PFSI Insider Notice: 20,000 Shares to Be Sold via Goldman Sachs

Rhea-AI Filing Summary

PennyMac Financial Services, Inc. (PFSI) notice reports a proposed sale of 20,000 common shares through Goldman Sachs & Co. LLC on 09/23/2025 with an aggregate market value of $2,462,600. The issuer has 51,710,032 shares outstanding per the form. The shares to be sold were acquired as a gift from David Spector on 06/11/2013, with the donor having acquired them on 08/01/2008. The filing also discloses two recent sales by ST Family Investment Company LLC of 5,000 shares each on 07/07/2025 and 08/18/2025 generating gross proceeds of $503,522 and $528,155.50, respectively. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.

Positive

• Full disclosure of proposed sale details including broker, quantity, acquisition history, and recent sales supports regulatory transparency
• Use of a major broker (Goldman Sachs) suggests orderly execution and reduced execution risk

Negative

• Insider-related selling activity was reported (20,000 proposed plus 10,000 recently sold), which some investors may view negatively despite small size
• Filing lacks signature/plan dates in the presented fields, limiting clarity on Rule 10b5-1 reliance or formal trading-plan timing

Insights

Securities Analyst

TL;DR: Routine Form 144 disclosing intended sale of 20,000 shares; recent small insider-related sales were reported.

The filing documents a proposed sale representing approximately 0.039% of the issuer's outstanding shares, indicating a limited direct market impact. The use of a major broker, Goldman Sachs, is standard for executing block sales and supports orderly disposition. Recent sales by a related entity totaling 10,000 shares over the last two months suggest ongoing, modest liquidation activity tied to the same beneficial ownership group. There is no earnings or operational information in the filing to alter the company’s financial outlook.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 mechanics; transaction is routine and not material to corporate control.

The notice provides required disclosure elements: class, broker, quantity, acquisition history, and recent sales. The shares were acquired as a gift and prior sales by a related entity are reported, which is important for transparency around aggregation obligations under Rule 144. No dates for signature or plan adoption are provided in the form fields presented, but the seller includes the statutory representation regarding possession of material nonpublic information. From a governance perspective, the filing reflects compliance with trade reporting obligations rather than a governance change.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	20000	2462600	51710032	09/23/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/11/2013	Acquired as a gift	David Spector		08/01/2008	20000	06/11/2013	NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ST Family Investment Company LLC 3043 Townsgate Road Westlake Village CA 91361	Common	08/18/2025	5000	528155.5
ST Family Investment Company LLC 3043 Townsgate Road Westlake Village CA 91361	Common	07/07/2025	5000	503522

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for PFSI announce?

The form discloses a proposed sale of 20,000 common shares of PFSI through Goldman Sachs scheduled for 09/23/2025 with aggregate market value $2,462,600.

How many shares of PFSI are outstanding according to the filing?

The filing lists 51,710,032 shares outstanding.

Who originally acquired the shares to be sold and how?

The 20,000 shares were acquired as a gift from David Spector on 06/11/2013; the donor acquired them on 08/01/2008.

Were there any recent related sales reported in the filing?

Yes. ST Family Investment Company LLC sold 5,000 shares on 07/07/2025 for $503,522 and 5,000 shares on 08/18/2025 for $528,155.50.

Does this Form 144 indicate possession of undisclosed material information?

The filer represents by signing the notice that they do not know any material adverse information not publicly disclosed.