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Weichai-controlled Power Solutions (NASDAQ: PSIX) details pay, ownership and plans
Power Solutions International (PSIX) has filed an amended annual report (10-K/A) detailing its 2025 governance, executive compensation, ownership structure, and related-party transactions, notably with its controlling shareholder, Weichai. The report indicates that Weichai owns approximately 46% of PSIX’s common stock, qualifying PSIX as a Nasdaq “controlled company,” and reveals significant over-performance against its 2025 Key Performance Indicator (KPI) plan. The document also outlines executive pay, with CEO C. (Dino) Xykis receiving over $2.4 million in total compensation for 2025, and introduces a new 2026 Phantom Unit Plan.