[Form 3] Penumbra Inc Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

PEN Form 3: Shruthi Narayan reported ownership of 19,085 shares of Penumbra Inc common stock, filed as an initial SEC Form 3 reporting a relationship as President and officer. The filing notes that a portion of the shares are subject to vesting. The Form 3 was executed by an attorney-in-fact and dated 09/16/2025 for an event on 09/01/2025, with a remark that the filing was late due to administrative oversight.

Positive

• Initial insider disclosure: Reporting of beneficial ownership for an officer (President) totaling 19,085 common shares
• Vesting transparency: Filing explicitly notes that a portion of the shares are subject to vesting

Negative

• Late filing: Form indicates it was filed late (executed 09/16/2025 for a 09/01/2025 event) due to administrative oversight
• No derivative holdings disclosed: Table II is empty, indicating no options or other derivative securities reported

Insights

Corporate Governance Expert

TL;DR: Routine officer disclosure, with a late filing noted; no new material transactions disclosed.

The Form 3 documents initial beneficial ownership for an officer (President) showing 19,085 shares held directly, with a vesting caveat. This is a standard Section 16 reporting event required for insiders. The late filing is flagged as administrative; while procedurally important, it does not itself indicate a change to corporate control or material corporate events. Investors should view this as routine insider ownership disclosure.

Securities Compliance Analyst

TL;DR: Compliance filing completed but tardy; ownership amount and vesting are clearly disclosed.

The schedule provides the issuer, reporting person, title, and the precise share count (19,085 shares reported directly). It also discloses that some shares remain subject to vesting, which affects immediate-transferability. The admitted late submission is a compliance lapse; no derivative holdings or transactions are reported, and no other material metrics appear in the document.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Narayan Shruthi

(Last) (First) (Middle)

ONE PENUMBRA PLACE

(Street)

ALAMEDA CA 94502

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2025

3. Issuer Name and Ticker or Trading Symbol
Penumbra Inc [ PEN ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	19,085(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. A portion of these shares is subject to vesting.

Remarks:

This form is being filed late due to administrative oversight.

	/s/ Johanna Roberts, as attorney-in-fact for Shruthi Narayan	09/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Penumbra (PEN) Form 3 filed by Shruthi Narayan report?

The Form 3 reports 19,085 shares of Penumbra Inc common stock beneficially owned by Shruthi Narayan, filed as an initial officer disclosure.

Was the Form 3 for PEN filed on time?

No. The form states it was filed late; the event date is 09/01/2025 and the filing is dated 09/16/2025, citing administrative oversight.

Are any of the reported PEN shares subject to restrictions?

Yes. The filing explicitly notes that a portion of the 19,085 shares is subject to vesting.

Did the Form 3 disclose any options, warrants, or other derivative securities?

No. Table II for derivative securities contains no entries; no derivative holdings were reported.

Who signed the Form 3 for Shruthi Narayan?

The form is signed by Johanna Roberts, as attorney-in-fact for Shruthi Narayan, dated 09/16/2025.