Form 4: Penumbra Director Sells Stock Under 10b5-1 Plan

Penumbra Inc. Director Arani Bose sold a total of 7,500 shares of common stock for approximately $2.18 million through a pre-arranged 10b5-1 trading plan.

Summary

• Arani Bose, a Director of Penumbra Inc. (PEN), reported the sale of common stock.
• The transactions occurred on November 21, 2025.
• A total of 7,338 shares were sold at a weighted average price of $290.55 per share.
• An additional 162 shares were sold at a weighted average price of $291.09 per share.
• The sales were executed pursuant to a Rule 10b5-1 trading plan.
• Following these transactions, Arani Bose beneficially owns 282,761 shares directly and indirectly through Bose Family Holdings II, LLC.
• The total value of shares sold is approximately $2,179,154.48.

Sentiment

Score: 5

Explanation: The filing reports a director's sale of common stock under a Rule 10b5-1 trading plan, which is a pre-scheduled transaction and generally considered neutral in terms of immediate sentiment impact.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Sale of 7,500 shares of Penumbra Inc. common stock by Arani Bose, a Director, with some shares held indirectly by Bose Family Holdings II, LLC.

Stakeholder Impact

• Shareholders: May perceive a slight negative sentiment due to insider selling, though mitigated by the 10b5-1 plan.

Key Dates

Recommendation

The filing details a routine insider stock sale by a director under a pre-arranged 10b5-1 trading plan. Such transactions are generally not indicative of new material information about the company's performance or outlook and are often for personal financial planning or diversification. Therefore, it does not provide a basis for a change in investment recommendation.

Keywords

Penumbra Inc, PEN, Arani Bose, Insider Trading, Form 4, Stock Sale, Director, 10b5-1 Plan, Common Stock