Joseph Gates Clark - 24 Feb 2026 Form 4 Insider Report for Penguin Solutions, Inc. (PENG)

Signature
/s/ Anne Kuykendall as attorney-in-fact for Joseph Gates Clark
Issuer symbol
PENG
Transactions as of
24 Feb 2026
Net transactions value
-$201,597
Form type
4
Filing time
25 Feb 2026, 16:16:44 UTC
Previous filing
12 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Clark Joseph Gates SVP and Pres, Optimized LED C/O PENGUIN SOLUTIONS, INC., 45800 NORTHPORT LOOP WEST, FREMONT /s/ Anne Kuykendall as attorney-in-fact for Joseph Gates Clark 25 Feb 2026 0001944970

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PENG Common Stock Sale $201,597 -10,046 -8.2% $20.07 112,272 24 Feb 2026 Direct F1, F2
* 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 This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on November 11, 2025.
F2 This transaction was executed in multiple trades at prices ranging from $20.00 to $20.21. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.