Clark Joseph Gates sold PENG
May 5, 2026 · Form 4 insider transaction
Clark Joseph Gates sold 5,000 shares of Penguin Solutions, Inc. at $34.75 per share, a transaction worth $173.8K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
5,000
Price
$34.75
Total value
$173.8K
InsiderClark Joseph Gates
Role—
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateMay 5, 2026
Filing dateMay 7, 2026
Shares owned after81,776
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.