Form 4: Power Solutions International Director Sells Shares

Sentiment:

SEC Form 4 Filing


Gary S. Winemaster, a director at Power Solutions International, sold 4,918 shares of common stock at a price of $25.21 per share on October 17, 2024.

Summary

  • On October 17, 2024, Gary S. Winemaster, a director of Power Solutions International, Inc. (PSIX), sold 4,918 shares of common stock.
  • The transaction was executed at a price of $25.21 per share.
  • Following the transaction, Winemaster directly owns 3,100,308 shares of common stock and indirectly owns 681 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a share sale by a company director. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.

Industry Context

Form 4 filings are a routine part of insider trading disclosures, providing transparency into the buying and selling activities of company insiders. This allows investors to gain insights into management's perspective on the company's stock.

Key Dates

DateDescription
10/17/2024Date of the transaction: Gary S. Winemaster sold shares of Power Solutions International, Inc.
10/29/2024Date of signature on the Form 4 filing.

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