Form 4: Power Solutions International Director Gary Winemaster Sells Shares
SEC Form 4 Filing
Gary Winemaster, a director at Power Solutions International, sold a portion of his holdings in two transactions on September 24 and 25, 2024.
Summary
- On September 24, 2024, Gary Winemaster sold 7,370 shares of Power Solutions International (PSIX) common stock at a weighted average price of $20.0317.
- Following this transaction, Winemaster directly owned 3,140,200 shares.
- On September 25, 2024, Winemaster sold an additional 3,906 shares at a weighted average price of $20.0206.
- After the second transaction, Winemaster directly owned 3,136,294 shares.
- Winemaster also indirectly owns 681 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a neutral sentiment as it simply reports transactions.
Industry Context
This is a routine disclosure of insider trading activity and doesn't necessarily indicate a broader trend within the industry.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the relatively small number of shares sold may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Gary Winemaster sold 7,370 shares of PSIX at a weighted average price of $20.0317. |
| 09/25/2024 | Gary Winemaster sold 3,906 shares of PSIX at a weighted average price of $20.0206. |
| 09/26/2024 | Date of signature for the Form 4 filing. |
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