Jack A. Pacheco - 20 Jul 2025 Form 4 Insider Report for Penguin Solutions, Inc. (PENG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Jul 2025, 16:27:55 UTC
Prior SEC filing
22 Apr 2025
Next SEC filing
16 Oct 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Anne Kuykendall as attorney-in-fact for Jack A. Pacheco

Key filing fact

Jack A. Pacheco filed Form 4 for Penguin Solutions, Inc. (PENG) on 22 Jul 2025.

Key facts

  • This page summarizes Jack A. Pacheco's Form 4 filing for Penguin Solutions, Inc. (PENG).
  • 7 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 22 Jul 2025, 16:27.

Change

  • Previous filing in this sequence was filed on 22 Apr 2025.
  • Current net transaction value: -$950,125.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001344018 Primary reporting owner

Pacheco Jack A

Relationship
EVP, COO, Pres, Integrated Mem
Address
C/O PENGUIN SOLUTIONS, INC., 1390 MCCARTHY BOULEVARD, MILPITAS
Signature
/s/ Anne Kuykendall as attorney-in-fact for Jack A. Pacheco
Signature date
22 Jul 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PENG transaction

Common Stock

Tax liability

Transaction value
$52,720
Shares
-2,158
Change %
-0.94%
Price
$24.43
Shares after
227,231
Date
20 Jul 2025
Ownership
Direct
Footnotes
F1
PENG transaction

Common Stock

Options Exercise

Transaction value
$31,695
Shares
+3,447
Change %
+1.5%
Price
$9.20
Shares after
230,678
Date
21 Jul 2025
Ownership
Direct
PENG transaction

Common Stock

Sale

Transaction value
$85,608
Shares
-3,447
Change %
-1.5%
Price
$24.84
Shares after
227,231
Date
21 Jul 2025
Ownership
Direct
Footnotes
F2, F3
PENG transaction

Common Stock

Options Exercise

Transaction value
$646,500
Shares
+60,000
Change %
+26%
Price
$10.78
Shares after
287,231
Date
21 Jul 2025
Ownership
Direct
PENG transaction

Common Stock

Sale

Transaction value
$1,489,992
Shares
-60,000
Change %
-21%
Price
$24.83
Shares after
227,231
Date
21 Jul 2025
Ownership
Direct
Footnotes
F2, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PENG transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-3,447
Change %
-100%
Price
$0.000000
Shares after
0
Date
21 Jul 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,447
Exercise price
$9.20
Footnotes
F5
PENG transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-60,000
Change %
-100%
Price
$0.000000
Shares after
0
Date
21 Jul 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
60,000
Exercise price
$10.78
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote F1

Reflects shares surrendered to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units. No shares were sold.

Footnote F2

This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on April 21, 2025.

Footnote F3

This transaction was executed in multiple trades at prices ranging from $24.33 to $25.14. 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.

Footnote F4

This transaction was executed in multiple trades at prices ranging from $24.25 to $25.13. 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.

Footnote F5

This option is fully vested and exercisable.

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