PENG Form 3 Filing: Officer/Director Reports Zero Beneficial Ownership

Rhea-AI Filing Summary

Penguin Solutions, Inc. (PENG) filed an initial Form 3 reporting Anthony George Frey as a director and as SVP and Chief Revenue Officer. The filing states the event date 08/25/2025 and explicitly declares that no securities are beneficially owned by the reporting person. The filing is signed by an attorney-in-fact on 08/27/2025 and includes an exhibit: Exhibit 24.1 - Power of Attorney.

Positive

• Initial disclosure filed for a senior officer/director (Form 3)
• Clear statement that no securities are beneficially owned, reducing ambiguity
• Includes Power of Attorney (Exhibit 24.1) and a signed filing

Negative

• Reporting person holds no equity, so no immediate insider ownership alignment is disclosed
• No securities reported means no stake to signal confidence in the issuer

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Frey Anthony George

(Last) (First) (Middle)

C/O PENGUIN SOLUTIONS, INC.

1390 MCCARTHY BOULEVARD

(Street)

MILPITAS CA 95035

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/25/2025

3. Issuer Name and Ticker or Trading Symbol
Penguin Solutions, Inc. [ PENG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and Chief Revenue Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit 24.1 - Power of Attorney

No securities are beneficially owned.

	/s/ Anne Kuykendall as attorney-in-fact for Anthony George Frey	08/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Form 3 for Penguin Solutions (PENG) filed 08/27/2025 disclose?

The Form 3 names Anthony George Frey as a director and SVP and Chief Revenue Officer and states he beneficially owns no securities; the event date is 08/25/2025.

Does the filing show any shares or options owned by Anthony George Frey?

No. The filing explicitly states no securities are beneficially owned by the reporting person.

Who signed the Form 3 for Anthony George Frey?

The form is signed /s/ Anne Kuykendall as attorney-in-fact for Anthony George Frey with signature date 08/27/2025.

Is there any exhibit attached to the Form 3?

Yes. The filing lists Exhibit 24.1 - Power of Attorney.

What is the reporting person's relationship to the issuer?

The filing identifies the reporting person as a director and an officer (SVP and Chief Revenue Officer).