Form 4: Penguin Solutions Executive Sells Shares
Insider Transaction (Form 4)
Anne Kuykendall, SVP and Chief Legal Officer of Penguin Solutions, Inc., sold 739 shares of common stock on July 20, 2026 for $56.12 per share.
Summary
- Tax/exercise-price withholding: disposed of 3,061 Common Stock at $60.41 ($184,915) on July 20, 2026; holds 117,733 after (Direct).
- Open-market sale: disposed of 739 Common Stock at $56.12 ($41,473) on July 22, 2026; holds 116,994 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $41,473 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Anne Kuykendall — Officer (SVP and Chief Legal Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-20 | Tax/exercise-price withholding | Common Stock | 3,061 | $60 | $184.9K | 117,733 |
| 2026-07-22 | Open-market sale | Common Stock | 739 | $56 | $41.5K | 116,994 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-20 | Tax/exercise-price withholding (3,061 shares) |
| 2026-07-22 | Open-market sale (739 shares) |
Keywords
insider transaction, Form 4, PENG, Penguin Solutions, Inc., bearish, Anne Kuykendall
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