PennyMac (NYSE: PFSI) CFO trust sale and new Deferred Units detailed

Rhea-AI Filing Summary

PennyMac Financial Services, Inc.'s Chief Financial Officer, Daniel Stanley Perotti, reported several equity transactions involving company securities. A Perotti-related entity, The Perotti Family Trust, completed an open-market sale of 2,925 shares of Common Stock at $93.30 per share, leaving 213,550 Common shares held indirectly after the sale.

Separately, the CFO received a grant of 71 Deferred Units at no cost, each representing the right to one share of Common Stock, which becomes payable upon his termination of employment. In connection with restricted stock unit vesting, 631 Common shares were disposed of to cover taxes, and 71 Common shares were exchanged for an equal number of Deferred Units.

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).

X

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^*

Perotti Daniel Stanley

(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 Financial 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		631(1)	D	$92.01	14,798	D
Common Stock	02/14/2026		D		71	D	$0(2)	14,727(3)	D
Common Stock	02/17/2026		S		2,925	D	$93.3	213,550	I	The Perotti Family Trust

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
Deferred Unit	$0(4)	02/14/2026		A		71		(5)	(5)	Common Stock	71	$0	71	D

Explanation of Responses:

1. Represents shares withheld for taxes upon vesting of restricted stock units.

2. Upon the partial vesting of restricted stock units granted to the Reporting Person February 14, 2025, the Reporting Person deferred the receipt of 71 shares of Common Stock and received instead 71 shares of Deferred Units pursuant to the Company's Executive Deferred Compensation Plan. As a result, the Reporting Person is reporting the disposition of 71 shares of Common Stock in exchange for an equal number of shares of Deferred Units.

3. The reported amount consists of 13,792 restricted stock units and 935 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.

4. Each share of Deferred Units represents a right to receive one share of Common Stock.

5. The Deferred Units become payable upon the Reporting Person's termination of employment with the Company.

	/s/ Derek W. Stark, attorney-in-fact for Mr. Perotti	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 transactions did PennyMac (PFSI) report for its CFO?

PennyMac’s CFO reported an open-market sale of 2,925 Common shares by The Perotti Family Trust, plus equity award activity including a 71-unit Deferred Unit grant and share dispositions tied to restricted stock unit vesting and tax withholding.

How many PennyMac (PFSI) shares did The Perotti Family Trust sell and at what price?

The Perotti Family Trust sold 2,925 shares of PennyMac Common Stock at $93.30 per share. After this open-market transaction, the trust continued to hold 213,550 Common shares attributed indirectly to the CFO through trust ownership.

What Deferred Units did the PennyMac (PFSI) CFO acquire in this Form 4?

The CFO acquired 71 Deferred Units at a price of $0.00 per unit. Each Deferred Unit represents a right to receive one share of Common Stock, becoming payable when his employment with the company terminates under the Executive Deferred Compensation Plan.

How were restricted stock units handled in the PennyMac (PFSI) CFO’s filing?

Upon partial vesting of restricted stock units, 631 Common shares were withheld to satisfy tax obligations. Additionally, 71 vested Common shares were exchanged for 71 Deferred Units, reflecting a deferral election under the company’s Executive Deferred Compensation Plan.

What is the CFO’s reported PennyMac (PFSI) direct equity position after these transactions?

Following these transactions, the CFO reported direct ownership of 14,727 Common shares. This direct position includes 13,792 restricted stock units and 935 shares of Common Stock, with each restricted stock unit settling into one Common share upon vesting.

When do the PennyMac (PFSI) Deferred Units reported by the CFO become payable?

The Deferred Units become payable upon the CFO’s termination of employment with PennyMac. Each Deferred Unit entitles him to receive one share of Common Stock at that time, according to the company’s Executive Deferred Compensation Plan terms.