PennyMac CDO reports tax share withholding

PennyMac Financial Services Chief Digital Officer James Follette reported a tax-related share disposition.

Rhea-AI Filing Summary

PennyMac Financial Services Chief Digital Officer James Follette reported a tax-related share disposition. On this Form 4, 472 shares of Common Stock were withheld at a price of $92.01 per share to cover taxes upon vesting of restricted stock units.

After this withholding, Follette holds a total of 10,691 shares of Common Stock, consisting of 10,017 restricted stock units and 674 directly owned shares, which will be or are settled in an equal number of Common Stock shares upon vesting.

Insider Trade Summary

Exercise Price or Tax Liability: 472 shares

Exercise Price or Tax Liability 1 txn

Insider Follette James

Role Chief Digital Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	472	$92.01	$43K

Holdings After Transaction: Common Stock — 10,691 shares (Direct)

Footnotes (2)

1. F1. Represents shares withheld for taxes upon vesting of restricted share units.
2. F2. The reported amount consists of 10,017 restricted stock units and 674 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PennyMac Financial Services (PFSI) report for James Follette?

PennyMac Financial Services reported a tax-withholding disposition by Chief Digital Officer James Follette. A total of 472 Common Stock shares were withheld to cover taxes upon vesting of restricted stock units, as disclosed in the Form 4 filing and related footnotes.

How many PennyMac Financial Services (PFSI) shares were withheld for James Follette’s taxes?

The filing shows 472 shares of PennyMac Financial Services Common Stock were withheld for taxes. These shares were withheld in connection with the vesting of restricted stock units, rather than sold in an open-market transaction or discretionary sale by the executive.

At what price were James Follette’s PennyMac (PFSI) tax-withheld shares valued?

The 472 tax-withheld shares for James Follette were valued at $92.01 per PennyMac Common Stock share. This price is used to determine the value of shares withheld to satisfy the tax obligation arising from the vesting of restricted stock units granted to him.

How many PennyMac Financial Services (PFSI) shares does James Follette hold after this Form 4 transaction?

After the tax-withholding transaction, James Follette holds 10,691 PennyMac Financial Services shares in total. This amount includes 10,017 restricted stock units and 674 shares of Common Stock, with the restricted stock units to be settled in an equal number of shares upon vesting.

Was James Follette’s PennyMac (PFSI) Form 4 transaction an open-market sale?

The Form 4 indicates the transaction was not an open-market sale. It is coded as a tax-withholding disposition, where 472 shares were withheld by the issuer to satisfy tax obligations triggered when restricted stock units vested, as described in the accompanying footnote.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/18/2026 - 07:49 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

Follette James

(Last) (First) (Middle)

C/O PENNYMAC FINANCIAL SERVICES, INC.

3043 TOWNSGATE ROAD

(Street)

WESTLAKE VILLAGE CA 91361

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PennyMac Financial Services, Inc. [ PFSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Digital Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/14/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/14/2026		F		472(1)	D	$92.01	10,691(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld for taxes upon vesting of restricted share units.

2. The reported amount consists of 10,017 restricted stock units and 674 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.

	/s/ Derek W. Stark, attorney-in-fact for Mr. Follette	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.