What compensation does the 336-share award represent for PFSI’s director?

The 336-share award represents compensation for Sunil Chandra’s services as a non-management director during the previous quarter. Instead of receiving cash, he accepted PennyMac Financial Common Stock at a reported value of $93.03 per share for those board duties.

PennyMac Financial (NYSE: PFSI) director granted 336-share stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Chandra Sunil reported acquisition or exercise transactions in this Form 4 filing.

PennyMac Financial Services, Inc. director Sunil Chandra received an equity award of 336 shares of Common Stock valued at $93.03 per share. The shares were issued in lieu of cash compensation for services as a non-management director during the previous quarter and are exempt under Rule 16b-3.

After this award, Chandra directly holds 4,771 shares of Common Stock. A related footnote states that the reported holdings consist of 1,963 restricted stock units and 2,808 shares of Common Stock, with the units to be settled in an equal number of shares upon vesting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Chandra Sunil

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	336	$93.03	$31K

Holdings After Transaction: Common Stock — 4,771 shares (Direct, null)

Footnotes (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. The reported amount consists of 1,963 restricted stock units and 2,808 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.

Key Figures

Equity award: 336 shares Grant value per share: $93.03 per share Total shares after transaction: 4,771 shares +2 more

5 metrics

Equity award 336 shares Common Stock grant reported on May 7, 2026

Grant value per share $93.03 per share Value used for stock compensation in lieu of cash

Total shares after transaction 4,771 shares Chandra’s direct Common Stock holdings after the award

Restricted stock units 1,963 units RSUs to be settled in equal number of shares upon vesting

Common shares component 2,808 shares Portion of reported holdings as current Common Stock

Key Terms

restricted stock units, Rule 16b-3, non-management director

3 terms

restricted stock units financial

"The reported amount consists of 1,963 restricted stock units and 2,808 shares of Common Stock."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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.

non-management director financial

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

Form 4 Insider Transactions: What Each Field Means →

05/07/2026 - 06:14 PM

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^*

Chandra Sunil

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/07/2026		A		336⁽¹⁾	A	$93.03	4,771⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

2. The reported amount consists of 1,963 restricted stock units and 2,808 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. Chandra	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did PennyMac Financial (PFSI) director Sunil Chandra report on this Form 4?

Director Sunil Chandra reported receiving 336 shares of PennyMac Financial Common Stock as an equity award. The grant was issued in lieu of cash fees for board service during the previous quarter and is treated as an exempt transaction under Rule 16b-3.

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

The Form 4 does not show a market purchase or sale. It reports an acquisition coded as a grant or award, where 336 shares were issued as compensation instead of cash, rather than being bought or sold on the open market.

How many PennyMac Financial (PFSI) shares does Sunil Chandra hold after this grant?

Following the reported transaction, Sunil Chandra directly holds 4,771 shares of PennyMac Financial Common Stock. A related disclosure explains this figure reflects both restricted stock units and already issued shares in his overall reported position.

How are restricted stock units described in this PennyMac Financial Form 4?

The filing notes that the reported amount includes 1,963 restricted stock units. These units will be settled in an equal number of PennyMac Financial Common Stock shares upon vesting, adding to the director’s share ownership over time as they vest.