Penguin Solutions SVP sells 4,000 shares

Penguin Solutions, Inc. senior vice president and chief legal officer Anne Kuykendall reported selling a total of 4,000 shares of common stock in open-market transactions on June 15, 2026.

Rhea-AI Filing Summary

Penguin Solutions, Inc. senior vice president and chief legal officer Anne Kuykendall reported selling a total of 4,000 shares of common stock in open-market transactions on June 15, 2026. The sales were executed at prices generally between about $62.29 and $65.63, with each line item reported at a weighted average sale price.

The filing states that these transactions were carried out under a previously established Rule 10b5-1 trading plan adopted on November 11, 2025. After completing these sales, Kuykendall directly holds 120,794 shares of Penguin Solutions common stock.

Insider Trade Summary 10b5-1

Net Seller: 4,000 shares

Net Sell 4 txns

Insider Kuykendall Anne

Role SVP and Chief Legal Officer

Sold 4,000 shs ($258K)

Type	Security	Shares	Price	Value
Sale	Common Stock	200	$62.51	$13K
Sale	Common Stock	2,104	$64.1563	$135K
Sale	Common Stock	1,596	$64.8192	$103K
Sale	Common Stock	100	$65.63	$7K

Holdings After Transaction: Common Stock — 120,794 shares (Direct)

Footnotes (4)

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 $62.29 to $62.73. 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.
3. F3. This transaction was executed in multiple trades at prices ranging from $63.54 to $64.53. 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.
4. F4. This transaction was executed in multiple trades at prices ranging from $64.55 to $65.54. 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.

Key Figures

Shares sold: 4,000 shares Sale prices (weighted averages): $62.51–$65.63 per share Post-transaction holdings: 120,794 shares +2 more

5 metrics

Shares sold 4,000 shares Total common stock sold on June 15, 2026

Sale prices (weighted averages) $62.51–$65.63 per share Reported weighted average sale prices across four tranches

Post-transaction holdings 120,794 shares Common stock directly held after June 15, 2026 sales

Number of sale transactions 4 transactions Open-market sales of common stock on June 15, 2026

10b5-1 plan adoption date November 11, 2025 Date reporting person adopted Rule 10b5-1 trading plan

Key Terms

Rule 10b5-1 Plan, open-market sale, weighted average sale price

3 terms

Rule 10b5-1 Plan regulatory

"This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average sale price financial

"The price reported above reflects the weighted average sale price"

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 on June 15, 2026. The filing describes these as open-market sales executed in multiple trades at weighted average prices.

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

Anne Kuykendall’s reported sales occurred at weighted average prices around $62.51, $64.16, $64.82, and $65.63 per share. Footnotes note the underlying trade ranges between approximately $62.29 and $65.54 across the different sale tranches.

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

Following the reported June 15, 2026 transactions, Anne Kuykendall directly holds 120,794 shares of Penguin Solutions common stock. This post-transaction holding amount is disclosed in the Form 4 for the smallest reported sale tranche.

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

Yes. A footnote states the June 15, 2026 transaction was effected under a previously established Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2025, indicating the sales were pre-arranged rather than newly timed.

How many separate trades did the Penguin Solutions (PENG) Form 4 show for Anne Kuykendall?

The Form 4 lists four separate open-market sale transactions in Penguin Solutions common stock for Anne Kuykendall on June 15, 2026. Together, these transactions total 4,000 shares sold, according to the transaction summary included in the filing.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/16/2026 - 07:48 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 CALIFORNIA 94538

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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

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

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

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	06/15/2026		S(1)		200	D	$62.51(2)	124,594	D
Common Stock	06/15/2026		S(1)		2,104	D	$64.1563(3)	122,490	D
Common Stock	06/15/2026		S(1)		1,596	D	$64.8192(4)	120,894	D
Common Stock	06/15/2026		S(1)		100	D	$65.63	120,794	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 $62.29 to $62.73. 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.

3. This transaction was executed in multiple trades at prices ranging from $63.54 to $64.53. 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.

4. This transaction was executed in multiple trades at prices ranging from $64.55 to $65.54. 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	06/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)