Form 4: Power Solutions International Director Gary S. Winemaster Sells Shares
SEC Form 4
Gary S. Winemaster, a director at Power Solutions International, sold a significant number of shares over three days in September 2024.
Summary
- On September 19, 2024, Gary S. Winemaster sold 6,681 shares of Power Solutions International (PSIX) at a weighted average price of $17.5706.
- On September 20, 2024, he sold 12,209 shares at a weighted average price of $17.8793.
- On September 23, 2024, he sold 40,000 shares at a weighted average price of $19.4801.
- Following these transactions, Winemaster directly owns 3,147,570 shares and indirectly owns 681 shares through his spouse.
Sentiment
Score: 4
Explanation: The sentiment is neutral to slightly negative. While the filing itself is routine, insider selling can sometimes be interpreted negatively by investors.
Industry Context
This is a standard SEC Form 4 filing, indicating insider trading activity. It's important to monitor insider transactions as they can sometimes provide insights into a company's prospects, although they can also be for personal financial reasons.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Gary S. Winemaster sold 6,681 shares of PSIX. |
| 09/20/2024 | Gary S. Winemaster sold 12,209 shares of PSIX. |
| 09/23/2024 | Gary S. Winemaster sold 40,000 shares of PSIX. |
| 09/24/2024 | Date of signature for the Form 4 filing. |
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