| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PEN | Common Stock | Options Exercise | $839K | +28K | +53.29% | $30.00 | 80.5K | Apr 16, 2025 | Direct | |
| transaction | PEN | Common Stock | Sale | -$610K | -2.24K | -2.79% | $271.88 | 78.2K | Apr 16, 2025 | Direct | F1, F2 |
| transaction | PEN | Common Stock | Sale | -$709K | -2.6K | -3.32% | $272.83 | 75.6K | Apr 16, 2025 | Direct | F1, F3 |
| transaction | PEN | Common Stock | Sale | -$649K | -2.37K | -3.14% | $273.56 | 73.3K | Apr 16, 2025 | Direct | F1, F4 |
| transaction | PEN | Common Stock | Sale | -$1.06M | -3.86K | -5.27% | $275.00 | 69.4K | Apr 16, 2025 | Direct | F1, F5 |
| transaction | PEN | Common Stock | Sale | -$1.18M | -4.28K | -6.17% | $275.80 | 65.1K | Apr 16, 2025 | Direct | F1, F6 |
| transaction | PEN | Common Stock | Sale | -$305K | -1.11K | -1.7% | $276.47 | 64K | Apr 16, 2025 | Direct | F1, F7 |
| transaction | PEN | Common Stock | Sale | -$27.7K | -100 | -0.16% | $277.30 | 63.9K | Apr 16, 2025 | Direct | F1 |
| holding | PEN | Common Stock | 838K | Apr 16, 2025 | By Trust | F8 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PEN | Stock Option (right to buy) | Options Exercise | $0 | -28K | -9.09% | $0.00 | 280K | Apr 16, 2025 | Common Stock | 28K | $30.00 | Direct | F9 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan. The Reporting Person entered into the Rule 10b5-1 trading plan in connection with the expiration of certain stock options held by the Reporting Person and related sales of shares to satisfy the exercise price and tax withholding obligations upon the exercise of such stock options. |
| F2 | This transaction was executed in multiple trades at prices ranging from $271.29 to $272.24. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. |
| F3 | This transaction was executed in multiple trades at prices ranging from $272.33 to $273.28. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. |
| F4 | This transaction was executed in multiple trades at prices ranging from $273.31 to $274.16. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. |
| F5 | This transaction was executed in multiple trades at prices ranging from $274.40 to $275.28. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. |
| F6 | This transaction was executed in multiple trades at prices ranging from $275.29 to $276.25. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. |
| F7 | This transaction was executed in multiple trades at prices ranging from $276.31 to $276.77. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. |
| F8 | Shares are held by the Siegel/Elsesser Revocable Trust. |
| F9 | All shares are vested and exercisable. |