PennyMac CEO reports tax share withholding

PennyMac Financial Services Chairman & CEO David Spector reported a tax-related share disposition tied to restricted stock vesting.

Rhea-AI Filing Summary

PennyMac Financial Services Chairman & CEO David Spector reported a tax-related share disposition tied to restricted stock vesting. On February 28, 2026, 3,097 shares of Common Stock were withheld at $91.93 per share to cover tax obligations upon vesting of restricted stock units, rather than sold in an open-market trade.

After this withholding, Spector directly owned 541,837 shares of Common Stock, consisting of 37,841 restricted stock units and 503,996 shares. He also had an indirect interest in 90,604 shares held through ST Family Investment Company LLC.

Insider Trade Summary

Exercise Price or Tax Liability: 3,097 shares

Exercise Price or Tax Liability 2 txns

Insider SPECTOR DAVID

Role Chairman & CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	3,097	$91.93	$285K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 541,837 shares (Direct); Common Stock — 90,604 shares (Indirect, ST Family Investment Company LLC)

Footnotes (2)

1. F1. Represents shares withheld for taxes upon vesting of restricted stock units.
2. F2. The reported amount consists of 37,841 restricted stock units and 503,996 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.

FAQ

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

What insider transaction did PennyMac (PFSI) CEO David Spector report?

David Spector reported a tax-withholding disposition of PennyMac (PFSI) Common Stock. On February 28, 2026, 3,097 shares were withheld to satisfy tax obligations arising from the vesting of restricted stock units, rather than through an open-market sale.

How many PennyMac (PFSI) shares were withheld for David Spector’s taxes?

A total of 3,097 PennyMac Common Stock shares were withheld for David Spector’s tax liabilities. The shares were valued at $91.93 per share and relate to the vesting of restricted stock units, as disclosed in the Form 4 footnotes.

What is David Spector’s direct PennyMac (PFSI) share ownership after this Form 4?

After the tax withholding, David Spector directly owned 541,837 shares of PennyMac Common Stock. This amount consists of 37,841 restricted stock units plus 503,996 regular shares, with the units settling into shares upon vesting.

Does David Spector have indirect ownership in PennyMac (PFSI) shares?

Yes. The Form 4 shows indirect ownership of 90,604 shares of PennyMac Common Stock. These shares are held through ST Family Investment Company LLC, which is identified as the nature of indirect ownership in the filing.

Was David Spector’s PennyMac (PFSI) transaction an open-market sale?

No. The Form 4 describes the transaction as a tax-withholding disposition with code “F”. Shares were withheld to pay taxes upon restricted stock unit vesting, not sold in a traditional open-market transaction.

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

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Accepted by SEC EDGAR 03/03/2026 - 06:11 PM EST 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^*

SPECTOR DAVID

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

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	02/28/2026		F		3,097(1)	D	$91.93	541,837(2)	D
Common Stock								90,604	I	ST Family Investment Company LLC

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 37,841 restricted stock units and 503,996 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. Spector	03/03/2026
	** 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.