Form 4: Penguin Solutions Executive Sells Shares
Insider Transaction (Form 4)
Joseph Gates Clark, SVP and Pres, Optimized LED of Penguin Solutions, Inc., sold 1,327 shares of common stock on July 23, 2026 for $57.47 per share.
Summary
- Open-market sale: disposed of 1,327 Common Stock at $57.47 ($76,263) on July 23, 2026; holds 63,056 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $76,263 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Joseph Gates Clark — Officer (SVP and Pres, Optimized LED)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-23 | Open-market sale | Common Stock | 1,327 | $57 | $76.3K | 63,056 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-23 | Open-market sale (1,327 shares) |
Keywords
insider transaction, Form 4, PENG, Penguin Solutions, Inc., bearish, Joseph Gates Clark
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