Adams Mark sold PENG
October 14, 2025 · Form 4 insider transaction
Adams Mark sold 54,822 shares of Penguin Solutions, Inc. at $22.32 per share, a transaction worth $1.22M. 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
54,822
Price
$22.32
Total value
$1.22M
InsiderAdams Mark
RoleDirector
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateOctober 14, 2025
Filing dateOctober 16, 2025
Shares owned after987,115
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.