APR 16·Stock Titan→
Affiliate files Form 144: PENG (NASDAQ: PENG) RSUs sale, 5,000 shares
An affiliate of Penguin Solutions, Inc. (NASDAQ: PENG) has filed a Form 144 notice to sell 5,000 shares of common stock, which are tied to Restricted Stock Units dated April 20, 2022. The filing also disclosed recent 10b5-1 sales by the reporting person, including sales of 12,546 shares on April 9, 2026, 10,046 shares on February 24, 2026, and 1,346 shares on February 10, 2026. These transactions were routed through Morgan Stanley Smith Barney LLC.
APR 8·Traders Union▲
MHI turns to Penguin Solutions, Inc. edge platform to power automated picking system
Penguin Solutions, Inc. has partnered with MHI Group, deploying its Stratus ztC Edge platform to power MHI's ΣSynX automated picking system. This collaboration aims to address labor shortages and logistics inefficiencies by ensuring robust stability and uninterrupted real-time data flow. Penguin Solutions recently exceeded financial expectations in Q2, reporting a 31.2 percent non-GAAP gross margin and raising its second-half outlook, further highlighting its expanding role in industrial automation.