Penguin Solutions Approves Interim CFO Aaron Johnson's Compensation

Penguin Solutions, Inc. announced the compensatory arrangements for Aaron Johnson, who was previously appointed as interim Chief Financial Officer and principal financial and accounting officer, effective July 9, 2026. The Compensation Committee approved a monthly stipend of $10,000 for his service in this role. Additionally, Mr. Johnson will receive a retention equity grant of 5,153 time-based restricted stock units, with 25% vesting on July 20, 2027, and the remainder vesting in 12 equal quarterly installments thereafter.