PennyMac CLO has shares withheld for taxes

PennyMac Mortgage Investment Trust Chief Legal Officer Derek Stark reported a tax-related share disposition tied to equity compensation.

Rhea-AI Filing Summary

PennyMac Mortgage Investment Trust Chief Legal Officer Derek Stark reported a tax-related share disposition tied to equity compensation. On the event date, 954 Common Shares of beneficial interest were withheld at $12.15 per share to cover taxes upon the vesting of restricted share units.

After this withholding, Stark’s direct holdings totaled 64,496 Common Shares of beneficial interest. This consists of 22,098 restricted share units and 42,398 Common Shares of beneficial interest, with the restricted share units to be settled in an equal number of common shares upon vesting.

Insider Trade Summary

Exercise Price or Tax Liability: 954 shares

Exercise Price or Tax Liability 1 txn

Insider STARK DEREK

Role Chief Legal Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Shares of Beneficial Interest	954	$12.15	$12K

Holdings After Transaction: Common Shares of Beneficial Interest — 64,496 shares (Direct)

Footnotes (2)

1. F1. Represents shares withheld for taxes upon vesting of restricted share units.
2. F2. The reported amount consists of 22,098 restricted share units and 42,398 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 insider transaction did PennyMac (PMT) disclose for Derek Stark?

PennyMac (PMT) disclosed that Chief Legal Officer Derek Stark had 954 Common Shares of beneficial interest withheld to cover taxes upon vesting of restricted share units. This tax-withholding disposition was reported as a Form 4 insider transaction.

How many PennyMac (PMT) shares were withheld for Derek Stark’s taxes?

A total of 954 Common Shares of beneficial interest were withheld for Derek Stark’s tax obligations upon vesting of restricted share units. The shares were valued at a transaction price of $12.15 per share for this tax-withholding event.

What is Derek Stark’s PennyMac (PMT) shareholding after the tax withholding?

After the tax withholding, Derek Stark directly holds 64,496 Common Shares of beneficial interest in PennyMac (PMT). This amount includes 22,098 restricted share units and 42,398 Common Shares of beneficial interest, with restricted units to settle in shares upon vesting.

How are Derek Stark’s restricted share units in PennyMac (PMT) settled?

Derek Stark’s 22,098 restricted share units in PennyMac (PMT) are scheduled to be settled in an equal number of Common Shares of beneficial interest upon vesting. This means each restricted share unit converts into one common share at vesting.

Was Derek Stark’s PennyMac (PMT) Form 4 transaction an open market sale?

No, Derek Stark’s Form 4 transaction for PennyMac (PMT) was not an open market sale. It reflects 954 shares withheld for taxes upon restricted share unit vesting, categorized as a tax-withholding disposition rather than a discretionary share sale.

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

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Accepted by SEC EDGAR 02/26/2026 - 08:33 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^*

STARK DEREK

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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	02/24/2026		F		954(1)	D	$12.15	64,496(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 22,098 restricted share units and 42,398 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 Stark	02/26/2026
	** 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.