Pacheco Jack A sold PENG

July 21, 2025 · Form 4 insider transaction

Pacheco Jack A sold 60,000 shares of Penguin Solutions, Inc. at $24.83 per share, a transaction worth $1.49M. 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
60,000
Price
$24.83
Total value
$1.49M
Role
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateJuly 21, 2025
Filing dateJuly 22, 2025
Shares owned after227,231
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 April 21, 2025.; This transaction was executed in multiple trades at prices ranging from $24.25 to $25.13. 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