Penguin Solutions appoints Aaron Johnson as interim CFO; discloses $10K monthly stipend and RSU grant

Penguin Solutions, Inc.

Aaron Johnson appointed interim CFO effective July 9, 2026; Compensation Committee approved arrangements on June 25, 2026.
Monthly stipend of $10,000, prorated for actual time served, excluded from annual incentive plan.
Grant of 5,153 time-based RSUs under 2017 Plan; vests 25% on July 20, 2027, then quarterly over 3 years.
No other new compensatory arrangements in connection with interim CFO role.

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