PennyMac Financial (NYSE: PFSI) CLO has 388 shares withheld for taxes

Rhea-AI Filing Summary

PennyMac Financial Services Chief Legal Officer Derek Stark reported a tax-related share withholding, not an open-market trade. On February 14, 2026, 388 shares of common stock at $92.01 per share were withheld to cover taxes when restricted stock units vested.

After this transaction, Stark directly holds 23,375 shares of PennyMac common stock, consisting of 7,822 restricted stock units and 15,553 shares of common stock, with the restricted units settling in an equal number of shares as they vest.

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

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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^*

STARK DEREK

(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 Legal 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		388(1)	D	$92.01	23,375(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 stock units.

2. The reported amount consists of 7,822 restricted stock units and 15,553 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 Stark	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.

FAQ

What insider transaction did PennyMac Financial (PFSI) report for Derek Stark?

PennyMac Financial reported that Chief Legal Officer Derek Stark had 388 common shares withheld to cover taxes upon vesting of restricted stock units. This is a Form 4 tax-withholding disposition, not an open-market purchase or sale of shares.

Was the PFSI Form 4 for Derek Stark a stock sale on the open market?

No, the PFSI Form 4 shows a tax-withholding disposition, not an open-market sale. 388 shares were withheld by the company at $92.01 per share to satisfy tax obligations when restricted stock units vested.

How many PennyMac Financial (PFSI) shares does Derek Stark hold after this Form 4?

After the reported transaction, Derek Stark directly holds 23,375 PennyMac shares. This total includes 7,822 restricted stock units plus 15,553 shares of common stock, with the restricted units settling in stock as they vest over time.

What does transaction code F mean in the PFSI Form 4 for Derek Stark?

Transaction code F indicates payment of a tax liability by delivering securities. For Derek Stark, 388 common shares were withheld to cover taxes upon vesting of restricted stock units, rather than being sold on the open market to another buyer.

At what price were Derek Stark’s PFSI shares withheld for taxes?

The tax-withholding disposition for Derek Stark’s PennyMac Financial shares was reported at $92.01 per share. A total of 388 common shares were withheld at that price to satisfy tax obligations arising from restricted stock unit vesting.

How are Derek Stark’s restricted stock units in PennyMac Financial (PFSI) settled?

Derek Stark’s 7,822 restricted stock units are to be settled in an equal number of PennyMac common shares upon vesting. As each unit vests, he receives one share, though some shares may be withheld to cover associated tax liabilities.