secwatch.observer — SEC 8-K summary
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Issuer:     POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
CIK:        0001137091
Form:       8-K
Filed at:   2021-12-13T23:59:59+00:00
Accession:  0001193125-21-355377
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Power Solutions International appoints two new directors from majority stockholder Weichai; Mozzi named Chairman
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- Fabrizio Mozzi and Lei Lei appointed to board effective Dec 7, 2021, replacing Walter Wu and Xinghao Li (both resigned).
- Mozzi named Chairman of the Board; Shaojun Sun becomes Vice Chairman and Chair of Nominating and Governance Committee.
- Lei appointed Chair of the Compensation Committee.
- Mozzi to receive annual 5,000 RSUs, $75,000 retainer (incl. Chairman fee) plus meeting fees.
- Lei to receive $50,000 annual retainer plus meeting fees; both indemnified under DGCL.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137091/000119312521355377/0001193125-21-355377-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137091/000119312521355377/d180963d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-355377

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