Penumbra Inc (PEN) EVP & General Counsel reports 1,800-share sale under 10b5-1 plan

Rhea-AI Filing Summary

Penumbra Inc. executive reports small stock sale under trading plan

Penumbra Inc.'s EVP, General Counsel & Secretary, Johanna Roberts, reported selling 1,800 shares of the company's common stock on 11/25/2025. The sale was made under a pre-arranged Rule 10b5-1 trading plan, which is designed to allow insiders to trade shares according to a set schedule. The weighted average sale price was $300.06 per share, with individual trades executed between $300.00 and $300.54.

After this transaction, Roberts beneficially owns 64,736 shares of Penumbra common stock, and a portion of these shares remains subject to vesting, meaning they will be earned over time based on continued service or other conditions.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Roberts Johanna

(Last) (First) (Middle)

ONE PENUMBRA PLACE

(Street)

ALAMEDA CA 94502

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Gen. Counsel & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
11/25/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/25/2025		S(1)		1,800	D	$300.06(2)	64,736(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.

2. This transaction was executed in multiple trades at prices ranging from $300.00 to $300.54. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected.

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

Remarks:

	/s/ Emma J. Purdy, as attorney-in-fact for Johanna Roberts	11/26/2025
	** 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 4 (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 insider transaction did Penumbra Inc (PEN) report for Johanna Roberts?

Johanna Roberts, EVP, General Counsel & Secretary of Penumbra Inc, reported selling 1,800 shares of Penumbra common stock on 11/25/2025.

At what price were the Penumbra Inc (PEN) shares sold in this Form 4?

The transaction was executed in multiple trades at prices ranging from $300.00 to $300.54 per share. The Form 4 reports a weighted average sale price of $300.06 per share.

How many Penumbra Inc (PEN) shares does Johanna Roberts own after the reported sale?

Following the reported sale, Johanna Roberts beneficially owns 64,736 shares of Penumbra common stock, with a portion of these shares subject to vesting.

Was the Penumbra Inc (PEN) insider sale made under a Rule 10b5-1 trading plan?

Yes. The Form 4 states that the sales were effected pursuant to Johanna Roberts' Rule 10b5-1 trading plan, which pre-schedules trades for insiders.

What role does Johanna Roberts hold at Penumbra Inc (PEN)?

Johanna Roberts is identified as an officer of Penumbra Inc, serving as EVP, General Counsel & Secretary.

Does the Form 4 mention vesting conditions for Johanna Roberts' Penumbra (PEN) shares?

Yes. The filing explains that a portion of the reported beneficially owned shares is subject to vesting, meaning they may be earned over time based on conditions.