[Form 4] PennyMac Financial Services, Inc. Insider Trading Activity

PennyMac Financial Services, Inc. director Joseph F. Mazzella reported receiving 359 shares of common stock on May 7, 2026.

Rhea-AI Filing Summary

PennyMac Financial Services, Inc. director Joseph F. Mazzella reported receiving 359 shares of common stock on May 7, 2026. These shares were granted at $93.03 per share as equity compensation in lieu of cash for his prior quarter service as a non-management director, and the grant is described as exempt under Rule 16b-3.

Following the grant, Mazzella directly holds 81,905 common shares and indirectly holds 165,031 common shares through the Mazzella Family Irrevocable Trust, reflecting a routine compensation-related acquisition rather than an open-market purchase or sale.

Insider Trade Summary

Grant/Award: 359 shares

Grant/Award 2 txns

Insider MAZZELLA JOSEPH F

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	359	$93.03	$33K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 81,905 shares (Direct); Common Stock — 165,031 shares (Indirect, Mazzella Family Irrevocable Trust)

Footnotes (1)

1. F1. The Reporting Person received these shares in lieu of cash compensation payable for services rendered as a non-management director of Issuer during the previous quarter. The transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.

Key Figures

Shares granted: 359 shares Grant price: $93.03 per share Direct holdings after grant: 81,905 shares +1 more

4 metrics

Shares granted 359 shares Equity award in lieu of cash director fees on May 7, 2026

Grant price $93.03 per share Price for 359-share compensation grant

Direct holdings after grant 81,905 shares Common stock directly owned by Joseph F. Mazzella

Indirect holdings via trust 165,031 shares Common stock held through Mazzella Family Irrevocable Trust

Key Terms

Rule 16b-3, in lieu of cash compensation, non-management director, Mazzella Family Irrevocable Trust

4 terms

Rule 16b-3 regulatory

"The transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

in lieu of cash compensation financial

"received these shares in lieu of cash compensation payable for services rendered"

non-management director financial

"services rendered as a non-management director of Issuer during the previous quarter"

Mazzella Family Irrevocable Trust financial

"nature_of_ownership: Mazzella Family Irrevocable Trust"

FAQ

What did PFSI director Joseph Mazzella report in this Form 4 filing?

He reported receiving 359 PennyMac Financial Services shares as equity compensation. The grant was in lieu of cash for his prior quarter service as a non-management director and is treated as exempt under Rule 16b-3 of the Exchange Act.

Was the PFSI Form 4 transaction a market purchase or sale?

No, the filing shows a compensation-related grant, not a market trade. Joseph Mazzella received 359 common shares at $93.03 per share in lieu of cash fees, categorized as a non-derivative award under transaction code A.

How many PFSI shares does Joseph Mazzella hold after this Form 4 transaction?

After the grant, he directly owns 81,905 common shares. He also has an indirect position of 165,031 common shares held through the Mazzella Family Irrevocable Trust, as disclosed in the holding entry on the same date.

What does transaction code A mean in the PFSI Form 4 for Joseph Mazzella?

Transaction code A indicates a grant, award, or other acquisition of shares. In this case, it reflects 359 PennyMac Financial Services common shares received as stock compensation instead of cash director fees for the previous quarter.

Why were PFSI shares granted to Joseph Mazzella instead of cash?

The filing states he received common shares in lieu of cash compensation for services as a non-management director. This converts his quarterly director fees into equity, aligning part of his compensation with PennyMac Financial Services’ stock performance.

What is the role of the Mazzella Family Irrevocable Trust in this PFSI Form 4?

The Form 4 lists 165,031 common shares as indirectly owned through the Mazzella Family Irrevocable Trust. This entry is classified as a holding, indicating shares associated with Mazzella are held in that trust, separate from his directly owned 81,905 shares.

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Accepted by SEC EDGAR 05/07/2026 - 06:16 PM 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^*

MAZZELLA JOSEPH F

(Last) (First) (Middle)

C/O PENNYMAC FINANCIAL SERVICES, INC.

3043 TOWNSGATE ROAD

(Street)

WESTLAKE VILLAGE CALIFORNIA 91361

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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

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

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

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	05/07/2026		A		359(1)	A	$93.03	81,905	D
Common Stock								165,031	I	Mazzella Family Irrevocable Trust

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. The Reporting Person received these shares in lieu of cash compensation payable for services rendered as a non-management director of Issuer during the previous quarter. The transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.

	/s/ Derek W. Stark, attorney-in-fact for Mr. Mazzella	05/07/2026
	** 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.
* Form 4: SEC 1474 (03-26)