Du Zhaoying 4

What Happened
Du Zhaoying, General Counsel and Corporate Secretary of Power Solutions International, was granted 1,492 phantom units on March 6, 2026. The filing lists a $0.00 per‑unit acquisition price because these are cash‑settled derivative awards; the actual payout, when/if payable, will equal the average fair market value of PSIX common stock over the 30 trading days before each vesting date.

Key Details

• Transaction date: March 6, 2026; Form 4 filed April 17, 2026 (late filing).
• Type: Award/Grant (derivative: phantom units). Reported quantity: 1,492 phantom units; reported price: $0.00 (grant).
• Vesting: One‑third vests on each of March 6, 2027, March 6, 2028 and March 6, 2029, subject to continuous service. (See footnote F1.)
• Settlement: Cash only; phantom units do not convert to shares or voting rights. Payout equals the 30‑day average FMV prior to each vesting date.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: This Form 4 was filed after the transaction date (late). Late filings can result in SEC penalties and reduce transparency for investors.

Context
This is an equity‑linked compensation grant (phantom units), not a cash purchase or stock sale. Such awards are common for employee compensation and do not represent an immediate purchase of shares or a direct vote of confidence in the market; value realized depends on future stock prices and continued service through vesting dates.