The Penguin Solutions, Inc. (PENG) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Delaware corporation listed on Nasdaq, Penguin Solutions submits periodic and current reports that describe its financial performance, risk factors, and significant corporate events across its Advanced Computing, Integrated Memory, and Optimized LED segments.
Among the filings available are current reports on Form 8-K. For example, Penguin Solutions filed an 8-K describing the release of financial results for a fiscal period and noting that the company refers to non-GAAP financial information in its earnings materials, with reconciliations to GAAP included in the associated press release. The same 8-K also reports that the Audit Committee of the Board of Directors approved a stock repurchase authorization, allowing the company to repurchase shares of its common stock through open market purchases, privately negotiated transactions, or other methods, subject to market conditions and corporate needs.
In addition to current reports, investors can consult Penguin Solutions’ annual reports on Form 10-K and quarterly reports on Form 10-Q, which the company references in its risk factor discussions. These filings contain sections such as “Risk Factors,” “Results of Operations,” “Quantitative and Qualitative Disclosures About Market Risk,” and “Liquidity and Capital Resources,” providing detail on the company’s operations in high-performance computing, AI infrastructure, memory technologies, and LED solutions.
On Stock Titan, these filings are supplemented by AI-powered summaries that explain key points, highlight important adjustments between GAAP and non-GAAP measures, and make it easier to understand complex disclosures. Users can also review information related to corporate actions, stock repurchase authorizations, and other material events reported on Forms 8-K, as well as track how Penguin Solutions presents its financial metrics and risk disclosures over time.
Penguin Solutions, Inc. common stock: FMR LLC and Abigail P. Johnson each report beneficial ownership of 7,703,664.41 shares, or 15.0% of the class. FMR LLC reports sole voting power over 7,694,390.53 shares, while Abigail P. Johnson reports sole voting power over 0.00 shares. Both report sole dispositive power over 7,703,664.41 shares and shared voting and dispositive power of 0.00.
Penguin Solutions, Inc. (PENG) SVP and Pres, Optimized LED Joseph Gates Clark sold 1,573 shares at a weighted average price of $47.7951, 1,000 at $48.8838, 1,400 at $49.9667, 900 at $51.0290, and 900 at $51.9325 per share on November 2, 2026. The five sales totaled 5,773 shares and were made under a Rule 10b5-1 Plan adopted November 11, 2025.
Penguin Solutions, Inc. agreed to sell its Cree LED business, which comprises its Optimized LED segment, to Transom Capital Group in an all-cash transaction. Under the agreement, Transom’s affiliate Transom Crystal AcquireCo, LLC will acquire all outstanding equity of Cayman DRE Holdco, an indirect wholly owned subsidiary of Penguin. Penguin’s board approved the transaction, which is expected to close in the first calendar quarter of 2027, subject to customary closing conditions.
Penguin reaffirmed its fiscal 2027 outlook, which includes a full year of expected Cree LED results. Cree LED represents approximately 10% of projected fiscal 2027 net sales. Penguin expects to update its outlook after closing to reflect the divestiture and related financial impacts; the company said the transaction does not change its underlying expectations for growth and demand in AI infrastructure and memory.
At closing, Joseph Clark, President of Optimized LED, will cease to be an executive officer of Penguin and is expected to remain employed by the business following the transaction. Penguin said the sale will align its portfolio, resources and capital allocation priorities with opportunities in data center AI infrastructure and memory.
Penguin Solutions, Inc. (PENG) preferred stock was purchased by SHIFTIX1 LLC from Astra AI Infra LLC for $377,162,666 in cash on October 29, 2026. SHIFTIX1 directly holds 200,000 preferred shares; SK hynix Inc., HYAICO Corporation and SHIFTIX1 each report beneficial ownership of 6,096,103 common shares issuable upon conversion, which they may acquire within 60 days. The share figure was calculated as of October 29, 2026, is subject to adjustment, and represents 9.1%. SK hynix has sole power to cause voting and disposition of those shares. The 9.1% calculation used 60,616,641 common shares outstanding as of October 26, 2026, plus the conversion shares.
The preferred shares had an accumulated stated value of $200 million as of October 29, 2026, an initial conversion price of $32.80784 per common share, and cumulative dividends of 6% per annum. Dividends are payable quarterly in kind or cash at Penguin Solutions' option, subject to conditions. The investor agreement permits nomination of one director, or two if the board has 12 or more members, while the holders and affiliates together meet the 5.0% ownership threshold. It also provides participation, registration, information and debt-consent rights, alongside standstill and board-recommendation voting commitments.
Penguin Solutions, Inc. officer Joseph Clark reported a proposed sale of 5,773 common shares, with an aggregate market value of $299,791.89 and an approximate sale date of November 2, 2026. The shares are listed as acquired from the issuer through Performance Stock Units on September 25, 2026. The past-three-months sales section lists a sale of 869 common shares on October 23, 2026, for $44,770.88 under the heading “10b5-1 Sales for Joseph Clark.”
Penguin Solutions, Inc. (PENG) reports that Astra AI Infra LLC sold all 200,000 shares of the company’s Convertible Preferred Stock to SHIFTIX1 LLC in a privately negotiated transaction on October 29, 2026. The aggregate purchase price was $377,162,666, or $1,885.81 per share.
Astra is wholly owned by SK Telecom Co., Ltd.; the preferred stock was held directly by Astra and indirectly by SK Telecom. After the sale, both reporting persons ceased to beneficially own any securities of Penguin Solutions.
Penguin Solutions, Inc. (PENG) was the issuer of 200,000 Preferred Shares sold by Astra AI Infra LLC to SHIFTIX1 LLC on October 29, 2026, for an aggregate Purchase Price of $377,162,666, or $1,885.81 per Preferred Share. The purchaser is an indirectly wholly owned subsidiary of SK hynix NAND Product Solutions Corp., which is majority-owned by SK hynix Inc.
After closing, Astra and SK Telecom Co., Ltd. no longer beneficially owned any Penguin Solutions securities or had voting or dispositive power over its Common Stock or Preferred Shares. Astra assigned its related Investor Agreement rights and obligations to SHIFTIX1, which joined as an Investor; SK hynix NAND Product Solutions Corp. received rights expressly granted to SK Telecom under that agreement.
Penguin Solutions, Inc. (PENG) SVP and Chief Revenue Officer Anthony George Frey sold 3,131 shares of common stock at a weighted average price of $58.6362 per share and 1,500 shares at $59.4814 per share on October 29, 2026. Both sales were made under a Rule 10b5-1 plan adopted July 30, 2026. The transactions involved multiple trades at $58.150–$59.145 and $59.200–$59.790, respectively.
Vanguard Portfolio Management reported beneficial ownership of 2,994,044 Penguin Solutions, Inc. (PENG) common shares, equal to 5.84% of the class, as of September 30, 2026. The ownership comment attributes the reported securities to Vanguard Portfolio Management LLC and specified affiliates and business divisions, including Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. Sole voting power covered 46,346 shares, and sole dispositive power covered 2,994,044 shares; shared voting and dispositive power were each reported as zero.
Penguin Solutions, Inc. (PENG) officer Anthony Frey reported a proposed sale of 4,631 common shares, with an aggregate market value of $281,564.80 and an approximate sale date of October 29, 2026, through Morgan Stanley Smith Barney LLC; NASDAQ is listed as the exchange. The shares are listed as acquired from the issuer on October 20, 2026, through restricted stock units.