The sale is small and routine, likely for tax or diversification purposes following RSU vesting. Monitor for any larger insider sales or changes in officer selling patterns, but this filing alone does not signal a change in company outlook.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK BELOW ENTRY AT T+1- T+0 · Oct 29 $51.93entry
- T+1 · 7d ago −8.53%α −8.05% · $47.50
- T+5 · due 13h ago Pending
- T+5 · todayOpen
- T+20 · in 21d Pending
- T+60 · in 3mo Pending
Price Chart
REPLAYWatch the reaction play outHow similar events traded
Executive Summary
Anthony Frey, an officer of Penguin Solutions, filed a Form 144 notice of intent to sell 4,631 shares of common stock, valued at approximately $281,565 based on the filing. The shares were acquired via restricted stock units vested on October 20, 2026. This is a relatively small sale relative to the company's $3.6B market cap and the officer's likely holdings, and is routine for equity compensation.
Key Facts
- Reporting person: Anthony Frey, an officer of Penguin Solutions
- Proposed sale of 4,631 shares of common stock
- Estimated aggregate market value: $281,564.80
- Shares acquired via restricted stock units vested on October 20, 2026
- Proposed sale date: October 29, 2026
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
Financial Impact
Sale of 4,631 shares valued at ~$281,565, representing approximately 0.008% of the company's $3.6B market cap
Risk Factors
- Form 144 is an intent to sell; the actual sale may not occur
- No information on the officer's remaining holdings, so proportionality relative to total position is unknown
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-010482 |
| Document: 0001950047-26-010482-index.html | 0001950047-26-010482 |
| Document: 0001950047-26-010482.txt | 0001950047-26-010482 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Nov 5, 2026 today | SC 13G/A | $38.69 | awaiting T+5 | awaiting T+5 | $37.22 (−3.80%) |
Nov 4, 2026 1d ago | Insider Cluster | $48.48 | awaiting T+5 | awaiting T+5 | $37.22 (+23.23%) |
Nov 4, 2026 1d ago | Institutional Cluster | $48.35 | awaiting T+5 | awaiting T+5 | $37.22 (−23.02%) |
Nov 4, 2026 1d ago | 8-K | $48.35 | awaiting T+5 | awaiting T+5 | $37.22 (−23.02%) |
Nov 3, 2026 2d ago | SC 13D | $53.19 | awaiting T+5 | awaiting T+5 | $37.22 (−30.02%) |
Nov 2, 2026 3d ago | 144 | $53.19 | awaiting T+5 | awaiting T+5 | $37.22 (−30.02%) |
Nov 2, 2026 3d ago | Insider Cluster | $47.50 | awaiting T+5 | awaiting T+5 | $37.22 (+21.64%) |
Nov 2, 2026 3d ago | SC 13D/A | $47.50 | awaiting T+5 | awaiting T+5 | $37.22 (−21.64%) |
Oct 30, 2026 6d ago | Insider Cluster | $47.50 | awaiting T+5 | awaiting T+5 | $37.22 (−21.64%) |
Oct 30, 2026 6d ago | SC 13G/A | $51.93 | awaiting T+5 | awaiting T+5 | $37.22 (−28.33%) |
US Market Status
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