---
title: "Penguin Solutions Insiders Sold Shares Worth Over $1.4M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286322554.md"
description: "Nayyar Sandeep, a Director at Penguin Solutions, sold shares worth over $890,000 in two transactions on May 11 and 12, 2026. He sold 12,893 shares at an average price of $45.0891 and 7,107 shares at $43.48. After these sales, he retains 25,417 shares of common stock. The sales were reported in SEC Form 4, with further trade details available upon request."
datetime: "2026-05-13T21:50:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286322554.md)
  - [en](https://longbridge.com/en/news/286322554.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286322554.md)
---

# Penguin Solutions Insiders Sold Shares Worth Over $1.4M

Nayyar Sandeep, a Director, reported selling shares of Penguin Solutions common stock in two transactions on 2026-05-11 and 2026-05-12. The reporting person sold 12,893 shares on 2026-05-11 at a weighted average price of $45.0891 per share and 7,107 shares on 2026-05-12 at $43.48 per share. The total sale amount reported is $890,346. Following the transactions, the reporting person directly owns 25,417 shares of common stock. The reporting person noted that the 2026-05-11 trade was effected in multiple trades at prices ranging from $45.0004 to $45.2050 and that full trade details will be provided upon request.

Reporter Name

Nayyar Sandeep

Relationship

Director

Type

Sell

Amount

$890,346

SEC Filing

Form 4

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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