PENG (NASDAQ: PENG) Joseph Clark reports several 10b5-1 sales

Rhea-AI Filing Summary

PENG affiliate reported proposed and recent sales of Common Stock by Joseph Clark. The filing lists planned sales of Performance Stock Units and multiple 10b5-1 sales completed in 04/09/2026, 04/16/2026, 04/23/2026, 04/24/2026, 05/05/2026, and 05/08/2026 with individual share and dollar amounts shown in the filing.

Insights

Corporate Governance Analyst

Routine affiliate dispositions under a 10b5-1 plan, as reported by Joseph Clark.

The filing lists multiple executed 10b5-1 sales of Common Stock by Joseph Clark on specific dates with per‑trade share counts and gross proceeds. These are transactional disclosures required for affiliate sales; the entries show completed transactions rather than new company actions.

Cash‑flow treatment and any planned future sales are described by the per‑trade rows; subsequent filings may report additional transactions or formal offer notices if further sales occur.

Key Figures

Sale on 04/09/2026: 12,546 shares Proceeds 04/09/2026: $282,882.74 Sale on 04/16/2026: 5,000 shares +4 more

7 metrics

Sale on 04/09/2026 12,546 shares Securities Sold During The Past 3 Months

Proceeds 04/09/2026 $282,882.74 Gross proceeds for 12,546 shares on 04/09/2026

Sale on 04/16/2026 5,000 shares Securities Sold During The Past 3 Months

Proceeds 04/16/2026 $134,100.00 Gross proceeds for 5,000 shares on 04/16/2026

Sale on 05/08/2026 5,000 shares Securities Sold During The Past 3 Months

Proceeds 05/08/2026 $199,950.00 Gross proceeds for 5,000 shares on 05/08/2026

Performance Stock Units listed 10/14/2025 date Securities To Be Sold entry for Performance Stock Units

Key Terms

Form 144, 10b5-1, Performance Stock Units

3 terms

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

10b5-1 regulatory

"10b5-1 Sales for JOSEPH CLARK"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Performance Stock Units financial

"Securities To Be Sold | Performance Stock Units"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

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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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	10351	577896.33	50747508	06/01/2026	NASDAQ

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	10/14/2025	Performance Stock Units	Issuer			10351	10/14/2025	N/A

* 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
10b5-1 Sales for JOSEPH CLARK 45800 Northport Loop West Fremont CA 94538	Common	05/08/2026	5000	199950.00
10b5-1 Sales for JOSEPH CLARK 45800 Northport Loop West Fremont CA 94538	Common	05/05/2026	5000	173750.00
10b5-1 Sales for JOSEPH CLARK 45800 Northport Loop West Fremont CA 94538	Common	04/24/2026	5000	148750.00
10b5-1 Sales for JOSEPH CLARK 45800 Northport Loop West Fremont CA 94538	Common	04/23/2026	1485	41015.70
10b5-1 Sales for JOSEPH CLARK 45800 Northport Loop West Fremont CA 94538	Common	04/16/2026	5000	134100.00
10b5-1 Sales for JOSEPH CLARK 45800 Northport Loop West Fremont CA 94538	Common	04/09/2026	12546	282882.74

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 for PENG report?

The Form 144 reports proposed and recent sales of Common Stock by Joseph Clark under Performance Stock Units and 10b5-1 arrangements. The filing lists specific sale dates, share counts, and gross proceeds for each transaction.

How many shares did Joseph Clark sell on 04/09/2026 per the filing?

The filing shows a sale of 12,546 shares on 04/09/2026 with gross proceeds of $282,882.74. This entry appears in the "Securities Sold During The Past 3 Months" section.

Are the sales in the filing executed under a trading plan?

Yes. The filing identifies the transactions as 10b5-1 sales for Joseph Clark, indicating execution under a prearranged trading plan as disclosed in the entries.

Does the Form 144 state planned future sales or reserved amounts?

The filing lists "Securities To Be Sold" as Performance Stock Units dated 10/14/2025 and shows executed 10b5-1 sales; no aggregate future offering total is stated in the provided excerpt.

What cash amounts are shown for recent sales in the filing?

Examples include gross proceeds of $282,882.74 (04/09/2026), $134,100.00 (04/16/2026), and $199,950.00 (05/08/2026). Each trade row lists the corresponding dollar value.