| Insider | Role | Shares | Value | Buys | Sells |
|---|---|---|---|---|---|
| Date | Ticker | Insider | Role | Type | Shares | Price | Value | Chg% | SEC |
|---|---|---|---|---|---|---|---|---|---|
| Insider | Role | Shares | Value | Buys | Sells |
|---|---|---|---|---|---|
| Date | Ticker | Insider | Role | Type | Shares | Price | Value | Chg% | SEC |
|---|---|---|---|---|---|---|---|---|---|
Director | Executive Chairman | President and CEO
2 companies
Ajay Shah last filed a Form 4 in September 2025, as Director at RDZN. The filings on record cover 2 companies. Ajay Shah's net worth is not public. Form 4 filings only show shares in the companies where this person was an insider, as of the last filing.
Our model assigns Ajay Shah a middling insider score of 68/100, based on 10 past trades. Over a 12-month horizon, 80.0% of those trades were profitable, with an average 12-month return of +22.8%.
At the last filing, the largest reported position was 51,889 shares of PENG. The PENG filings lean toward selling, a net 200,000 shares.
Ajay Shah has 21 Form 4 filings on record from March 2018 to September 2025, across 2 companies: Director at Roadzen (RDZN), 2023–2025; Director at Penguin Solutions (PENG), 2018–2022.
The 37 reported transactions were 10 gifts, 9 tax withholdings, 8 open-market sales and 4 stock awards, plus smaller numbers of other types.
Counted by filing, the open-market trades come to 1 purchase worth about $46K and 4 sales worth about $9.9M.
The only open-market purchase was 15,000 shares of RDZN at an average $3.09 on December 13, 2023, about $46K. Twelve months later RDZN was down 44%.
The largest open-market sale was 100,000 shares of PENG at an average $51.23 on October 28, 2021, about $5.1M. Twelve months later PENG was down 49%.
Shares as reported in the last Form 4 for each company; the most recent is from September 2025. Values use today's prices. Any trades after the last filing were not reported, so current holdings may differ.
| Date | Ticker | Role | Type | Shares | Price | Value | Chg% | 3M | 12M | SEC |
|---|---|---|---|---|---|---|---|---|---|---|
| Dec 13, 2023 | RDZN Roadzen Inc. | Director | Buy | 15,000 | $3.09 | $46,400.00 | +3.2% | +114.5% | -43.9% | |
| Nov 1, 2021 | PENG Penguin Solutions, Inc. | Director | Sell | 25,000 | $53.98 | $1,349,483.73 | -10.1% | +3.0% | -49.3% | |
| Oct 28, 2021 | PENG Penguin Solutions, Inc. | Director | Sell | 100,000 | $51.23 | $5,123,171.61 | -28.8% | +4.7% | -48.7% | |
| Jul 30, 2021 | PENG Penguin Solutions, Inc. | Director | Sell | 25,000 | $46.57 | $1,164,250.00 | -6.7% | +14.5% | -16.2% | |
| Jul 28, 2021 | PENG Penguin Solutions, Inc. | Director | Sell | 50,000 | $45.07 | $2,253,451.77 | -11.8% | +11.2% | -17.3% |