Clark Joseph Gates sold PENG

February 24, 2026 · Form 4 insider transaction

Clark Joseph Gates sold 10,046 shares of Penguin Solutions, Inc. at $20.07 per share, a transaction worth $201.6K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
10,046
Price
$20.07
Total value
$201.6K
Role
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateFebruary 24, 2026
Filing dateFebruary 25, 2026
Shares owned after112,272
OwnershipDirect
10b5-1 planYes
AmendedNo

Footnotes

This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on November 11, 2025.; This transaction was executed in multiple trades at prices ranging from $20.00 to $20.21. 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.

View the original Form 4 on SEC EDGAR