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. SVP and Chief Legal Officer Anne Kuykendall reported a small open-market sale of company stock and a tax-related share surrender. On April 22, 2026 she sold 738 shares of common stock at $27.92 per share in an open-market transaction.
On April 20, 2026 she surrendered 3,062 shares to Penguin Solutions to cover tax withholding tied to vesting restricted stock units; the footnote clarifies no shares were sold in that transaction. After these events she directly held 128,794 shares, which includes 1,242 shares purchased through the company’s Amended and Restated Employee Stock Purchase Plan on April 15, 2026. The filing notes the sale was executed under a previously established Rule 10b5-1 trading plan adopted on November 11, 2025.
Penguin Solutions, Inc. senior vice president and chief revenue officer Anthony George Frey surrendered 532 shares of common stock on April 20, 2026 to cover tax withholding obligations tied to vesting of restricted stock units. No shares were sold in the market. After this tax-related disposition, he directly holds 76,089 shares, which includes 1,667 shares purchased through the company’s Amended and Restated Employee Stock Purchase Plan on April 15, 2026.
PENG reported proposed and recent officer/insider sales via a Form 144, listing 8,738 Restricted Stock Units granted 04/20/2022 and two completed 10b5-1 sales of Common stock: $70,980.80 on 03/16/2026 (4,000 shares) and $83,203.20 on 02/25/2026 (4,000 shares).
The filing lists Morgan Stanley Smith Barney LLC as broker-dealer. The record shows the securities type as Common and identifies the transactions as 10b5-1 plan sales.
Penguin Solutions, Inc. senior vice president Clark Joseph Gates reported recent transactions in the company’s common stock. On April 16, he sold 5,000 shares in an open-market transaction at $26.82 per share. After this sale, he directly held 95,549 shares.
On April 20, he surrendered 2,288 shares at $26.74 per share to Penguin Solutions solely to satisfy tax withholding obligations tied to vesting of restricted stock units; no shares were sold in the market in this step. Following the tax withholding transaction, his direct ownership stood at 93,261 shares, which includes 823 shares purchased through the company’s Employee Stock Purchase Plan.
PENG affiliate submitted a Form 144 notice to sell 5,000 shares of Common Stock tied to Restricted Stock Units dated 04/20/2022. The notice lists recent 10b5-1 sales by the reporting person: 12,546 shares on 04/09/2026 for $282,882.74, 10,046 shares on 02/24/2026 for $201,597.10, and 1,346 shares on 02/10/2026 for $25,614.38. Trades were routed through Morgan Stanley Smith Barney LLC; the filing lists 50747508 on the cover and a filing date of 04/16/2026.
Penguin Solutions, Inc. executive Clark Joseph Gates, SVP and President of Optimized LED, reported an open-market sale of 12,546 shares of common stock at a weighted average price of $22.5476 per share. After this transaction, he directly holds 99,726 shares of Penguin Solutions common stock.
The sale was carried out under a previously established Rule 10b5-1 trading plan, which is a pre-arranged program that schedules share sales in advance. This structure makes the transaction appear more like planned portfolio management than a discretionary decision based on recent company developments.
Morgan Stanley Smith Barney LLC submitted a Form 144 notice tied to proposed sales of Common shares by an affiliate under 10b5-1 plans. The excerpt lists two recent 10b5-1 sales: 10,046 shares on 02/24/2026 for $201,597.10 and 1,346 shares on 02/10/2026 for $25,614.38. The filing also shows RSUs of 2,500 shares granted 07/20/2023 and PSUs of 10,046 shares granted 10/14/2025.
Penguin Solutions, Inc. reported lower sales but sharply higher profitability for the quarter ended February 27, 2026. Net sales fell to $343.0 million from $365.5 million as Advanced Computing hardware revenue dropped, partly offset by strong Integrated Memory growth.
Net income attributable to Penguin Solutions jumped to $37.5 million from $8.1 million, and diluted EPS rose to $0.58 from $0.09, largely driven by a $27.5 million gain on the sale of its Celestial AI investment. Gross margin slipped to 27.3% as business mix shifted and the company recorded a $5.8 million inventory write-off for goods stolen in transit.
PENG ended the quarter with $489.2 million in cash and cash equivalents and $442.8 million of long‑term debt, after refinancing its credit facility and redeeming its 2026 convertible notes in cash. It continued returning capital via share repurchases and paid $6.1 million in preferred dividends tied to its SK Telecom strategic investment.
Penguin Solutions, Inc. reported lower sales but sharply higher profitability for the quarter ended February 27, 2026. Net sales fell to $343.0 million from $365.5 million as Advanced Computing hardware revenue dropped, partly offset by strong Integrated Memory growth.
Net income attributable to Penguin Solutions jumped to $37.5 million from $8.1 million, and diluted EPS rose to $0.58 from $0.09, largely driven by a $27.5 million gain on the sale of its Celestial AI investment. Gross margin slipped to 27.3% as business mix shifted and the company recorded a $5.8 million inventory write-off for goods stolen in transit.
PENG ended the quarter with $489.2 million in cash and cash equivalents and $442.8 million of long‑term debt, after refinancing its credit facility and redeeming its 2026 convertible notes in cash. It continued returning capital via share repurchases and paid $6.1 million in preferred dividends tied to its SK Telecom strategic investment.
Penguin Solutions reported mixed but improving results for Q2 fiscal 2026 and raised its full-year outlook. Net sales were $343 million, down about 6% from the prior year, as Advanced Computing revenue declined while Integrated Memory grew strongly. GAAP gross margin slipped to 27.3%, but non-GAAP gross margin improved to 31.2%.
GAAP diluted EPS jumped to $0.58 from $0.09 a year earlier, helped by a large gain on an equity investment, while non-GAAP diluted EPS held steady at $0.52. The company now targets full-year 2026 net sales growth of 12% year over year, up from 6%, and raises its GAAP EPS outlook to $1.30 and non-GAAP EPS to $2.15 at the midpoint. Management cites expanding AI/HPC demand and strong memory-driven performance as key drivers.
Penguin Solutions reported mixed but improving results for Q2 fiscal 2026 and raised its full-year outlook. Net sales were $343 million, down about 6% from the prior year, as Advanced Computing revenue declined while Integrated Memory grew strongly. GAAP gross margin slipped to 27.3%, but non-GAAP gross margin improved to 31.2%.
GAAP diluted EPS jumped to $0.58 from $0.09 a year earlier, helped by a large gain on an equity investment, while non-GAAP diluted EPS held steady at $0.52. The company now targets full-year 2026 net sales growth of 12% year over year, up from 6%, and raises its GAAP EPS outlook to $1.30 and non-GAAP EPS to $2.15 at the midpoint. Management cites expanding AI/HPC demand and strong memory-driven performance as key drivers.
Penguin Solutions, Inc. has completed the divestiture of its remaining stake in its Brazil memory module business. On March 30, 2026, its wholly owned indirect subsidiary SMART Modular Technologies (LX) S.à r.l. sold its final 19% interest in Zilia Technologies for $46.08 million to Lexar Europe B.V. under a previously signed Stock Transfer Agreement.
After this transaction, the seller no longer holds any interest in Zilia Technologies, which assembles and tests commodity memory modules for electronics manufacturers serving Brazilian consumers. Buyer had already acquired the other 81% interest in November 2023, so Zilia Technologies is now wholly owned by the buyer.
Penguin Solutions, Inc. has completed the divestiture of its remaining stake in its Brazil memory module business. On March 30, 2026, its wholly owned indirect subsidiary SMART Modular Technologies (LX) S.à r.l. sold its final 19% interest in Zilia Technologies for $46.08 million to Lexar Europe B.V. under a previously signed Stock Transfer Agreement.
After this transaction, the seller no longer holds any interest in Zilia Technologies, which assembles and tests commodity memory modules for electronics manufacturers serving Brazilian consumers. Buyer had already acquired the other 81% interest in November 2023, so Zilia Technologies is now wholly owned by the buyer.