He Hong sells power solutions (PSIX) shares worth $225k

Director He Hong of Power Solutions International (NASDAQ:PSIX), a $1.87 billion market cap company, sold 2,500 shares of common stock on August 13, 2025, at a price of $90.026, totaling $225,065. The sale comes amid a recent 18.5% weekly decline in the stock price, though InvestingPro analysis shows the company maintains a GREAT financial health score.

Following the transaction, He Hong directly owns 26,250 shares of Power Solutions International. The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission. Despite the insider sale, the stock has delivered an impressive 459% return over the past year. InvestingPro subscribers can access 8 additional key insights about PSIX’s valuation and growth prospects.

In other recent news, Power Solutions International has secured a $135 million credit facility through an amended agreement with Standard Chartered Bank. This development extends the company’s borrowing capacity and is set to last until July 30, 2027. Additionally, Power Solutions International has fully repaid its previous borrowings under the Shareholder’s Loan Agreement with Weichai America Corp. In governance updates, Kenneth W. Landini resigned from the board of directors and the audit committee, citing concerns over board practices and management compensation. The board has reviewed his resignation letter and disagreed with his allegations. Furthermore, Power Solutions International is expected to join the Russell 3000®, Russell 2000®, and Russell Microcap® indexes after a preliminary announcement from FTSE Russell, with final inclusion slated for June 30, 2025. The company was also recently added to the MSCI US Small Cap Index on May 30. These developments highlight significant changes in Power Solutions International’s financial and governance landscape.

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