Penguin Solutions SVP sells 4,000 company shares

Penguin Solutions, Inc. senior vice president and Chief Legal Officer Anne Kuykendall reported an open-market sale of 4,000 shares of common stock on March 16, 2026 at a weighted average price of $17.7452 per share.

Rhea-AI Filing Summary

Penguin Solutions, Inc. senior vice president and Chief Legal Officer Anne Kuykendall reported an open-market sale of 4,000 shares of common stock on March 16, 2026 at a weighted average price of $17.7452 per share.

The sale was executed under a previously established Rule 10b5-1 trading plan adopted on November 11, 2025, indicating it was pre-planned. Following this transaction, Kuykendall directly holds 131,352 shares of Penguin Solutions common stock.

Insider Trade Summary 10b5-1

Net Seller: 4,000 shares

Net Sell 1 txn

Insider Kuykendall Anne

Role SVP and Chief Legal Officer

Sold 4,000 shs ($71K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,000	$17.7452	$71K

Holdings After Transaction: Common Stock — 131,352 shares (Direct)

Footnotes (2)

1. F1. This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on November 11, 2025.
2. F2. This transaction was executed in multiple trades at prices ranging from $17.53 to $18.20. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

FAQ

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

What insider transaction did Penguin Solutions (PENG) report for Anne Kuykendall?

Penguin Solutions reported that SVP and Chief Legal Officer Anne Kuykendall sold 4,000 shares of common stock. The open-market sale occurred on March 16, 2026 at a weighted average price of $17.7452 per share, according to the Form 4 filing.

At what price did Anne Kuykendall sell Penguin Solutions (PENG) shares?

Anne Kuykendall’s 4,000 Penguin Solutions shares were sold at a weighted average price of $17.7452. The Form 4 notes multiple trades occurred in a price range from $17.53 to $18.20 per share, with the reported figure reflecting the overall weighted average.

How many Penguin Solutions (PENG) shares does Anne Kuykendall hold after the sale?

After selling 4,000 shares, Anne Kuykendall directly holds 131,352 Penguin Solutions common shares. This post-transaction balance is disclosed in the Form 4 and shows she retains a substantial ownership position following the reported open-market sale.

Was the Penguin Solutions (PENG) insider sale under a Rule 10b5-1 plan?

Yes. The Form 4 states the transaction was effected under a previously established Rule 10b5-1 trading plan adopted by Anne Kuykendall on November 11, 2025. Such plans pre-schedule trades, reducing the significance of short-term market timing decisions.

Who is the insider involved in the latest Penguin Solutions (PENG) Form 4 filing?

The insider is Anne Kuykendall, who serves as senior vice president and Chief Legal Officer of Penguin Solutions, Inc. She reported an open-market sale of 4,000 common shares while retaining direct ownership of 131,352 shares after the transaction.

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Accepted by SEC EDGAR 03/17/2026 - 04:19 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kuykendall Anne

(Last) (First) (Middle)

C/O PENGUIN SOLUTIONS, INC.

45800 NORTHPORT LOOP WEST

(Street)

FREMONT CA 94538

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Penguin Solutions, Inc. [ PENG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/16/2026		S(1)		4,000	D	$17.7452(2)	131,352	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on November 11, 2025.

2. This transaction was executed in multiple trades at prices ranging from $17.53 to $18.20. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

	/s/ Anne Kuykendall	03/17/2026
	** Signature of Reporting Person	Date
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 4 (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.