Kashif Shaikh - 02 Feb 2026 Form 4 Insider Report for Penguin Solutions, Inc. (PENG)

Reporting relationship: President and CEO, Director
Issuer ticker: PENG
Reported as of: 02 Feb 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 04 Feb 2026, 19:31:33 UTC
Source filing: View source filing
Reporting owner signature: /s/ Anne Kuykendall as attorney-in-fact for Kashif Shaikh

Key filing fact

Kashif Shaikh filed Form 4 for Penguin Solutions, Inc. (PENG) on 04 Feb 2026.

Key facts

This page summarizes Kashif Shaikh's Form 4 filing for Penguin Solutions, Inc. (PENG).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 04 Feb 2026, 19:31.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

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 0002108723 Primary reporting owner

Shaikh Kashif

Relationship: President and CEO, Director
Address: C/O PENGUIN SOLUTIONS, INC., 45800 NORTHPORT LOOP WEST, FREMONT
Signature: /s/ Anne Kuykendall as attorney-in-fact for Kashif Shaikh
Signature date: 04 Feb 2026

Reported non-derivative transactions

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

PENG transaction

Common Stock

Award

Transaction value: $0
Shares: +238,188
Change %
Price: $0.000000
Shares after: 238,188
Date: 02 Feb 2026
Ownership: Direct
Footnotes: F1

PENG transaction

Common Stock

Award

Transaction value: $0
Shares: +137,898
Change %: +58%
Price: $0.000000
Shares after: 376,086
Date: 02 Feb 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

PENG transaction Derivative

Performance-Based Restricted Stock Units

Award

Transaction value: $0
Shares: +238,188
Change %
Price: $0.000000
Shares after: 238,188
Date: 02 Feb 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 238,188
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents time-based restricted stock units ("RSUs") that will vest as to 25% on April 20, 2027, with the remainder vesting quarterly thereafter in 12 equal installments, subject to the recipient's continued service through each applicable vesting date.

Footnote F2

Grant of performance-based RSUs ("PSUs") which represents the contingent right to receive a number of shares of the Issuer's common stock that is between 0% and 200% of the number of PSUs, with a four-year performance period beginning on the grant date and vesting upon certification by the Compensation Committee of the Issuer's Board of Directors that the 30-trading-day average closing price of the Issuer's common stock has equaled or exceeded stock price appreciation targets of 25%, 50%, 75%, and 100% above the 30-trading-day trailing average closing price of the Issuer's common stock preceding the grant date, with cumulative vesting at each level of 50%, 100%, 150%, and 200% of the number of PSUs, respectively. No PSUs will vest before the first regularly scheduled Compensation Committee meeting on or after the second anniversary of the grant date, and vesting is subject to the recipient's continued service through the applicable achievement certification date.