PENG insider plans sale of 1,327 shares

PENG filed a notice of proposed sale of 1,327 shares of common stock through Morgan Stanley Smith Barney LLC, valued at $78,558.40, with trading expected on July 23, 2026 on NASDAQ.

Rhea-AI Filing Summary

PENG filed a notice of proposed sale of 1,327 shares of common stock through Morgan Stanley Smith Barney LLC, valued at $78,558.40, with trading expected on July 23, 2026 on NASDAQ. These shares were acquired as Restricted Stock Units from the issuer on July 20, 2026.

The filing also lists prior Rule 10b5-1 plan sales by Joseph Clark over the past three months: 10,351 shares for $609,414.09 on June 1, 2026; 5,000 shares for $199,950.00 on May 8, 2026; 5,000 shares for $173,750.00 on May 5, 2026; and 5,000 shares for $148,750.00 on April 24, 2026.

Key Figures

Shares proposed for sale: 1,327 shares Proposed sale value: $78,558.40 June 1, 2026 sale proceeds: $609,414.09 +4 more

7 metrics

Shares proposed for sale 1,327 shares Common stock to be sold through Morgan Stanley Smith Barney LLC on NASDAQ

Proposed sale value $78,558.40 Indicated value for 1,327 PENG common shares

June 1, 2026 sale proceeds $609,414.09 10b5-1 sale of 10,351 PENG common shares

June 1, 2026 shares sold 10,351 shares PENG common stock sold under 10b5-1 plan

May 8, 2026 sale 5,000 shares for $199,950.00 PENG common stock sold under 10b5-1 plan

May 5, 2026 sale 5,000 shares for $173,750.00 PENG common stock sold under 10b5-1 plan

April 24, 2026 sale 5,000 shares for $148,750.00 PENG common stock sold under 10b5-1 plan

Key Terms

Restricted Stock Units, Rule 10b5-1, Executive Financial Services

3 terms

Restricted Stock Units financial

"Common | 07/20/2026 | Restricted Stock Units | Issuer"

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.

Rule 10b5-1 financial

"10b5-1 Sales for JOSEPH CLARK 45800 Northport Loop West"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

Executive Financial Services financial

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

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

What does the PENG Form 144 filing disclose?

The filing discloses a proposed sale of 1,327 PENG common shares valued at $78,558.40, to be sold through Morgan Stanley Smith Barney LLC, plus recent Rule 10b5-1 stock sales by Joseph Clark.

How many PENG shares are proposed to be sold and at what value?

The proposed transaction covers 1,327 shares of PENG common stock with an indicated value of $78,558.40. The shares are expected to trade on NASDAQ on July 23, 2026.

How did Joseph Clark acquire the PENG shares being sold?

The 1,327 PENG shares were acquired as Restricted Stock Units from the issuer on July 20, 2026. The filing identifies the acquisition source as the issuer and the security type as common stock.

What recent PENG stock sales by Joseph Clark are listed?

The filing lists Rule 10b5-1 sales of 10,351 shares for $609,414.09 on June 1, 2026 and three additional 5,000-share sales in April and May 2026 with proceeds between $148,750.00 and $199,950.00.

What is a Rule 10b5-1 trading plan in the context of PENG?

A Rule 10b5-1 trading plan is a pre-arranged program for selling stock. For PENG, the filing states Joseph Clark’s recent common stock sales were executed under such a plan over the past three months.

On which market will the PENG shares in this filing be sold?

The proposed 1,327 PENG common shares are indicated for sale on NASDAQ on July 23, 2026, using Morgan Stanley Smith Barney LLC as the executing broker.

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

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Available on EDGAR 07/23/2026 - 04:21 PM Accepted by SEC EDGAR 07/23/2026 - 04:21 PM 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	0001944970
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	JOSEPH CLARK
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	1327	78558.40	51242699	07/23/2026	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	07/20/2026	Restricted Stock Units	Issuer			1327	07/20/2026	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	06/01/2026	10351	609414.09
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

144: Remarks and Signature

Remarks
Date of Notice	07/23/2026
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/ Joseph Clark
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)