PennyMac director receives stock in lieu of cash

NANJI FARHAD reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

NANJI FARHAD reported acquisition or exercise transactions in this Form 4 filing.

PennyMac Financial Services, Inc. director Farhad Nanji received a grant of 379 shares of Common Stock on July 31, 2026 at $82.17 per share, taken in lieu of cash compensation for the prior quarter as a non-management director under an exemption in Rule 16b-3.

After this award, Nanji holds 188,216 shares directly, consisting of 1,963 restricted stock units and 186,253 shares of Common Stock, plus an additional 4,531,792 shares held indirectly through MFN Partners, LP.

Insider Trade Summary

Grant/Award: 379 shares

Grant/Award 2 txns

Insider NANJI FARHAD

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	379	$82.17	$31K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 188,216 shares (Direct); Common Stock — 4,531,792 shares (Indirect, MFN Partners, LP)

Footnotes (2)

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.
2. F2. The reported amount consists of 1,963 restricted stock units and 186,253 of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.

Key Figures

Director stock award: 379 shares of Common Stock Grant price: $82.17 per share Direct holdings after grant: 188,216 shares +3 more

6 metrics

Director stock award 379 shares of Common Stock Grant/award acquisition on July 31, 2026 in lieu of cash compensation

Grant price $82.17 per share Value assigned to the 379-share director compensation grant

Direct holdings after grant 188,216 shares Total direct PennyMac shares held by Farhad Nanji after the July 31, 2026 award

Restricted stock units 1,963 RSUs Portion of direct holdings, to settle into an equal number of shares upon vesting

Direct Common Stock 186,253 shares Directly held PennyMac Common Stock excluding restricted stock units

Indirect holdings via MFN Partners, LP 4,531,792 shares Indirect ownership reported as held through MFN Partners, LP

Key Terms

restricted stock units, in lieu of cash compensation, Rule 16b-3, indirect ownership

4 terms

restricted stock units financial

"The reported amount consists of 1,963 restricted stock units and 186,253 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.

in lieu of cash compensation financial

"The Reporting Person received these shares in lieu of cash compensation payable for services rendered."

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.

indirect ownership financial

"total shares following transaction 4,531,792.0000, direct_or_indirect I, nature MFN Partners, LP"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PennyMac (PFSI) director Farhad Nanji report?

Farhad Nanji reported receiving 379 shares of Common Stock on July 31, 2026. The shares were granted as stock compensation rather than cash fees for serving as a non-management director during the previous quarter.

How large was the stock award to PennyMac (PFSI) director Farhad Nanji and at what price?

The award totaled 379 shares of PennyMac Common Stock at $82.17 per share. This was a grant/award acquisition, not an open-market purchase, and represents compensation for director services in the prior quarter.

How many PennyMac (PFSI) shares does Farhad Nanji hold directly after this transaction?

Following the grant, Farhad Nanji directly holds 188,216 shares. This includes 1,963 restricted stock units, which will convert into an equal number of shares upon vesting, and 186,253 shares of Common Stock.

What are Farhad Nanji’s indirect holdings of PennyMac (PFSI) shares?

In addition to direct holdings, Farhad Nanji has an indirect position of 4,531,792 shares of PennyMac Common Stock. These shares are held through MFN Partners, LP, reflecting ownership via that investment entity rather than personally.

Was the PennyMac (PFSI) director stock grant made under a Rule 10b5-1 trading plan?

The grant was not reported under a Rule 10b5-1 trading plan; the related checkbox is not marked as such. Instead, the award is described as compensation exempt under Rule 16b-3 of the Securities Exchange Act of 1934.

What are the restricted stock units in Farhad Nanji’s PennyMac (PFSI) holdings?

Nanji’s direct holdings include 1,963 restricted stock units (RSUs). According to the disclosure, these RSUs will be settled in an equal number of Common shares upon vesting, adding to his direct stock ownership over time.

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

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Available on EDGAR 08/04/2026 - 05:34 PM Accepted by SEC EDGAR 08/04/2026 - 05:34 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^*

NANJI FARHAD

(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)
07/31/2026

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	07/31/2026		A		379(1)	A	$82.17	188,216(2)	D
Common Stock								4,531,792	I	MFN Partners, LP

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.

2. The reported amount consists of 1,963 restricted stock units and 186,253 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. Nanji	08/04/2026
	** 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)