Director at PennyMac Mortgage (NYSE: PMT) granted 10,699 shares

Rhea-AI Filing Summary

Lynch Catherine A. reported acquisition or exercise transactions in this Form 4 filing.

PennyMac Mortgage Investment Trust director Catherine A. Lynch received an equity award of 10,699 common shares of beneficial interest as a grant for her service as a trustee. These are structured as restricted share units that vest on the first anniversary of the grant and settle in an equal number of common shares upon vesting. After this award, she beneficially owns a total of 68,343.6494 shares, consisting of 18,494 restricted stock units and 49,849.6494 common shares.

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

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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^*

Lynch Catherine A.

(Last) (First) (Middle)

C/O PENNYMAC MORTGATE 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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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	02/23/2026		A		10,699(1)	A	$0	68,343.6494(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. The Reporting Person was granted restricted share units in connection with her service as a Trustee. The restricted share units, which vest in on the first anniversary of the grant date, are to be settled in an equal number of common shares of beneficial interest upon vesting.

2. The reported amount consists of 18,494 restricted stock units and 49,849.6494 shares of Common Shares. The restricted stock units are to be settled in an equal number of shares of Common Shares upon vesting.

	/s/ Derek W. Stark, attorney-in-fact for Ms. Lynch	02/25/2026
	** 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 did PennyMac Mortgage Investment Trust (PMT) disclose about Catherine Lynch’s latest equity award?

PennyMac Mortgage Investment Trust reported that director Catherine A. Lynch received a grant of 10,699 restricted share units for her service as a trustee. These units will convert into an equal number of common shares of beneficial interest when they vest on the first anniversary of the grant.

How many PennyMac Mortgage Investment Trust (PMT) shares does Catherine Lynch own after this Form 4 transaction?

Following this award, Catherine A. Lynch beneficially owns 68,343.6494 common shares of PennyMac Mortgage Investment Trust. This total includes 18,494 restricted stock units and 49,849.6494 currently held common shares, reflecting both unvested equity awards and existing share ownership in the trust.

Was Catherine Lynch’s PennyMac (PMT) equity grant an open-market purchase or a compensation award?

The transaction was a compensation-related equity award, not an open-market purchase. Catherine A. Lynch received 10,699 restricted share units at no cash cost, granted in connection with her service as a trustee, with settlement in common shares when the units vest after one year.

When do Catherine Lynch’s new PennyMac (PMT) restricted share units vest and settle into shares?

The newly granted restricted share units vest on the first anniversary of the grant date. Once vested, each unit will be settled in one common share of beneficial interest of PennyMac Mortgage Investment Trust, effectively delivering 10,699 additional common shares to Catherine A. Lynch at that time.

How is Catherine Lynch’s total PennyMac (PMT) holding split between restricted units and common shares?

Catherine A. Lynch’s reported beneficial ownership totals 68,343.6494 PennyMac shares. This is composed of 18,494 restricted stock units that will settle into common shares upon vesting, and 49,849.6494 common shares already held, combining unvested awards with existing share positions.