Penguin Solutions Inc.

Last updated September 27, 2026

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Organization details

Legal name: Penguin Solutions Inc.
Ownership: Public
Status: Active
Headquarters country: United States
Ticker symbol: PENG
Primary stock exchange: Nasdaq

Identifiers

SEC CIK: 0001616533

Board of directors

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Bryan Ingram · Director
Since 2023
David W. Heard · Director
Since 2026
Kashif Shaikh · Director · President and CEO
Since 2026
Mark Adams · Director · President and CEO
Since 2023
Mark D. Papermaster · Director
Since 2024
Mary G. Puma · Director Overboarded
Since 2023
Maximiliane C. Straub · Director
Since 2023
Min Yong Ha · Director
Since 2024
Penny Herscher · Director
Since 2023
Randy W. Furr · Director
Since 2023
Sandeep Nayyar · Director
Since 2023

Chief executives

Kashif Shaikh · President and CEO

Since February 2026

Mark Adams · President and CEO

Until February 2026 · Former

Board connections

4 of this board's directors also sit on 11 other boards.

Shared director Other board Same sector

Allegro MicroSystems Inc.
via Mary G. Puma
Aviat Networks Inc.
via Bryan Ingram
Axcelis Technologies Inc.
via Mary G. Puma
Cadence Design Systems Inc.
via Mark Adams
Ciena Corporation
via Mary G. Puma
Core Scientific Inc.
via Mark Adams
Entegris Inc.
via Mary G. Puma
Lumentum Holdings Inc.
via Penny Herscher
MACOM Technology Solutions Holdings Inc.
via Bryan Ingram
Nordson Corporation
via Mary G. Puma
Seagate Technology Holdings PLC
via Mark Adams

Insider trades

All notable trades →

From SEC Forms 4 and 5. Open-market purchases and sales are highlighted; grants, option exercises and shares withheld for tax are routine.

Bought, last 12 months: $0; 0 purchases by 0 insiders
Sold, last 12 months: $4,362,025; 34 sales by 4 insiders

Date	Insider	Transaction	Shares	Price	Value
Aug 24, 2026	Kuykendall Anne Officer (SVP and Chief Legal Officer)	Open-market sale	−600	$49.62	$29,774
Aug 24, 2026	Kuykendall Anne Officer (SVP and Chief Legal Officer)	Open-market sale	−3,300	$50.73	$167,393
Aug 24, 2026	Kuykendall Anne Officer (SVP and Chief Legal Officer)	Open-market sale	−100	$51.34	$5,134
Jul 23, 2026	Clark Joseph Gates Officer (SVP and Pres, Optimized LED)	Open-market sale	−1,327	$57.47	$76,263
Jul 22, 2026	Kuykendall Anne Officer (SVP and Chief Legal Officer)	Open-market sale	−739	$56.12	$41,473
Jul 20, 2026	Clark Joseph Gates Officer (SVP and Pres, Optimized LED)	Shares withheld for tax	−2,042	$60.41	$123,357
Jul 20, 2026	Frey Anthony George Officer (SVP and Chief Revenue Officer)	Shares withheld for tax	−532	$60.41	$32,138
Jul 20, 2026	Johnson Aaron Michael Officer (Interim CFO)	Shares withheld for tax	−896	$60.41	$54,127
Jul 20, 2026	Kuykendall Anne Officer (SVP and Chief Legal Officer)	Shares withheld for tax	−3,061	$60.41	$184,915
Jun 15, 2026	Kuykendall Anne Officer (SVP and Chief Legal Officer)	Open-market sale	−200	$62.51	$12,502
Jun 15, 2026	Kuykendall Anne Officer (SVP and Chief Legal Officer)	Open-market sale	−2,104	$64.16	$134,993
Jun 15, 2026	Kuykendall Anne Officer (SVP and Chief Legal Officer)	Open-market sale	−1,596	$64.82	$103,453
Jun 15, 2026	Kuykendall Anne Officer (SVP and Chief Legal Officer)	Open-market sale	−100	$65.63	$6,563
Jun 1, 2026	Clark Joseph Gates Officer (SVP and Pres, Optimized LED)	Open-market sale	−1,000	$55.53	$55,530
Jun 1, 2026	Clark Joseph Gates Officer (SVP and Pres, Optimized LED)	Open-market sale	−1,100	$56.54	$62,194

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