PennyMac (PMT) legal chief reports 1,026-share tax withholding on RSU vesting

Rhea-AI Filing Summary

PennyMac Mortgage Investment Trust’s Chief Legal Officer Derek Stark reported a tax-related share disposition. On the vesting of restricted share units, 1,026 Common Shares of beneficial interest were withheld at $12.26 per share to cover taxes. After this withholding, Stark directly holds 63,470 shares, consisting of 20,083 restricted share units and 43,387 Common Shares of beneficial interest.

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

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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^*

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)
02/28/2026

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 Shares of Beneficial Interest	02/28/2026		F		1,026(1)	D	$12.26	63,470(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 20,083 restricted share units and 43,387 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	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.

FAQ

What insider transaction did PMT’s Derek Stark report on this Form 4?

Derek Stark reported a tax-withholding disposition of 1,026 PennyMac Mortgage Investment Trust Common Shares of beneficial interest. The shares were withheld to satisfy taxes due upon vesting of restricted share units, rather than an open-market sale of stock.

At what price were Derek Stark’s PMT shares withheld for taxes?

The 1,026 shares were withheld at $12.26 per share. This price is used solely for calculating the value of the tax-withholding disposition related to restricted share unit vesting, not as part of a discretionary market purchase or sale.

How many PMT shares does Derek Stark hold after this transaction?

Following the tax-withholding, Derek Stark directly holds 63,470 shares. This total includes 20,083 restricted share units and 43,387 Common Shares of beneficial interest, with the restricted share units to settle in an equal number of shares upon vesting.

Was Derek Stark’s PMT Form 4 transaction a market sale of shares?

No, the filing describes a tax-withholding disposition, not an open-market sale. The 1,026 shares were withheld by the issuer to cover tax obligations triggered when restricted share units vested, which is a common administrative transaction.

What type of security is involved in Derek Stark’s PMT transaction?

The transaction involves Common Shares of beneficial interest in PennyMac Mortgage Investment Trust. It is connected to restricted share units that vest and then settle into an equal number of these common shares when vesting conditions are met.