Form 4: Gary S. Winemaster Reports Sale of Power Solutions International Shares
SEC Form 4 Filing
Gary S. Winemaster, a director of Power Solutions International, sold 3,906 shares of common stock at $12.88 per share on July 29, 2024.
Summary
- On July 29, 2024, Gary S. Winemaster, a director of Power Solutions International, sold 3,906 shares of common stock.
- The sale price was $12.88 per share.
- Following the transaction, Winemaster directly owns 3,228,697 shares of common stock.
- Winemaster also indirectly owns 681 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of transaction: Gary S. Winemaster sold shares of Power Solutions International. |
| 07/31/2024 | Date of signature on the Form 4 filing. |
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