Joseph Gates Clark sold $609K of Penguin Solutions, Inc. (PENG) stock

Joseph Gates Clark, SVP and Pres, Optimized LED of Penguin Solutions, Inc. (PENG), sold 10,351 shares of PENG stock worth $609K, per an SEC Form 4 filed Jun 2, 2026.

The sale was pre-arranged (a 10b5-1 plan or an option exercise), not a fresh decision.

The trade happened on Jun 1, 2026, 1 day before it was made public.

PENG has moved -8.0% since the trade date, from $59.71 to $54.91 (Sep 21, 2026 close).