secwatch.observer — SEC 8-K summary
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Issuer:     POWER SOLUTIONS INTERNATIONAL, INC. (PSIX)
CIK:        0001137091
Form:       8-K
Filed at:   2026-07-27T20:08:11+00:00
Accession:  0001193125-26-318071
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power Solutions International appoints Richard Hu as CEO, effective August 17, 2026
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- Nan (Richard) Hu appointed CEO effective Aug 17, 2026; succeeds interim CEO Xun (Kenneth) Li who remains CFO.
- Hu brings 25+ years global leadership; most recently VP & GM Americas at BorgWarner's Turbo & Thermal Technology unit.
- Employment terms: $658K base salary, 70% target bonus, $540.5K sign-on cash, $1.13M phantom stock grant.
- Board approved $10K/month cash compensation for Li for interim CEO service from May 12, 2026 to start date.
- Annual meeting: all 7 director nominees elected, BDO ratified as auditor, say-on-pay approved, frequency set to 1 year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137091/000119312526318071/0001193125-26-318071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137091/000119312526318071/d138423d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-318071

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