PennyMac (PFSI) CRO Tidmore has 204 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PennyMac Financial Services, Inc. Chief Revenue Officer Abbie Tidmore reported a small tax-related share disposition. On the vesting of restricted stock units, 204 shares of Common Stock were withheld at $90.33 per share to cover taxes, a non‑market transaction. After this withholding, Tidmore’s direct holdings total 8,956 shares of Common Stock, consisting of 6,139 restricted stock units and 2,817 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tidmore Abbie
Role
Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 204 | $90.33 | $18K |
Holdings After Transaction:
Common Stock — 8,956 shares (Direct)
Footnotes (1)
- Represents shares withheld for taxes upon vesting of restricted stock units. The reported amount consists of 6,139 restricted stock units and 2,817 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
FAQ
What did PennyMac Financial (PFSI) insider Abbie Tidmore report on this Form 4?
Abbie Tidmore reported a tax-related share disposition. 204 PennyMac Financial Common Stock shares were withheld to cover taxes upon restricted stock unit vesting, a routine non-market transaction that adjusted her direct holdings but did not reflect an open-market sale.
Was the Abbie Tidmore Form 4 transaction in PFSI an open-market sale?
No, the transaction was not an open-market sale. The Form 4 identifies code F, meaning 204 shares were withheld to pay taxes upon restricted stock unit vesting, categorized as a tax-withholding disposition rather than a discretionary sale in the market.
What type of security is involved in Abbie Tidmore’s PennyMac Financial Form 4 filing?
The filing involves PennyMac Financial Common Stock and restricted stock units. 204 Common Stock shares were withheld for taxes, and post-transaction holdings consist of 6,139 restricted stock units and 2,817 Common Stock shares held directly by Abbie Tidmore.
What does transaction code F indicate in the PennyMac Financial (PFSI) Form 4 for Abbie Tidmore?
Transaction code F indicates shares were used to pay tax obligations. In this case, 204 Common Stock shares were withheld to satisfy taxes upon restricted stock unit vesting, described as a payment of tax liability by delivering securities instead of cash.