Clark Joseph Gates sold PENG
October 14, 2025 · Form 4 insider transaction
Clark Joseph Gates sold 23,535 shares of Penguin Solutions, Inc. at $22.32 per share, a transaction worth $525.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
23,535
Price
$22.32
Total value
$525.3K
InsiderClark Joseph Gates
Role—
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateOctober 14, 2025
Filing dateOctober 16, 2025
Shares owned after127,729
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Reflects shares surrendered to the Issuer to satisfy tax withholding obligations in connection with vesting of PSUs. No shares were sold.