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Penguin Solutions (PENG) interim CFO reports 32,778-share RSU stake

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Penguin Solutions, Inc. reports that Interim CFO Aaron Michael Johnson directly holds 32,778 shares of common stock as of July 9, 2026. This total includes unvested restricted stock units of 10,342, 9,039, 8,244 and 5,153 shares, which vest in quarterly installments beginning July 20, 2026 and July 20, 2027, subject to his continued service.

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Insider Johnson Aaron Michael
Role Interim CFO
Type Security Shares Price Value
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 32,778 shares (Direct)
Footnotes (1)
  1. [object Object]
Common stock held 32,778 shares Direct holdings reported as of 2026-07-09
Unvested RSUs tranche 1 10,342 shares Vest in nine remaining substantially-equal quarterly installments starting July 20, 2026
Unvested RSUs tranche 2 9,039 shares Vest in twelve remaining substantially-equal quarterly installments starting July 20, 2026
Unvested RSUs tranche 3 8,244 shares Vest in fourteen remaining substantially-equal quarterly installments starting July 20, 2026
Unvested RSUs tranche 4 5,153 shares Vest 25% on July 20, 2027, remainder in twelve substantially-equal quarterly installments thereafter
restricted stock units financial
"Includes 10,342 unvested restricted stock units (RSUs) that will vest"
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.
substantially-equal quarterly installments financial
"will vest in nine remaining substantially-equal quarterly installments"
continued service financial
"subject to the Reporting Person's continued service through each applicable vesting date"

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

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FAQ

What equity position does Interim CFO Johnson Aaron Michael report in Penguin Solutions (PENG)?

He reports direct ownership of 32,778 shares of common stock in Penguin Solutions. This figure includes unvested restricted stock units that are scheduled to vest through multiple quarterly installments over several years, contingent on his continued service with the company.

How many unvested RSUs are included in Johnson's Penguin Solutions (PENG) holdings, and how are they structured?

His reported holdings include unvested RSUs of 10,342, 9,039, 8,244 and 5,153 shares. The first three tranches vest in nine, twelve and fourteen quarterly installments, and the last tranche vests 25% then in twelve quarterly installments thereafter.

When do Johnson's RSUs in Penguin Solutions (PENG) begin vesting?

Three RSU tranches begin vesting on July 20, 2026 in quarterly installments. An additional 5,153-share RSU tranche starts vesting on July 20, 2027, with 25% vesting on that date and the remainder vesting in twelve quarterly installments thereafter.

Are Johnson's Penguin Solutions (PENG) holdings reported as direct or indirect ownership?

The filing shows direct ownership of 32,778 shares, indicated by the "D" ownership code. No nature-of-ownership footnote describes any trust, fund, or other intermediary entity, so the reported position is held in his own name.

Does this Penguin Solutions (PENG) Form 3 indicate insider buying or selling by Johnson?

No buy or sell transactions are reported. The Form 3 serves to list Johnson’s existing holdings, including unvested RSUs, rather than to disclose new market purchases or sales of Penguin Solutions common stock.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Johnson Aaron Michael

(Last)(First)(Middle)
C/O PENGUIN SOLUTIONS, INC.
45800 NORTHPORT LOOP W.

(Street)
FREMONT CALIFORNIA 94538

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
07/09/2026
3. Issuer Name and Ticker or Trading Symbol
Penguin Solutions, Inc. [ PENG ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Interim CFO
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock32,778(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes (i) 10,342 unvested restricted stock units ("RSUs") that will vest in nine remaining substantially-equal quarterly installments, (ii) 9,039 unvested RSUs that will vest in twelve remaining substantially-equal quarterly installments, and (iii) 8,244 unvested RSUs that will vest in fourteen remaining substantially-equal quarterly installments, each starting on July 20, 2026 and subject to the Reporting Person's continued service through each applicable vesting date. Also includes 5,153 unvested RSUs that will vest as to 25% on July 20, 2027, with the remainder vesting in twelve substantially-equal quarterly installments thereafter, subject to the Reporting Person's continued service through each applicable vesting date.
Remarks:
Exhibit 24.1 - Power of Attorney
/s/ Anne Kuykendall as attorney-in-fact for Aaron Michael Johnson07/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)