{"filings":[{"id":499796,"accession_number":"0001616533-26-000036","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2026-05-18T20:24:08+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Penguin Solutions appoints David Heard (Nokia exec) to board of directors","event_type":"leadership","confidence":"high","bullets":["David Heard, President of Network Infrastructure at Nokia, appointed to board, effective May 18, 2026.","Board size increased to eight members; Heard named Class I director with term through 2029 annual meeting.","Heard granted 4,485 RSUs vesting over ~1.5 years under standard independent director compensation.","Heard brings experience scaling optical networking and AI infrastructure; previously CEO of Infinera.","No material relationships requiring disclosure; Board determined Heard independent per Nasdaq rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94108,"accession_number":"0001616533-26-000028","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2026-04-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Penguin Solutions Q2 FY2026: net sales $343M, GAAP EPS $0.58; raises FY outlook","event_type":"earnings","confidence":"high","bullets":["Net sales $343M (-6% YoY); GAAP diluted EPS $0.58 vs $0.09; non-GAAP EPS $0.52 (unchanged).","Integrated Memory segment net sales $171.6M (+63% YoY); Advanced Computing $115.7M (-42% YoY).","Added five AI/HPC customers including a Tier One financial institution deploying MemoryAI CXL server.","Raised full-year net sales and EPS guidance; CEO cites strong memory demand and AI factory buildouts.","Non-GAAP gross margin 31.2% (+40 bps YoY); GAAP gross margin 27.3% (-130 bps YoY)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":686070000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94107,"accession_number":"0001193125-26-135770","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2026-04-01T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Penguin Solutions completes sale of remaining 19% stake in Zilia Technologies for $46.08M","event_type":"m_and_a","confidence":"high","bullets":["Sold remaining 19% interest in Zilia Technologies to Lexar Europe B.V. for $46.08 million.","Transaction closed on March 30, 2026; Penguin Solutions no longer holds any interest in Zilia.","Buyer previously acquired 81% of Zilia in November 2023; Zilia now wholly owned by Lexar Europe.","Zilia assembles and tests memory modules for electronics manufacturers selling to Brazilian consumers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106237,"accession_number":"0001616533-26-000013","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2026-02-11T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Penguin Solutions annual meeting: Papermaster elected, auditor ratified, say-on-pay approved","event_type":"other","confidence":"high","bullets":["At Feb 6, 2026 annual meeting, 86.30% of voting power represented; Mark Papermaster elected as Class I director with 42.97M votes for.","Ratification of Deloitte & Touche as independent auditor for FY ending Aug 28, 2026 passed with 50.1M for, 0.47M against.","Non-binding advisory vote on named executive officer compensation approved with 43.63M for, 1.31M against (excl. broker non-votes).","Broker non-votes totaled 5.59M shares on director election and say-on-pay proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106236,"accession_number":"0001193125-26-033616","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2026-02-02T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Penguin Solutions CEO Mark Adams retires; Kash Shaikh appointed as new CEO effective Feb 2, 2026","event_type":"leadership","confidence":"high","bullets":["Mark Adams resigned as President & CEO and Board member effective Feb 1, 2026; will serve as advisor for 9 months at $24,722/month.","Kash Shaikh appointed President & CEO and Class III director effective Feb 2, 2026; previously CEO of Securonix.","Shaikh's compensation: $890k base salary, 125% target bonus, $2M sign-on bonus, and RSU/PSU equity grants.","Equity awards include 238,188 time-based RSUs, 137,898 supplemental RSUs, 137,898 TSR PSUs, and 238,188 stock price PSUs.","Transition agreement includes continued vesting of Adams' time-based equity awards during consulting period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106235,"accession_number":"0001616533-26-000008","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2026-01-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Penguin Solutions Q1 FY2026 rev $343M (+1%), GAAP EPS $0.04, announces $46M divestiture of Brazil memory business","event_type":"earnings","confidence":"high","bullets":["Net sales $343M (+1% YoY); GAAP diluted EPS $0.04 (vs $0.10 prior); Non-GAAP diluted EPS $0.49 (flat).","GAAP gross margin 28.0% (down 70bps); Non-GAAP gross margin 30.0% (down 80bps).","Divestiture: Selling remaining 19% stake in Zilia Technologies for $46.08M; expected close by March 30, 2026.","Segment net sales: Advanced Computing $151M (down 15%), Integrated Memory $137M (up 41%), Optimized LED $55M (down 18%)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":343071000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122535,"accession_number":"0001193125-25-337077","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2025-12-30T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Penguin Solutions agrees to sell remaining 19% stake in Zilia for $46.08M","event_type":"m_and_a","confidence":"high","bullets":["Seller (SMART Modular Technologies) will sell 19% interest in Zilia Technologies to Lexar Europe B.V. for $46.08 million.","Buyer already owns 81% of Zilia; after closing, Zilia becomes wholly owned by Buyer.","Closing expected by March 30, 2026, with extension to April 28, 2026 if approvals delayed.","Penguin Solutions will hold no further stake in Zilia after the transaction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122534,"accession_number":"0001616533-25-000057","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2025-10-07T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Penguin Solutions FY25 net sales +17% to $1.37B; GAAP EPS $0.28 vs ($0.85); $75M buyback authorized.","event_type":"earnings","confidence":"high","bullets":["FY25 net sales $1.37B (+17% YoY); GAAP diluted EPS $0.28 vs $(0.85) loss in FY24.","Non-GAAP diluted EPS $1.90, up 53% from $1.25; Q4 non-GAAP EPS $0.43 vs $0.37.","Q4 net sales $338M (+9% YoY); GAAP EPS $0.11 vs $(0.46) loss; AdvComp $138M, IntMem $132M, OptLED $67M.","Board approved $75M stock repurchase authorization; total authorizations $225M; no expiration."],"consensus_eps_estimate":null,"consensus_eps_actual":0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":1368794000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139231,"accession_number":"0001193125-25-167288","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2025-07-29T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Penguin Solutions appoints new CRO and SVP of Strategy; Advanced Computing president departs","event_type":"leadership","confidence":"high","bullets":["Tony Frey appointed SVP and Chief Revenue Officer, effective Aug 25, 2025, overseeing global sales for Advanced Computing and Integrated Memory.","Ted Gillick appointed SVP of Strategy and Corporate Development, effective Aug 4, 2025; previously led M&A at Dell Technologies.","Pete Manca ceased as SVP and President of Advanced Computing; role eliminated in organizational restructuring.","New leaders join as part of transformation to an AI Infrastructure Solutions company structure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139230,"accession_number":"0001628280-25-034510","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2025-07-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Penguin Solutions Q3 net sales $324M (+7.9% YoY), Non-GAAP EPS $0.47 vs $0.37; raises FY EPS outlook","event_type":"earnings","confidence":"high","bullets":["Net sales $324M, up 7.9% YoY; GAAP diluted EPS $(0.01) vs $0.10; Non-GAAP diluted EPS $0.47 vs $0.37.","Advanced Computing segment sales $132.5M, Integrated Memory $130.1M, Optimized LED $61.6M.","Company raises midpoint of full-year GAAP and Non-GAAP diluted EPS outlook.","After Q3 close, strengthened balance sheet through refinancing.","CEO cites solid results, focus on AI software/services and go-to-market expansion."],"consensus_eps_estimate":null,"consensus_eps_actual":0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":1030872000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156784,"accession_number":"0001193125-25-152807","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K12B","filed_at":"2025-06-30T23:59:59+00:00","items":["1.01","2.03","3.02","3.03","5.03","5.01","5.02","8.01","7.01","9.01"],"status":"ready","headline":"Penguin Solutions completes redomiciliation from Cayman Islands to Delaware; trading as PENG from July 1","event_type":"other_material","confidence":"high","bullets":["Each Cayman ordinary and preferred share exchanged 1:1 for Delaware common and convertible preferred stock.","Delaware parent fully and unconditionally guarantees $250M 2.25% 2026, $150M 2.000% 2029, and $200M 2.00% 2030 convertible notes.","Same board, executive officers, equity plans, and director compensation continued post-redomiciliation.","Amended and restated certificate of incorporation and bylaws effective; preferred stock terms set in certificate of designation.","Press release issued June 30 announcing completion of scheme of arrangement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156787,"accession_number":"0001193125-25-147869","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2025-06-26T23:59:59+00:00","items":["1.01","1.02","2.03","7.01","9.01"],"status":"ready","headline":"Penguin Solutions refinances with $400M revolver; reduces funded debt by $200M, extends maturity to 2030","event_type":"debt","confidence":"high","bullets":["Closed $400M revolving credit facility to replace $300M Term Loan A and $250M Revolver due 2027.","Borrowed $100M under new facility; used $200M cash to repay $300M outstanding, cutting funded debt by $200M.","New facility matures 2030 (extended from 2027); initial interest rate SOFR+1.75%.","JPMorgan led with BofA, Citizens, PNC, Santander as joint lead arrangers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156786,"accession_number":"0001193125-25-142059","cik":1616533,"company_name":"Penguin Solutions, Inc.","ticker":"PENG","form_type":"8-K","filed_at":"2025-06-17T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Penguin Solutions shareholders approve Cayman-to-US redomiciliation scheme","event_type":"other_material","confidence":"high","bullets":["Scheme of Arrangement approved by 92.25% of nominal value of shares voted at June 16, 2025 meeting.","Total 38,877,233 shares voted (73.35% of outstanding), with 35,865,957 for and 3,011,276 against.","Court sanction hearing set for June 25, 2025 at 9:30 a.m. Cayman time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}