[144] Penumbra Inc SEC Filing

Rhea-AI Filing Summary

Form 144 notice for Penumbra, Inc. (PEN) reporting proposed sale of common stock. The filing shows 1,800 shares to be sold through J.P. Morgan Securities LLC with an aggregate market value of 455,796, and the approximate sale date listed as 10/01/2025 on the NYSE. The shares were acquired on 12/28/2022 by option exercise and paid in cash. The filer recorded prior sales in the past three months: 600 shares on 08/11/2025 for 143,361.60 and 600 shares on 09/02/2025 for 162,345.63. The filing includes a representation that the seller does not possess undisclosed material adverse information.

Positive

• Transparent disclosure of intended sale including broker, share count, and acquisition details
• Includes recent sales history with gross proceeds, supporting compliance with Rule 144 aggregation requirements
• Seller attests they have no undisclosed material adverse information, aligning with regulatory expectations

Negative

• Insider selling activity (1,800 shares planned plus 1,200 shares sold in the prior two months) could be perceived negatively by some investors

Insights

Financial Analyst

TL;DR Routine insider sale of 1,800 shares disclosed; prior partial sales occurred in August and September 2025.

The Form 144 documents an intended market sale rather than an extraordinary corporate event. The shares were acquired via option exercise on 12/28/2022, indicating these are previously vested holdings being liquidated through a broker. Aggregate market value reported is 455,796, which relative to total shares outstanding of 38,999,129 is immaterial to company capitalization. For investors, this filing primarily signals insider liquidity rather than operational or financial change.

Compliance/Risk Analyst

TL;DR Filing appears compliant with Rule 144 disclosure requirements and includes recent sales history and acquisition details.

The notice provides required details: acquisition date, method (option exercise), purchase payment, broker name and address, and recent sales with gross proceeds. The seller attests to no undisclosed material adverse information. From a compliance perspective, the filing is complete enough to satisfy public disclosure norms for an intended sale; no material regulatory issues are evident from the content provided.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 390 Madison Avenue 6th Floor New York NY 10017	1800	455796	38999129	10/01/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	12/28/2022	Option Exercise	Issuer			1800	12/28/2022	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Johanna Roberts C/o Penumbra, Inc. One Penumbra Place Alameda CA 94502	Common	08/11/2025	600	143361.6
Johanna Roberts C/o Penumbra, Inc. One Penumbra Place Alameda CA 94502	Common	09/02/2025	600	162345.63

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for PEN disclose?

The filing discloses a proposed sale of 1,800 shares of Penumbra common stock through J.P. Morgan on 10/01/2025 with an aggregate market value of 455,796.

When and how were the shares being sold acquired?

The shares were acquired on 12/28/2022 by option exercise and payment was made in cash on the acquisition date.

Has the seller sold any PEN shares recently?

Yes. The seller sold 600 shares on 08/11/2025 for 143,361.60 and 600 shares on 09/02/2025 for 162,345.63.

Through which broker will the proposed sale be executed?

The proposed sale is to be executed through J.P. Morgan Securities LLC at 390 Madison Avenue, New York, NY.

Does the filing indicate any undisclosed material information?

The filer represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.