---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-251467"
form_type: "8-K"
ticker: "PENG"
cik: "0001616533"
company_name: "Penguin Solutions, Inc."
filed_at: "2026-06-01T20:17:28+00:00"
generated_at: "2026-06-01T20:34:41.779913+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Penguin Solutions CFO Nate Olmstead to step down; Aaron Johnson named interim CFO; reaffirms FY2026 guidance at high end

## Summary
- Nate Olmstead resigns as CFO effective July 8, 2026; will not receive severance as departure is voluntary and not due to disagreements.
- Aaron Johnson, VP Finance and Accounting, appointed interim CFO effective July 9, 2026; he brings over 16 years of public company experience.
- Company reaffirms full-year fiscal 2026 outlook; expects net sales and diluted EPS at high end of prior ranges due to agentic AI demand.
- Third quarter fiscal 2026 results scheduled for release on July 7, 2026.

## SEC filing metadata
- accession: 0001193125-26-251467
- form_type: 8-K
- ticker: PENG
- cik: 0001616533
- company_name: Penguin Solutions, Inc.
- filed_at: 2026-06-01T20:17:28+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616533/000119312526251467/0001193125-26-251467-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616533/000119312526251467/d104493d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-251467
- JSON: https://secwatch.observer/filing/0001193125-26-251467.json
- Plain text: https://secwatch.observer/filing/0001193125-26-251467.txt

## Source-grounded claims
- claim_id: 09bd70e908
  claim: Aaron Johnson was appointed as interim CFO at Penguin Solutions, Inc..
  evidence_excerpt: On May 31, 2026, the board of directors of the Company appointed Aaron Johnson, the Company’s Vice President, Finance and Accounting, as interim CFO and as the Company’s principal financial and accounting officer, succeeding Mr. Olmstead in these positions effective as of July 9, 2026, on an interim basis until the Company appoints a successor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616533/000119312526251467/0001193125-26-251467-index.htm
- claim_id: ba208d9ca0
  claim: Nate Olmstead departed as Senior Vice President and Chief Financial Officer at Penguin Solutions, Inc..
  evidence_excerpt: On May 26, 2026, Nate Olmstead notified Penguin Solutions, Inc. (the “Company”) of his decision to resign as the Company’s Senior Vice President and Chief Financial Officer (“CFO”), effective as of July 8, 2026, to pursue another opportunity in a different industry.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616533/000119312526251467/0001193125-26-251467-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.