PEN.NYSEPenumbra INC

Form 4: Penumbra Inc. Director Thomas Wilder Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Director Thomas Wilder reports acquisition and disposal of Penumbra Inc. common stock, including restricted stock units vesting quarterly.

Summary

  • On February 14, 2025, Thomas Wilder, a director of Penumbra Inc., reported changes in his beneficial ownership of the company's common stock.
  • He acquired 744 shares of common stock and disposed of 1,077 shares.
  • The acquisition of 744 shares was through restricted stock units that vest as to 1/4 on each of March 31, 2025, June 30, 2025, September 30, 2025, and December 31, 2025, subject to continued service as a director.
  • Wilder also has indirect ownership of 4,893 shares held by the Thomas and Catharine Wilder Family Trust dated March 31, 2006.
  • Changes between direct and indirect holdings through the trust are exempt from Section 16 reporting requirements as mere changes in the form of beneficial ownership.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The restricted stock units vest quarterly through December 31, 2025, contingent on continued service as a director.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

  • The disclosure provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
2006-03-31Date of the Thomas and Catharine Wilder Family Trust
2025-02-14Date of the reported transactions
2025-02-19Date of signature for the report
2025-03-31First vesting date for restricted stock units
2025-06-30Second vesting date for restricted stock units
2025-09-30Third vesting date for restricted stock units
2025-12-31Fourth vesting date for restricted stock units

Keywords

beneficial ownership, Form 4, Penumbra Inc, Thomas Wilder, director, stock, restricted stock units, transactions

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