Penguin Solutions officer plans $510K share sale

The three-month sales history lists 4,000 common shares sold on August 24, 2026.

Rhea-AI Filing Summary

Anne Kuykendall, an officer of Penguin Solutions, Inc., reported an intended sale of 8,738 common shares, with an aggregate market value of $510,124.44 and an approximate sale date of October 22, 2026. Morgan Stanley Smith Barney LLC is listed as the broker, and NASDAQ as the exchange. A Rule 10b5-1 plan adoption or modification date is listed as November 11, 2025.

Key Figures

Common shares to be sold: 8,738 shares Aggregate market value: $510,124.44 Approximate sale date: October 22, 2026 +4 more

7 metrics

Common shares to be sold 8,738 shares Proposed sale

Aggregate market value $510,124.44 Proposed sale

Approximate sale date October 22, 2026 Proposed sale

Common shares outstanding 60,241,423 shares Number outstanding in the securities-to-be-sold table

Common shares sold 4,000 shares Three-month sales history; August 24, 2026

Common shares associated with restricted stock units 738 shares Listed securities to be sold; October 20, 2026

Common shares associated with performance stock units 8,000 shares Listed securities to be sold; October 14, 2025

Key Terms

Restricted Stock Units, Performance Stock Units, 10b5-1 Sales

3 terms

Restricted Stock Units financial

"738 Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Performance Stock Units financial

"8,000 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.

10b5-1 Sales regulatory

"10b5-1 Sales for ANNE KUYKENDALL"

10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PENG shares does Anne Kuykendall intend to sell?

Anne Kuykendall, an officer of Penguin Solutions, is listed as intending to sell 8,738 common shares, with an aggregate market value of $510,124.44 and an approximate sale date of October 22, 2026.

How many PENG shares did Anne Kuykendall sell in the prior three months?

The three-month sales history lists Anne Kuykendall's sale of 4,000 common shares on August 24, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/22/2026 - 04:26 PM EDT Accepted by SEC EDGAR 10/22/2026 - 04:25 PM EDT Learn about SEC filing dates

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	0001855880
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	PENGUIN SOLUTIONS, INC.
SEC File Number	001-38102
Address of Issuer	45800 Northport Loop West Fremont CALIFORNIA 94538
Phone	5106231231
Name of Person for Whose Account the Securities are To Be Sold	ANNE KUYKENDALL
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	Officer

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	8738	510124.44	60241423	10/22/2026	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	10/20/2026	Restricted Stock Units	Issuer			738	10/20/2026	N/A
Common	10/14/2025	Performance Stock Units	Issuer			8000	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 ANNE KUYKENDALL 45800 Northport Loop West Fremont CA 94538	Common	08/24/2026	4000	202301.20

144: Remarks and Signature

Remarks
Date of Notice	10/22/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	11/11/2025
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	/s/ Anne Kuykendall
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)