Insider Sells 8,000 Shares under 10b5-1; PENG (NASDAQ: PENG)

Rhea-AI Filing Summary

PENG reported proposed and recent officer/insider sales via a Form 144, listing 8,738 Restricted Stock Units granted 04/20/2022 and two completed 10b5-1 sales of Common stock: $70,980.80 on 03/16/2026 (4,000 shares) and $83,203.20 on 02/25/2026 (4,000 shares).

The filing lists Morgan Stanley Smith Barney LLC as broker-dealer. The record shows the securities type as Common and identifies the transactions as 10b5-1 plan sales.

Insights

Securities Compliance Attorney

Routine Form 144 notice showing 10b5-1 plan sales and RSU holdings.

The excerpt documents two completed 10b5-1 sales of 4,000 shares each on 02/25/2026 and 03/16/2026

These entries align with disclosure requirements for officers or affiliates proposing or effecting sales; cash-flow treatment and aggregate post-transaction holdings are not stated in the excerpt.

Key Figures

10b5-1 sale: 4,000 shares Proceeds: $83,203.20 10b5-1 sale: 4,000 shares +2 more

5 metrics

10b5-1 sale 4,000 shares Sale on <date>02/25/2026</date>

Proceeds <money>$83,203.20</money> Payment recorded for 4,000 shares on <date>02/25/2026</date>

10b5-1 sale 4,000 shares Sale on <date>03/16/2026</date>

Proceeds <money>$70,980.80</money> Payment recorded for 4,000 shares on <date>03/16/2026</date>

Restricted Stock Units 8,738 units RSUs dated <date>04/20/2022</date>

Key Terms

10b5-1, Restricted Stock Units, Form 144

3 terms

10b5-1 regulatory

"10b5-1 Sales for ANNE KUYKENDALL 45800 Northport"

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.

Restricted Stock Units financial

"Restricted Stock Units | Issuer | 8738 | 04/20/2022"

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.

Form 144 regulatory

"Filer Information | 144: Filer Information"

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.

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	8738	243964.96	50747508	04/22/2026	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	04/20/2022	Restricted Stock Units	Issuer			8738	04/20/2022	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	03/16/2026	4000	70980.80
10b5-1 Sales for ANNE KUYKENDALL 45800 Northport Loop West Fremont CA 94538	Common	02/25/2026	4000	83203.20

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 PENG's Form 144 disclose about insider sales?

The Form 144 discloses two 10b5-1 sales of Common stock: 4,000 shares on 02/25/2026 for $83,203.20 and 4,000 shares on 03/16/2026 for $70,980.80. It also lists 8,738 Restricted Stock Units dated 04/20/2022.

Who executed the brokered transactions on PENG's Form 144?

The filing lists Morgan Stanley Smith Barney LLC as the broker-dealer handling the proposed sales. The excerpt provides the broker name but does not specify settlement details or net proceeds recipients.

Are the sales reported as part of a 10b5-1 trading plan for PENG insiders?

Yes; the two completed dispositions are labeled as 10b5-1 Sales for the reporting person, indicating execution under a prearranged plan. The excerpt does not include the plan adoption date beyond the sale entries.

How many Restricted Stock Units does PENG list in this filing?

The filing shows 8,738 Restricted Stock Units dated 04/20/2022. The excerpt does not state whether those RSUs were vested, settled, or remain outstanding after these sales.