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Penguin Solutions: departure or appointment of directors and officers

Form 8-K filed Nov 4, 2026 · items 5.02, 7.01, 8.01

Mergers and acquisitionsPenguin Solutions Announces Agreement to Sell Cree LED to Transom Capital Group

What the filing says

In connection with the Transaction (as defined below) described under Item 8.01 below, Joseph Clark, President of Optimized LED, will cease to serve as an executive officer of Penguin Solutions, Inc., a Delaware corporation (the “Company”), effective upon the closing of the Transaction. Clark is employed by the Busines

Read the filing on SEC EDGAR →

What usually followsAcross 39,174 8-Ks reporting Item 5.02 (directors and officers: departures, appointments, pay) in our universe, the stock's median move the next session was −0.1% (typical size ±1.4%, up 48% of the time); over the following 21 sessions, +0.7%. Item 8.01: +0.1% next session across 44,881. Every item ranked →

What this kind of filing means

Item 5.02 — Departure or appointment of directors and officers. Leadership changes: who leaves, who arrives and on what terms. A sudden CEO or CFO departure without a successor deserves attention.

Penguin Solutions at a glance

Latest quarterQ4 FY26
Revenue$566.7M
Revenue Y/Y+68%
Operating margin12.3%
IndustrySemiconductors & Related Devices

Penguin Solutions, Q4 FY26: revenue $567M (+68% year over year), operating margin 12.3%. The chart follows the revenue to costs, profit and cash.

Penguin Solutions: every quarter, Q/Q and Y/Y, holders and guidance →

Other recent mergers and acquisitions

Read automatically from SEC EDGAR (13F, Form 4, Form 144, Schedule 13D/G, 8-K, XBRL), House and Senate disclosures, FINRA and exchange data; errors are possible. Not investment advice.