Form 4: Power Solutions International Director Sells Shares
SEC Form 4 Filing
Gary S. Winemaster, a director at Power Solutions International, sold 15,181 shares of common stock on January 14, 2025.
Summary
- Gary S. Winemaster, a director at Power Solutions International, sold 15,181 shares of common stock on January 14, 2025.
- The shares were sold at a weighted average price of $37.0509, with individual transactions ranging from $37.00 to $37.21.
- Following the transaction, Mr. Winemaster directly owns 2,999,102 shares of common stock.
- He also indirectly owns 681 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a director, with no inherent positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders when they trade company stock. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The sale by Gary S. Winemaster is similar to other insider transactions reported by directors and officers of public companies.
- The price range of $37.00 to $37.21 is typical for market transactions of this type.
Stakeholder Impact
- The sale of shares by a director may have a minor impact on shareholder sentiment, but is a normal part of market activity.
Key Dates
| Date | Description |
|---|---|
| 01/14/2025 | Date of the stock sale transaction. |
| 01/17/2025 | Date the Form 4 was signed. |
Keywords
Power Solutions International, PSIX, insider trading, stock sale, Gary S. Winemaster, Form 4, director
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