Former Senior Vice President, Penguin Solutions and President, Advanced Computing · Penguin Solutions, Inc. (PENG)

Pete Manca

A named executive officer of Penguin Solutions in every fiscal year CompBrief holds from FY2024 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$2,693,706

FY2024: $5,698,710

Compensation figures as of the proxy filed December 19, 2025 (DEF 14A).

Pete Manca compensation by year

Penguin Solutions Summary Compensation Table · all 2 fiscal years held
In US dollars, as Penguin Solutions reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2024FY2025
Salary$192,308$471,154
Bonus$195,418$0
Stock awards$5,305,281$1,387,235
Option awards$0$0
Non-equity incentive$0$410,106
Pension and deferred compensation$0$0
All other$5,703$425,211
Total$5,698,710$2,693,706

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Penguin Solutions, Inc. DEF 14A filed December 19, 2025, accession 0001616533-25-000073, and prior-year filings. Open the filing on EDGAR.

$5.7M
$2.7M
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU106,042$2,197,190—

Per the Outstanding Equity Awards at Fiscal Year-End table in Penguin Solutions, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments Penguin Solutions discloses, by trigger · FY2024
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Change in control and involuntary termination$1,043,127$4,394,380$35,386$5,472,893
Change in control, no termination$0$2,197,190$0$2,197,190
Involuntary termination without cause$375,000$0$18,013$393,013
Death$0$0$0$2,000,000
Disability$0$0$0$677,235

Per the Potential Payments Upon Termination or Change in Control table in Penguin Solutions, Inc.'s FY2024 proxy. Estimates as the company printed them; a dash means it printed no figure.

Penguin Solutions’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Mark AdamsPresident and Chief Executive Officer$11,711,497
Tony FreySenior Vice President and Chief Revenue Officer$3,333,006
Pete Manca · this pageFormer Senior Vice President, Penguin Solutions and President, Advanced Computing$2,693,706
Anne KuykendallSenior Vice President and Chief Legal Officer$2,418,149
Nate OlmsteadSenior Vice President and Chief Financial Officer$2,303,806
Joseph ClarkSenior Vice President, Penguin Solutions and President, Optimized LED$1,825,108

The full Penguin Solutions compensation record

free company brief

This page is one person within Penguin Solutions's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Penguin Solutions's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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