Penumbra (PEN) insider Harpreet Grewal plans NYSE sale of 100 shares
Rhea-AI Filing Summary
Penumbra insider Harpreet Grewal has filed a notice to sell company stock under Rule 144. The notice covers 100 shares of Penumbra common stock to be sold through Fidelity Brokerage Services on the NYSE, with an approximate sale date of 12/02/2025. The stock was originally acquired on 03/26/2006 in a private purchase from Penumbra for cash.
The filing also lists recent sales by the same seller over the prior three months: 186 shares of common stock on 09/02/2025 for gross proceeds of 50,627.34, another 186 shares on 10/02/2025 for 46,241.46, and 186 shares on 11/04/2025 for 42,329.88. Penumbra had 38,999,129 shares of common stock outstanding at the time indicated, which provides context for the scale of these transactions.
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FAQ
What does the Form 144 filing for Penumbra (PEN) disclose?
The Form 144 discloses that Harpreet Grewal intends to sell 100 shares of Penumbra, Inc. common stock on the NYSE through Fidelity Brokerage Services LLC, with an approximate sale date of 12/02/2025.
How many Penumbra (PEN) shares did the insider recently sell before this notice?
Over the past three months, the seller completed three transactions of 186 shares of Penumbra common stock each, on 09/02/2025, 10/02/2025, and 11/04/2025, for gross proceeds of 50,627.34, 46,241.46, and 42,329.88, respectively.
When and how were the Penumbra (PEN) shares now being sold originally acquired?
The 100 shares covered by the notice were acquired on 03/26/2006 in a private purchase from Penumbra, Inc., with the purchase price paid in cash on the same date.
What is the aggregate market value of the Penumbra (PEN) shares to be sold under this Form 144?
The filing reports an aggregate market value of 29,298.00 for the 100 shares of Penumbra common stock covered by the planned sale.
How many Penumbra (PEN) shares were outstanding at the time referenced in the Form 144?
The notice states that there were 38,999,129 shares of Penumbra common stock outstanding, which serves as a baseline figure relative to the shares being sold.
Who is the broker for the planned Penumbra (PEN) stock sale disclosed in the Form 144?
The planned sale of 100 shares of Penumbra common stock will be executed through Fidelity Brokerage Services LLC, located at 245 Summer Street, Boston, MA 02110, with the shares to be sold on the NYSE.