Form 4: Penguin Solutions Executive Sells Shares
Insider Transaction (Form 4)
Anne Kuykendall, SVP and Chief Legal Officer of Penguin Solutions, Inc., sold 4,000 shares of common stock on August 24, 2026.
Summary
- Open-market sale: disposed of 600 Common Stock at $49.62 ($29,774) on August 24, 2026; holds 116,394 after (Direct).
- Open-market sale: disposed of 3,300 Common Stock at $50.73 ($167,393) on August 24, 2026; holds 113,094 after (Direct).
- Open-market sale: disposed of 100 Common Stock at $51.34 ($5,134) on August 24, 2026; holds 112,994 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $202,301 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 |
|---|---|---|---|---|---|---|
| 2026-08-24 | Open-market sale | Common Stock | 600 | $50 | $29.8K | 116,394 |
| 2026-08-24 | Open-market sale | Common Stock | 3,300 | $51 | $167.4K | 113,094 |
| 2026-08-24 | Open-market sale | Common Stock | 100 | $51 | $5.1K | 112,994 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-24 | Open-market sale (600 shares) |
| 2026-08-24 | Open-market sale (3,300 shares) |
| 2026-08-24 | Open-market sale (100 shares) |
Keywords
insider transaction, Form 4, PENG, Penguin Solutions, Inc., bearish, Anne Kuykendall
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