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.’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.
Penguin Solutions, Inc. executive Clark Joseph Gates, who serves as SVP and President, Optimized LED, reported a routine equity-related transaction. On January 20, 2026, he surrendered 2,564 shares of common stock to Penguin Solutions at a price of $19.96 per share to cover tax withholding obligations tied to the vesting of restricted stock units. The disclosure explicitly notes that no shares were sold on the open market. After this withholding transaction, he beneficially owns 123,664 shares of Penguin Solutions common stock held directly.
Penguin Solutions, Inc. President and CEO Mark Adams reported a routine share withholding related to equity compensation. On 01/20/2026, 12,513 shares of common stock were surrendered to the company at $19.96 per share to cover tax withholding arising from the vesting of restricted stock units, and no shares were sold on the market. Following this transaction, Adams beneficially owned 963,183 shares directly and 29,640 shares indirectly through The Adams Family Trust.
Penguin Solutions Inc received an amended ownership report showing that FMR LLC and Abigail P. Johnson together beneficially own 5,624,618.92 shares of its common stock, representing 10.7% of the class as of 12/31/2025. FMR LLC has sole voting power over 5,618,169.46 shares and sole dispositive power over 5,624,618.92 shares, while Johnson is reported with sole dispositive power over the same amount.
The filing notes that one or more other persons have rights to dividends or sale proceeds, including Fidelity Small Cap Value Fund, whose interest in Penguin Solutions common stock amounted to 3,160,000.00 shares, or 6.0% of the total outstanding common stock at 12/31/2025. The securities are certified as being held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
Penguin Solutions (PENG) reported an insider transaction on Form 4. SVP and CFO Nathan Olmstead acquired 9,684 shares of common stock on 11/11/2025 at a reported price of $0, increasing his beneficial holdings to 106,826 shares, held directly.
The filing notes these are restricted stock units that will vest as to 6.25% on January 20, 2026, with the remainder vesting quarterly thereafter in 15 equal installments, subject to continued employment through each vesting date.