Form 4 for PENG Penguin Solutions, Inc.
Accepted 2026-02-04 00:00:00 ET · period of report 2026-02-02 · accession 0002108723-26-000006 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-02-04 | 2026-02-02 | PENG | Shaikh Kashif | Pres, CEO, Dir | A - Grant | $0.00 | +376.1K | 376.1K | New | $0 |
| D | 2026-02-04 | 2026-02-02 | PENG | Shaikh Kashif | Pres, CEO, Dir | A - Grant | $0.00 | +238.2K | 238.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-02-02 | A | A | 238,188 | $0.00 | 238,188 | D | — | — | (F1) Represents time-based restricted stock units ("RSUs") that will vest as to 25% on April 20, 2027, with the remainder vesting quarterly thereafter in 12 equal installments, subject to the recipient's continued service through each applicable vesting date. |
| 2 | Common | Common Stock | 2026-02-02 | A | A | 137,898 | $0.00 | 376,086 | D | — | — | (F1) Represents time-based restricted stock units ("RSUs") that will vest as to 25% on April 20, 2027, with the remainder vesting quarterly thereafter in 12 equal installments, subject to the recipient's continued service through each applicable vesting date. |
| 3 | Derivative | Performance-Based Restricted Stock Units | 2026-02-02 | A | A | 238,188 | $0.00 | 238,188 | D | — · — to — | 238,188 Common Stock | (F2) Grant of performance-based RSUs ("PSUs") which represents the contingent right to receive a number of shares of the Issuer's common stock that is between 0% and 200% of the number of PSUs, with a four-year performance period beginning on the grant date and vesting upon certification by the Compensation Committee of the Issuer's Board of Directors that the 30-trading-day average closing price of the Issuer's common stock has equaled or exceeded stock price appreciation targets of 25%, 50%, 75%, and 100% above the 30-trading-day trailing average closing price of the Issuer's common stock preceding the grant date, with cumulative vesting at each level of 50%, 100%, 150%, and 200% of the number of PSUs, respectively. No PSUs will vest before the first regularly scheduled Compensation Committee meeting on or after the second anniversary of the grant date, and vesting is subject to the recipient's continued service through the applicable achievement certification date. |