADOWS IL 60008

(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 X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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 08/25/2025 S(1) 6,948 D $88.7819(2) 10,854,677 I See Explanation of Responses(8)
Common Stock 08/25/2025 S(1) 8,102 D $89.4774(3) 10,846,575 I See Explanation of Responses(8)
Common Stock 08/25/2025 S(1) 9,003 D $90.3798(4) 10,837,572 I See Explanation of Responses(8)
Common Stock 08/25/2025 S(1) 12,283 D $91.6265(5) 10,825,289 I See Explanation of Responses(8)
Common Stock 08/25/2025 S(1) 11,395 D $92.5584(6) 10,813,894 I See Explanation of Responses(8)
Common Stock 08/25/2025 S(1) 3,695 D $93.1755(7) 10,810,199 I See Explanation of Responses(8)
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
1. Name and Address of Reporting Person*
Weichai America Corp.

(Last) (First) (Middle)
3100 GOLF ROAD

(Street)
ROLLING MEADOWS IL 60008

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Weichai Power Co., Ltd.

(Last) (First) (Middle)
SECTION A 197, FU SHOU EAST STREET
HIGH-TECH INDUSTRIAL DEV. ZONE

(Street)
WEIFANG, SHANDONG PROVINCE F4 261061

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Shandong Heavy Industry Group Co., Ltd.

(Last) (First) (Middle)
#40-1 YANZI SHAN WEST ROAD

(Street)
JINAN, SHANDONG PROVINCE F4 250014

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. These transactions occurred pursuant to broker-dealer sales conducted in accordance with Rule 144 under the Securities Act of 1933, as amended.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.525 to $88.9982, 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.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.00 to $89.995, 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.
4. 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 $90.95, 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.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.01 to $91.9886, 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.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.0053 to $92.985, 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.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.00 to $93.365, 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.
8. 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.
Remarks:
Exhibit List: Exhibit 24.1 - Power of Attorney (Weichai Power Co., Ltd.), incorporated by reference to Exhibit 24.1 to the Form 4 filed by Reporting Persons with the Securities and Exchange Commission on August 14, 2025 Exhibit 24.2 - Power of Attorney (Shandong Heavy Industry Group Co., Ltd.), incorporated by reference to Exhibit 24.2 to the Form 4 filed by Reporting Persons with the Securities and Exchange Commission on August 14, 2025
/s/ Jinguang Liu (aka Jin Liu), Chief Financial Officer, Weichai America Corp. 08/27/2025
/s/ Chenglong Sun, Authorized Representative, Weichai Power Co., Ltd. 08/27/2025
/s/ Chenglong Sun, Authorized Representative, Shandong Heavy Industry Group Co., Ltd. 08/27/2025
** 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 transactions did the Weichai reporting group disclose for PSIX?

They disclosed six broker-dealer Rule 144 sales on 08/25/2025 totaling 51,426 shares of PSIX common stock.

At what prices were the PSIX shares sold in the Form 4?

The Form 4 reports weighted-average prices across transactions ranging approximately from $88.53 to $93.37.

How many PSIX shares do the reporting persons beneficially own after these sales?

Following the reported transactions the reporting group beneficially owned 10,810,199 shares on an indirect basis.

Who filed the Form 4 for these PSIX transactions?

The Form 4 was filed jointly by Weichai America Corp., Weichai Power Co., Ltd. and Shandong Heavy Industry Group Co., Ltd. and signed by authorized representatives.

Were the sales conducted under a trading plan or Rule 144?

The transactions are reported as broker-dealer sales conducted in accordance with Rule 144 under the Securities Act.