secwatch.observer — SEC 8-K summary
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Issuer:     POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
CIK:        0001137091
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001193125-25-106337
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power Solutions International General Counsel Lehner Departs; Separation Package $407K
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- General Counsel Randall Lehner and PSI mutually agree to terminate employment; separation effective 4/24/25.
- Lehner receives $407,326 total consideration: $350K salary, $19.2K car allowance, $38.1K additional, plus COBRA.
- Payments: 26 bi-weekly installments of $7,833.19 plus a lump sum of $203,662.91, less withholdings.
- Lehner agrees to 12-month non-compete, non-solicitation, confidentiality, and non-disparagement covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137091/000119312525106337/0001193125-25-106337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137091/000119312525106337/d98452d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-106337

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer