PennyMac CEO has 3,106 shares withheld for taxes

PennyMac Financial Services Chairman & CEO David Spector reported a tax-related share disposition.

Rhea-AI Filing Summary

PennyMac Financial Services Chairman & CEO David Spector reported a tax-related share disposition. On February 24, 2026, 3,106 shares of Common Stock were withheld at $90.33 per share to cover taxes upon vesting of restricted stock units. After this withholding, he directly holds 544,934 shares, consisting of 43,998 restricted stock units and 500,936 shares of Common Stock to be or already settled in stock upon vesting. He also has an indirect holding of 90,604 shares through ST Family Investment Company LLC, with no specific transaction reported for that indirect position in this filing.

Insider Trade Summary

Exercise Price or Tax Liability: 3,106 shares

Exercise Price or Tax Liability 2 txns

Insider SPECTOR DAVID

Role Chairman & CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	3,106	$90.33	$281K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 544,934 shares (Direct); Common Stock — 90,604 shares (Indirect, ST Family Investment Company LLC)

Footnotes (2)

1. F1. Represents shares withheld for taxes upon vesting of restricted stock units.
2. F2. The reported amount consists of 43,998 restricted stock units and 500,936 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 (PFSI) report for David Spector?

PennyMac (PFSI) reported that Chairman & CEO David Spector had 3,106 Common Stock shares withheld to cover taxes upon restricted stock unit vesting. This was a tax-withholding disposition, not an open-market sale, and reflects standard equity compensation treatment.

At what price were David Spector’s PFSI shares withheld for taxes?

The 3,106 PennyMac (PFSI) shares withheld for David Spector’s taxes were valued at $90.33 per share. This valuation applies to the tax-withholding event tied to restricted stock unit vesting, not to a discretionary market purchase or sale transaction.

How many PFSI shares does David Spector hold directly after this Form 4?

After the tax-withholding event, David Spector directly holds 544,934 PennyMac (PFSI) shares. This consists of 43,998 restricted stock units and 500,936 shares of Common Stock, with the units settling in an equal number of shares upon vesting.

What indirect PennyMac (PFSI) holdings are associated with David Spector?

David Spector has an indirect interest in 90,604 PennyMac (PFSI) shares held through ST Family Investment Company LLC. The Form 4 lists this as indirect ownership, and does not specify any new transaction affecting that indirect position in this filing.

Was David Spector’s PFSI Form 4 a market sale of shares?

The Form 4 describes a tax-withholding disposition, not a market sale. Shares were withheld to satisfy tax obligations when restricted stock units vested, which is a common administrative step in equity compensation rather than an elective sale into the market.

What equity components make up David Spector’s direct PFSI stake?

David Spector’s direct PennyMac (PFSI) stake includes 43,998 restricted stock units and 500,936 shares of Common Stock. The restricted stock units are scheduled to settle into an equal number of common shares as they vest over time under the award terms.

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

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Accepted by SEC EDGAR 02/26/2026 - 08:01 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^*

SPECTOR DAVID

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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	02/24/2026		F		3,106(1)	D	$90.33	544,934(2)	D
Common Stock								90,604	I	ST Family Investment Company LLC

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 stock units.

2. The reported amount consists of 43,998 restricted stock units and 500,936 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. Spector	02/26/2026
	** 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.