Anthony George Frey, SVP and Chief Revenue Officer of Penguin Solutions, Inc., filed a Form 4 on October 30, 2026, disclosing the sale of 4,631 shares of common stock on October 29, 2026, pursuant to a pre-established Rule 10b5-1 plan.

Key Highlights

  • Reporting person: Anthony George Frey, SVP and Chief Revenue Officer of Penguin Solutions, Inc. (NASDAQ:PENG)
  • First sale: 3,131 shares disposed of at a weighted average price of $58.6362, with individual trade prices ranging from $58.150 to $59.145
  • Second sale: 1,500 shares disposed of at a weighted average price of $59.4814, with individual trade prices ranging from $59.200 to $59.790
  • Remaining ownership: 77,853 shares of common stock beneficially owned directly following the reported transactions
  • 10b5-1 plan: Both transactions were made pursuant to a Rule 10b5-1 plan adopted by Frey on July 30, 2026
  • Transaction date: October 29, 2026; filing signed October 30, 2026, by Anne Kuykendall as attorney-in-fact

Anthony George Frey's October 2026 Share Sales Under 10b5-1 Plan

According to the filing, Anthony George Frey, serving as SVP and Chief Revenue Officer of Penguin Solutions, Inc. (NASDAQ:PENG), reported two separate disposals of common stock on October 29, 2026. The first transaction involved 3,131 shares sold at a weighted average price of $58.6362 per share, executed across multiple trades at prices ranging from $58.150 to $59.145. Following that transaction, Frey's directly held beneficial ownership stood at 79,353 shares.

The second transaction, also on October 29, 2026, involved the disposal of an additional 1,500 shares at a weighted average price of $59.4814, with individual trade prices ranging from $59.200 to $59.790. After both transactions were completed, the filing reported Frey's direct beneficial ownership at 77,853 shares of Penguin Solutions common stock.

The filing states that both sales were effected pursuant to a Rule 10b5-1 plan that Frey had previously established on July 30, 2026. The filing also notes that Frey "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." The Form 4 was signed by Anne Kuykendall as attorney-in-fact for Anthony George Frey and filed on October 30, 2026.

What Was Disclosed

Penguin Solutions SVP and Chief Revenue Officer Anthony George Frey disclosed the sale of a combined 4,631 shares of common stock on October 29, 2026, under a pre-established 10b5-1 plan, leaving him with 77,853 directly held shares.