Penguin Solutions, Inc. — Director's Dealing 2025

Jul 18, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Penguin Solutions, Inc. (PENG)
CIK: 0001616533
Period of Report: 2025-07-15

Reporting Person: HERSCHER PENNY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-07-15	Common Stock	S	2046	$25.422	Disposed	18222	Direct
2025-07-17	Common Stock	S	682	$25.0015	Disposed	17540	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4584	Indirect

Footnotes

F1: This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the reporting person on November 7, 2024.

F2: This transaction was executed in multiple trades at prices ranging from $25.35 to $25.50. 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.

F3: This transaction was executed in multiple trades at prices ranging from $25.00 to $25.01. 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: Shares held by the 2001 Herscher Family Trust U/A/D 6/14/2001, for which the reporting person and her spouse serve as co-trustees.