Form 4: Penumbra Inc. Director Thomas Wilder Sells Shares Under 10b5-1 Trading Plan

Director Thomas Wilder sold 360 shares of Penumbra Inc. common stock on March 31, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On March 31, 2025, Thomas Wilder, a director of Penumbra Inc., sold 360 shares of common stock at a price of $264.58 per share.
• The sale was executed under a Rule 10b5-1 trading plan.
• Following the transaction, Wilder directly owns 1,077 shares, a portion of which is subject to vesting.
• Wilder also indirectly owns 4,533 shares through the Thomas and Catharine Wilder Family Trust dated March 31, 2006.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a stock sale by a director under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for corporate insiders to set up 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares sold.

Key Dates

Keywords

Form 4, Penumbra Inc, Thomas Wilder, stock sale, Rule 10b5-1, director, insider trading