Form 4: Penumbra Inc. CFO Maggie Yuen Reports Stock Sales and Option Exercise
SEC Form 4 Filing
Chief Financial Officer of Penumbra Inc., Maggie Yuen, reports the sale of common stock and exercise of stock options on March 3rd and 5th, 2025, according to a Form 4 filing.
Summary
- Maggie Yuen, the CFO of Penumbra Inc., reported selling shares of common stock on March 3, 2025.
- The sales were executed in multiple transactions at varying prices, ranging from $283.09 to $288.90 per share.
- A total of 1,950 shares were sold on March 3, 2025.
- On March 5, 2025, Yuen exercised stock options to acquire 900 shares at a price of $158.30 per share.
- Following these transactions, Yuen directly owns 16,143 shares of Penumbra Inc. common stock.
- The sales were conducted under a pre-arranged Rule 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports transactions by an insider, which could be for various personal financial reasons and doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Sale of common stock |
| 03/05/2025 | Exercise of stock options |
| 03/05/2025 | Date of Form 4 filing |
| 12/15/2029 | Expiration date of stock options |
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