Welcome to our dedicated page for Penguin Solutions SEC filings (Ticker: PENG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Penguin Solutions, Inc. (PENG) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Delaware corporation listed on Nasdaq, Penguin Solutions submits periodic and current reports that describe its financial performance, risk factors, and significant corporate events across its Advanced Computing, Integrated Memory, and Optimized LED segments.
Among the filings available are current reports on Form 8-K. For example, Penguin Solutions filed an 8-K describing the release of financial results for a fiscal period and noting that the company refers to non-GAAP financial information in its earnings materials, with reconciliations to GAAP included in the associated press release. The same 8-K also reports that the Audit Committee of the Board of Directors approved a stock repurchase authorization, allowing the company to repurchase shares of its common stock through open market purchases, privately negotiated transactions, or other methods, subject to market conditions and corporate needs.
In addition to current reports, investors can consult Penguin Solutions’ annual reports on Form 10-K and quarterly reports on Form 10-Q, which the company references in its risk factor discussions. These filings contain sections such as “Risk Factors,” “Results of Operations,” “Quantitative and Qualitative Disclosures About Market Risk,” and “Liquidity and Capital Resources,” providing detail on the company’s operations in high-performance computing, AI infrastructure, memory technologies, and LED solutions.
On Stock Titan, these filings are supplemented by AI-powered summaries that explain key points, highlight important adjustments between GAAP and non-GAAP measures, and make it easier to understand complex disclosures. Users can also review information related to corporate actions, stock repurchase authorizations, and other material events reported on Forms 8-K, as well as track how Penguin Solutions presents its financial metrics and risk disclosures over time.
Penguin Solutions, Inc. director Mark Papermaster received an equity award of 10,034 shares of common stock in the form of restricted stock units on February 6, 2026, at a price of $0 per share. These restricted stock units are scheduled to vest in full on the earlier of February 6, 2027 or the date of the annual meeting of stockholders at which his term as director expires, subject to his continued service through that vesting date. Following this grant, he beneficially owns 34,816 shares of Penguin Solutions common stock directly.
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.
Penguin Solutions, Inc. director Maximiliane Straub received a grant of 10,034 shares of common stock as a restricted stock unit (RSU) award on February 6, 2026. The award was granted at a price of $0 per share.
The RSUs are scheduled to vest in full on the earlier of February 6, 2027 or the date of the annual meeting of stockholders at which Straub’s director term expires, provided she continues in service through that vesting date. After this grant, Straub beneficially owns 66,975 shares of Penguin Solutions common stock in direct ownership.
A security holder filed a notice under Rule 144 to sell 1,346 shares of common stock on the NASDAQ around February 10, 2026. The sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services for an aggregate market value of $25,574.00.
The shares relate to restricted stock units acquired from the issuer on January 20, 2026. The filing states that 52,560,157 shares of this class were outstanding at the time of the notice and includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.
Penguin Solutions, Inc.’s President and CEO Kashif Shaikh received significant equity awards on February 2, 2026. He was granted 238,188 time-based restricted stock units and an additional 137,898 time-based units at a grant price of $0, lifting his directly held common stock units to 376,086. These RSUs vest 25% on April 20, 2027, with the balance vesting quarterly over the following 12 installments, contingent on continued service. He also received 238,188 performance-based RSUs with a four-year performance period, which can vest between 0% and 200% of the target amount based on multi-tier stock price appreciation hurdles and Compensation Committee certification, again requiring continued service.
Penguin Solutions, Inc. filed an initial ownership report showing that President and CEO, and director, Kashif Shaikh currently has no securities beneficially owned in the company. This Form 3 establishes his status as an officer and director without reporting any stock or derivative positions.
Penguin Solutions, Inc. announced a planned CEO transition. Mark Adams will retire and step down as President, Chief Executive Officer, and director effective February 1, 2026, then serve as a paid consultant for up to nine months while his existing equity awards continue to vest.
The board appointed Kash Shaikh as the new President, Chief Executive Officer, principal executive officer, and Class III director effective February 2, 2026. His offer includes an $890,000 base salary, a target bonus equal to 125% of salary, a $2,000,000 sign-on bonus subject to repayment conditions, and several large time-based and performance-based RSU and PSU grants with multi‑year vesting and performance goals.
Penguin Solutions, Inc. senior vice president and chief financial officer Nathan Olmstead reported an automatic share withholding related to equity compensation. On January 20, 2026, 2,988 shares of Penguin Solutions common stock were surrendered at $19.96 per share to the company to cover tax withholding obligations upon the vesting of restricted stock units. The filing notes that no shares were sold in the open market as part of this transaction. After this withholding, Olmstead beneficially owns 103,838 common shares, held directly.
Penguin Solutions, Inc. insider filing shows a routine tax-related share surrender by a senior executive. SVP and Chief Legal Officer Anne Kuykendall surrendered 3,379 shares of common stock on 01/20/2026 at a price of $19.96 per share to Penguin Solutions to cover tax withholding tied to vesting of restricted stock units. The footnote clarifies that no shares were sold on the open market; the transaction was solely to satisfy tax obligations. After this transaction, Kuykendall directly beneficially owned 139,352 shares of Penguin Solutions common stock.
Penguin Solutions, Inc. insider activity: Senior Vice President and Chief Revenue Officer Anthony George Frey reported a tax-related share withholding. On January 20, 2026, 610 shares of Penguin Solutions common stock were surrendered to the company at $19.96 per share to cover tax withholding obligations tied to the vesting of restricted stock units. The filing states that no shares were sold in the market. After this transaction, Frey beneficially owned 74,954 common shares, held directly.