Straub Maximiliane C 4

What Happened

Maximiliane C. Straub, a director of Penguin Solutions, was granted 10,034 restricted stock units (RSUs) on February 6, 2026. The grant was reported on a Form 4 filed February 10, 2026. The award has a grant price of $0.00 (no cash paid) — reported value at grant $0 — and is an equity compensation award rather than a market purchase or sale.

Key Details

• Transaction type: Award/Grant (Code A) — 10,034 RSUs granted on 2026-02-06 at $0.00 per share (total reported value $0).
• Vesting: Scheduled to 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 (see footnote).
• Shares owned after transaction: Not specified in this filing.
• Filing timeliness: Form filed 2026-02-10 for a 2026-02-06 grant — appears to be later than the typical two-business-day Form 4 deadline; late filing can be noted by the SEC and may require amendment or explanation.

Context

RSU grants to directors are a routine form of compensation aimed at aligning directors’ interests with shareholders. They do not reflect an immediate cash purchase or sale; value to the recipient will depend on Penguin Solutions’ stock price when the RSUs vest and are settled. This grant should be viewed as compensation disclosure rather than an immediate market sentiment signal.