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Penguin Solutions, Inc. Director's Dealing 2025

Jul 22, 2025

31993_dirs_2025-07-22_a9a985a8-8136-433c-9aaa-714c017b2f86.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Penguin Solutions, Inc. (PENG)
CIK: 0001616533
Period of Report: 2025-07-20

Reporting Person: Pacheco Jack A (EVP, COO, Pres, Integrated Mem)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-07-20 Common Stock F 2158 $24.43 Disposed 227231 Direct
2025-07-21 Common Stock M 3447 $9.195 Acquired 230678 Direct
2025-07-21 Common Stock S 3447 $24.8356 Disposed 227231 Direct
2025-07-21 Common Stock M 60000 $10.775 Acquired 287231 Direct
2025-07-21 Common Stock S 60000 $24.8332 Disposed 227231 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-07-21 Employee Stock Option (right to buy) $9.195 M 3447 Disposed 2030-03-12 Common Stock (3447) Direct
2025-07-21 Employee Stock Option (right to buy) $10.775 M 60000 Disposed 2029-01-22 Common Stock (60000) Direct

Footnotes

F1: Reflects shares surrendered to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units. No shares were sold.

F2: This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on April 21, 2025.

F3: This transaction was executed in multiple trades at prices ranging from $24.33 to $25.14. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to
provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

F4: This transaction was executed in multiple trades at prices ranging from $24.25 to $25.13. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to
provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

F5: This option is fully vested and exercisable.