BlackRock, Inc. Increases Stake in Penguin Solutions, Inc.

BlackRock, Inc. has filed a Schedule 13G/A with the SEC, disclosing an increased stake in Penguin Solutions, Inc. As of September 30, 2025, BlackRock beneficially owns 7,549,038 shares of Penguin Solutions' common stock, representing 14.4% of the total outstanding shares. This filing indicates that BlackRock has sole voting power over 7,425,365 shares and sole dispositive power over all 7,549,038 shares. The filing also notes that the interest of iShares Core S&P Small-Cap ETF in Penguin Solutions' common stock is more than five percent of the total outstanding common stock. The filing was signed by Spencer Fleming, Managing Director of BlackRock, Inc.