Clark Joseph Gates sold PENG

June 1, 2026 · Form 4 insider transaction

Clark Joseph Gates sold 4,612 shares of Penguin Solutions, Inc. at $59.97 per share, a transaction worth $276.6K. 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
4,612
Price
$59.97
Total value
$276.6K
Role—
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateJune 1, 2026
Filing dateJune 2, 2026
Shares owned after67,725
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 $59.62 to $60.60. 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