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PENG (NASDAQ: PENG) details Joseph Clark stock sales and plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

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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
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"

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

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FAQ

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.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR