Power Solutions International board approves 2026 Phantom Unit Plan with cash-settled awards tied to stock value

Reuters03-11

Power Solutions International board approves 2026 Phantom Unit Plan with cash-settled awards tied to stock value

Power Solutions International’s board approved the 2026 Phantom Unit Plan on March 6, 2026, providing cash-settled Phantom Units tied to the company’s common stock. Each Phantom Unit pays an amount equal to the 30-trading-day average fair market value per share immediately before the applicable vesting date. Awards vest in three equal annual installments, and settlement is made as a lump-sum cash payment within 60 days after each vesting date. Full acceleration applies on death or disability, and in certain change-in-control termination scenarios within 24 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Power Solutions International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-100834), on March 11, 2026, and is solely responsible for the information contained therein.

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