Director Mary Puma gets 10,034 Penguin (PENG) RSUs in stock awards

Rhea-AI Filing Summary

Penguin Solutions director Mary G. Puma reported receiving a grant of 10,034 shares of common stock on February 6, 2026, recorded at a price of $0 per share as an equity award. Following this grant, she beneficially owns 25,398 common shares directly.

The award represents restricted stock units that are scheduled to vest in full on the earlier of February 6, 2027 or the date of the annual stockholder meeting at which her director term expires, subject to her continued service through the vesting date.

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

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

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^*

PUMA MARY G

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

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	02/06/2026		A		10,034(1)	A	$0	25,398	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. Represents a restricted stock unit award that is scheduled to vest in full on the earlier of February 6, 2027 or the date of the annual meeting of stockholders at which the reporting person's term expires, subject to the reporting person's continued service through the vesting date.

Remarks:

	/s/ Anne Kuykendall as attorney-in-fact for Mary G. Puma	02/10/2026
	** 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.

FAQ

What insider transaction did Penguin Solutions (PENG) report for Mary G. Puma?

Mary G. Puma received an equity grant of 10,034 Penguin Solutions common shares. The Form 4 shows this as an acquisition at $0 per share, increasing her directly held beneficial ownership to 25,398 common shares after the reported transaction.

When did Mary G. Puma’s new Penguin Solutions RSU award occur?

The restricted stock unit award was granted on February 6, 2026. This date is disclosed as the transaction date on the Form 4 and marks when the 10,034-share equity award was credited to her beneficial ownership in Penguin Solutions common stock.

How many Penguin Solutions shares does Mary G. Puma own after this transaction?

After the grant, Mary G. Puma beneficially owns 25,398 Penguin Solutions common shares. This figure, reported as directly held, includes the newly acquired 10,034-share restricted stock unit award disclosed in the Form 4 filing.

What are the vesting terms of Mary G. Puma’s 10,034-share Penguin Solutions RSU award?

The 10,034-share RSU award vests in full on the earlier of February 6, 2027 or a specified annual meeting date. Vesting occurs on that earlier date if she continues serving as a director through the vesting date, according to the Form 4 footnote.

Was cash paid for the 10,034 Penguin Solutions shares reported for Mary G. Puma?

No cash was paid; the 10,034 shares were granted at a reported price of $0 per share. The Form 4 characterizes this as an equity compensation award rather than an open-market purchase of Penguin Solutions common stock.

Is Mary G. Puma an officer or director of Penguin Solutions (PENG)?

Mary G. Puma is reported as a director of Penguin Solutions. The Form 4 indicates she is a director and not a company officer or 10% owner, and the transaction reflects director-level equity compensation in the form of restricted stock units.