Form 4: Penumbra Inc. Director Surbhi Sarna Reports Acquisition and Disposal of Common Stock

Director Surbhi Sarna of Penumbra Inc. reports acquiring and disposing of common stock, including restricted stock units vesting quarterly through 2025.

Summary

• On February 14, 2025, Surbhi Sarna, a director of Penumbra Inc., reported acquiring 744 shares of common stock at $0 and disposing of 3,704 shares.
• Following these transactions, Ms. Sarna beneficially owns 3,704 shares of Penumbra Inc.
• The acquisition of 744 shares is related to restricted stock units that vest in equal quarterly installments on March 31, 2025, June 30, 2025, September 30, 2025, and December 31, 2025, contingent upon her continued service as a director.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The vesting of restricted stock units indicates continued alignment of the director's interests with the company's performance.

Future Outlook

The director's continued service is tied to the vesting of restricted stock units through December 31, 2025.

Industry Context

This is a standard SEC filing related to changes in beneficial ownership by a company insider, which is common for publicly traded companies.

Stakeholder Impact

• Shareholders are informed about changes in ownership by a company director.

Key Dates

Keywords

Form 4, Penumbra Inc, Surbhi Sarna, Director, Stock, Restricted Stock Units, Beneficial Ownership, Vesting