Vanguard Portfolio Management LLC filed an amended beneficial ownership statement with the SEC on October 30, 2026, reporting aggregate beneficial ownership of 2,994,044 shares of Penguin Solutions Inc common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Portfolio Management reported holding 2,994,044 shares of Penguin Solutions Inc common stock.
  • Percent of class: The reported position represents 5.84% of the outstanding common stock.
  • Sole voting power: Vanguard Portfolio Management disclosed sole voting power over 46,346 shares.
  • Sole dispositive power: The filing reported sole dispositive power over 2,994,044 shares, with no shared dispositive power.
  • Event date: The filing was triggered by an event dated September 30, 2026.
  • Amendment: This filing is designated Amendment No. 1 to a prior statement.

Vanguard Portfolio Management's Reported Position in Penguin Solutions

According to the filing, Vanguard Portfolio Management LLC, organized in Pennsylvania and headquartered at 100 Vanguard Blvd, Malvern, PA 19355, disclosed beneficial ownership of 2,994,044 shares of common stock in Penguin Solutions Inc (NASDAQ:PENG), a technology company with principal executive offices at 45800 Northport Loop W, Fremont, CA 94538. The filing represents Amendment No. 1 to a prior Schedule 13G, with the triggering event dated September 30, 2026.

The filing indicates that Vanguard Portfolio Management holds sole dispositive power over the entire 2,994,044-share position, while sole voting power is limited to 46,346 shares. Shared voting power and shared dispositive power are each reported as zero. The filing notes, in accordance with SEC Release No. 34-39538 (January 12, 1998), that the reported securities include those "beneficially owned, or deemed to be beneficially owned," by Vanguard Portfolio Management LLC and its affiliates Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC.

The filing further states that Vanguard Portfolio Management, "including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein," and that "no one other person's interest in the securities reported herein is more than 5%." The statement was signed by My Trieu-Gatt, identified as Authorized Signatory and Head of Global Fund Administration for Vanguard Portfolio Management, on October 30, 2026.

What Was Disclosed

Vanguard Portfolio Management LLC filed an amended beneficial ownership statement reporting 2,994,044 shares, or 5.84%, of Penguin Solutions Inc common stock as of September 30, 2026, with sole dispositive power over the full position and sole voting power over 46,346 shares.