Arani Bose - 25 Mar 2025 Form 4 Insider Report for Penumbra Inc (PEN)

Role
Director
Signature
/s/ Johanna Roberts, as attorney-in-fact for Arani Bose
Issuer symbol
PEN
Transactions as of
25 Mar 2025
Net transactions value
-$3,405,252
Form type
4
Filing time
27 Mar 2025, 20:01:45 UTC
Previous filing
05 Mar 2025
Next filing
29 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEN Common Stock Sale $531,661 -1,888 -0.58% $281.60 324,931 25 Mar 2025 Direct F1, F2, F3
transaction PEN Common Stock Sale $800,717 -2,835 -0.87% $282.44 322,096 25 Mar 2025 Direct F1, F3, F4
transaction PEN Common Stock Sale $878,358 -3,101 -0.96% $283.25 318,995 25 Mar 2025 Direct F1, F3, F5
transaction PEN Common Stock Sale $160,914 -566 -0.18% $284.30 318,429 25 Mar 2025 Direct F1, F3, F6
transaction PEN Common Stock Sale $258,233 -905 -0.28% $285.34 317,524 25 Mar 2025 Direct F1, F3, F7
transaction PEN Common Stock Sale $530,986 -1,854 -0.58% $286.40 315,670 25 Mar 2025 Direct F1, F3, F8
transaction PEN Common Stock Sale $210,982 -735 -0.23% $287.05 314,935 25 Mar 2025 Direct F1, F3, F9
transaction PEN Common Stock Sale $33,402 -116 -0.04% $287.95 314,819 25 Mar 2025 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
F2 This transaction was executed in multiple trades at prices ranging from $280.85 to $281.84. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F3 A portion of these shares is subject to vesting.
F4 This transaction was executed in multiple trades at prices ranging from $281.85 to $282.83. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $282.85 to $283.75. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F6 This transaction was executed in multiple trades at prices ranging from $283.94 to $284.79. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F7 This transaction was executed in multiple trades at prices ranging from $284.94 to $285.76. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F8 This transaction was executed in multiple trades at prices ranging from $285.87 to $286.84. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F9 This transaction was executed in multiple trades at prices ranging from $286.88 to $287.46. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.