PennyMac president has shares withheld for taxes

PennyMac Mortgage Investment Trust director and president Doug Jones had 2,960 common shares of beneficial interest withheld at $11.89 per share to cover taxes upon the vesting of restricted share units.

Rhea-AI Filing Summary

PennyMac Mortgage Investment Trust director and president Doug Jones had 2,960 common shares of beneficial interest withheld at $11.89 per share to cover taxes upon the vesting of restricted share units. This was a non-market, tax-withholding disposition rather than an open-market sale.

After this transaction, Jones directly holds 98,217 shares in total, consisting of 60,314 restricted share units and 37,903 common shares of beneficial interest, which will be delivered as the units vest.

Insider Trade Summary

Exercise Price or Tax Liability: 2,960 shares

Exercise Price or Tax Liability 1 txn

Insider Jones Doug

Role Director, President & CMBO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Shares of Beneficial Interest	2,960	$11.89	$35K

Holdings After Transaction: Common Shares of Beneficial Interest — 98,217 shares (Direct)

Footnotes (2)

1. F1. Represents shares withheld for taxes upon vesting of restricted share units.
2. F2. The reported amount consists of 60,314 restricted share units and 37,903 Common Shares of beneficial interest. The restricted share units are to be settled in an equal number of Common Shares of beneficial interest upon vesting.

FAQ

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

What did PennyMac (PMT) director Doug Jones report in this Form 4?

Doug Jones reported a tax-withholding disposition of 2,960 common shares of beneficial interest. These shares were withheld by the company to cover taxes due when his restricted share units vested.

Was the PennyMac (PMT) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding transaction, not an open-market sale. Shares were withheld by the issuer to satisfy tax obligations tied to the vesting of restricted share units, a routine compensation-related event.

How many PennyMac (PMT) shares were withheld for Doug Jones’s taxes?

The filing reports 2,960 common shares of beneficial interest withheld at $11.89 per share. This withholding occurred in connection with the vesting of restricted share units granted to Doug Jones as part of his equity compensation.

How many PennyMac (PMT) shares does Doug Jones hold after this Form 4?

After the transaction, Doug Jones directly holds 98,217 shares in total. This consists of 60,314 restricted share units and 37,903 common shares of beneficial interest, with units settling into shares upon vesting.

What is the significance of the restricted share units in the PMT Form 4?

The Form 4 states that 60,314 restricted share units are outstanding for Doug Jones. These units are scheduled to settle in an equal number of common shares of beneficial interest as they vest, providing future share delivery over time.

How is the PennyMac (PMT) Form 4 transaction coded and what does it mean?

The transaction is coded “F”, described as payment of tax liability by delivering securities. This indicates the issuer withheld shares to cover taxes on vesting, rather than Jones choosing to buy or sell shares in the open market.

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

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Accepted by SEC EDGAR 03/16/2026 - 05:42 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^*

Jones Doug

(Last) (First) (Middle)

C/O PENNYMAC MORTGAGE INVESTMENT TRUST

3043 TOWNSGATE ROAD

(Street)

WESTLAKE VILLAGE CA 91361

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PennyMac Mortgage Investment Trust [ PMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Director, President & CMBO

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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 Shares of Beneficial Interest	03/12/2026		F		2,960(1)	D	$11.89	98,217(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)
				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 share units.

2. The reported amount consists of 60,314 restricted share units and 37,903 Common Shares of beneficial interest. The restricted share units are to be settled in an equal number of Common Shares of beneficial interest upon vesting.

	/s/ Derek W. Stark, attorney-in-fact for Mr. Jones	03/16/2026
	** 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.