Penguin Solutions (PENG) legal chief's sale set by 10b5-1 plan

Q: What insider activity did PENG disclose in this Form 4?

Penguin Solutions disclosed that executive Anne Kuykendall sold a total of 4,000 shares of common stock on August 24, 2026 in three separate open-market or private transactions.

Q: At what prices did the PENG insider sell shares?

The reported sales were 600 shares at $49.6234, 3,300 shares at $50.7252, and 100 shares at $51.3400 per share. Two prices are weighted averages over intraday ranges described in the footnotes.

Q: How many PENG shares did the insider sell in total on the reported date?

On August 24, 2026, the reporting person sold a total of 4,000 shares of Penguin Solutions common stock across three transactions reported in this Form 4.

Q: What role does the reporting person hold at Penguin Solutions (PENG)?

The reporting person, Anne Kuykendall, is identified as an officer of Penguin Solutions, serving as SVP and Chief Legal Officer.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Penguin Solutions, Inc. (PENG) reported that Anne Kuykendall, its SVP and Chief Legal Officer, sold a total of 4,000 shares of common stock on August 24, 2026. The sales included 600 shares at $49.6234, 3,300 shares at $50.7252, and 100 shares at $51.3400. Two sale prices are reported as weighted averages over price ranges described in footnotes. All transactions were made under a previously established Rule 10b5-1 trading plan adopted on November 11, 2025.

Insider Trade Summary 10b5-1

Net Seller: 4,000 shares

Net Sell 3 txns

Insider Kuykendall Anne

Role SVP and Chief Legal Officer

Sold 4,000 shs ($202K)

Type	Security	Shares	Price	Value
Sale	Common Stock ^{F1, F2}	600	$49.6234	$30K
Sale	Common Stock ^{F1, F3}	3,300	$50.7252	$167K
Sale	Common Stock ^F1	100	$51.34	$5K

Holdings After Transaction: Common Stock — 112,994 shares (Direct)

Footnotes (3)

F1. This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on November 11, 2025.
F2. This transaction was executed in multiple trades at prices ranging from $49.15 to $49.91. 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.
F3. This transaction was executed in multiple trades at prices ranging from $50.23 to $51.14. 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 of Common Stock Sale 1: 600 shares at $49.6234 per share Sale 2: 3,300 shares at $50.7252 per share +2 more

5 metrics

Shares sold 4,000 shares of Common Stock Total shares sold by the reporting person on August 24, 2026

Sale 1 600 shares at $49.6234 per share Open market or private transaction on August 24, 2026; weighted average price over $49.15–$49.91 range

Sale 2 3,300 shares at $50.7252 per share Open market or private transaction on August 24, 2026; weighted average price over $50.23–$51.14 range

Sale 3 100 shares at $51.3400 per share Open market or private transaction on August 24, 2026

Rule 10b5-1 Plan adoption date November 11, 2025 Date the reporting person adopted the trading plan governing these sales

Key Terms

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

3 terms

Rule 10b5-1 Plan regulatory

"This transaction was effected pursuant to a previously established Rule 10b5-1 Plan"

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.

weighted average sale price financial

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

open market or private transaction financial

"transaction_code_description: Sale in open market or private transaction"

FAQ

What insider activity did PENG disclose in this Form 4?

Penguin Solutions disclosed that executive Anne Kuykendall sold a total of 4,000 shares of common stock on August 24, 2026 in three separate open-market or private transactions.

At what prices did the PENG insider sell shares?

The reported sales were 600 shares at $49.6234, 3,300 shares at $50.7252, and 100 shares at $51.3400 per share. Two prices are weighted averages over intraday ranges described in the footnotes.

Were the PENG insider sales made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were effected under a Rule 10b5-1 Plan previously adopted by the reporting person on November 11, 2025, indicating they were pre-arranged trades.

How many PENG shares did the insider sell in total on the reported date?

On August 24, 2026, the reporting person sold a total of 4,000 shares of Penguin Solutions common stock across three transactions reported in this Form 4.

What role does the reporting person hold at Penguin Solutions (PENG)?

The reporting person, Anne Kuykendall, is identified as an officer of Penguin Solutions, serving as SVP and Chief Legal Officer.

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Available on EDGAR 08/26/2026 - 07:16 PM Accepted by SEC EDGAR 08/26/2026 - 07:15 PM

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).

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)
08/24/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/24/2026		S⁽¹⁾		600	D	$49.6234⁽²⁾	116,394	D
Common Stock	08/24/2026		S⁽¹⁾		3,300	D	$50.7252⁽³⁾	113,094	D
Common Stock	08/24/2026		S⁽¹⁾		100	D	$51.34	112,994	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 $49.15 to $49.91. 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 $50.23 to $51.14. 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	08/26/2026
	** 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)

Source: View Original Filing on SEC EDGAR