{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-284987","form_type":"8-K","ticker":"PENG","cik":"0001616533","company_name":"Penguin Solutions, Inc.","filed_at":"2021-09-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.871109+00:00","generated_at":"2026-06-29T01:01:02.986139+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"SGH appoints Penny Herscher as independent director, effective Sept. 24, 2021","bullets":["Herscher joins the Board and the Nominating and Corporate Governance Committee.","She receives $60,000 annual cash retainer for Board service and $5,000 for committee service.","Herscher is chair of Lumentum Holdings Inc. board and former CEO of First Rain, Cadence EVP/CMO.","CEO Mark Adams cited Herscher's experience and diverse background as adding value to drive growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-284987","json":"https://secwatch.observer/filing/0001193125-21-284987.json","markdown":"https://secwatch.observer/filing/0001193125-21-284987.md","text":"https://secwatch.observer/filing/0001193125-21-284987.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1616533/000119312521284987/0001193125-21-284987-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1616533/000119312521284987/d208773d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T01:01:02.986139+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"89ed41db9a","claim":"Penelope Herscher was appointed as Director at Penguin Solutions, Inc..","evidence_excerpt":"On September 24, 2021, the Board of Directors (the “Board”) of SMART Global Holdings, Inc., a Cayman Islands exempted company, appointed Penelope Herscher to the Board, effective September 24, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1616533/000119312521284987/0001193125-21-284987-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}