Form 4: Penumbra Executive Sells Shares for Tax Obligations

Penumbra's EVP, General Counsel, and Secretary, Johanna Roberts, disposed of 1,130 shares of common stock to cover tax withholding obligations.

Summary

• Johanna Roberts, Executive Vice President, General Counsel, and Secretary of Penumbra Inc., reported a transaction involving the company's common stock.
• On December 15, 2025, Roberts disposed of 1,130 shares of Penumbra common stock.
• The disposition was made at a price of $309.15 per share.
• These shares were withheld by Penumbra Inc. to satisfy tax withholding obligations related to the vesting of restricted stock units granted to Roberts.
• Following this transaction, Johanna Roberts beneficially owns 62,706 shares of Penumbra common stock, a portion of which remains subject to vesting.

Sentiment

Score: 5

Explanation: The filing reports a routine administrative transaction (tax withholding for RSU vesting) and does not indicate any significant positive or negative sentiment regarding the company's performance or outlook.

Positives

• The transaction represents a routine administrative event for an executive, indicating the vesting of previously granted restricted stock units.

Negatives

• No negative aspects are directly indicated by this routine tax withholding transaction.

Industry Context

This filing is a standard disclosure of an insider transaction, specifically a tax withholding event, and does not provide information relevant to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction by an executive to cover tax liabilities from vested equity awards.
• Employees: No direct impact on general employees.

Key Dates

Keywords

Penumbra Inc, PEN, Form 4, insider transaction, stock withholding, restricted stock units, executive compensation