PUMA MARY G 4

What Happened

Mary G Puma, a director of Penguin Solutions, Inc. (PENG), received an award of 10,034 restricted stock units (RSUs) on February 6, 2026. The units were granted at a $0.00 acquisition price (total reported value $0). This was an equity compensation grant (transaction code A), not a purchase or sale of existing shares.

Key Details

• Transaction date: February 6, 2026; reported on Form 4 filed February 10, 2026.
• Transaction type/code: Award/Grant (A). Price reported: $0.00; total cash value reported: $0.
• Shares awarded: 10,034 restricted stock units.
• Shares owned after transaction: not specified in the filing.
• Footnote: The RSUs vest in full on the earlier of February 6, 2027 or the date of the annual meeting at which the reporting person's term expires, subject to continued service through the vesting date (see footnote F1).
• No 10b5‑1 plan, tax-withholding sale, or other selling/ buying plan is indicated in the filing.

Context

Restricted stock units are a form of compensation that convert to actual shares only upon vesting; they carry no immediate purchase cost to the recipient and do not reflect an open‑market buy or sell. Director RSU grants are common as compensation and should be viewed as compensation-related rather than a direct trading signal. The filing simply discloses the grant and vesting terms; it does not by itself indicate the director’s market sentiment.