10,699 RSUs granted to PennyMac (NYSE: PMT) trustee
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pouraghabagher Setareh reported acquisition or exercise transactions in this Form 4 filing.
PennyMac Mortgage Investment Trust director Setareh Pouraghabagher reported an equity award related to her service as a trustee. She received 10,699 restricted share units, granted at no cash cost, which will vest on the first anniversary of the grant date and be settled in the same number of common shares.
After this award, she holds a total of 24,490 common share–equivalents, consisting of 18,494 restricted share units and 5,996 common shares of beneficial interest, all reported as directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pouraghabagher Setareh
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares of Beneficial Interest | 10,699 | $0.00 | -- |
Holdings After Transaction:
Common Shares of Beneficial Interest — 24,490 shares (Direct)
Footnotes (1)
- The Reporting Person was granted restricted share units in connection with her service as a Trustee. The restricted share units, which will vest on the first anniversary of the grant date, are to be settled in an equal number of Common Shares of beneficial interest upon vesting. The reported amount consists of 18,494 restricted share units and 5,996 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
What insider transaction did PMT director Setareh Pouraghabagher report?
Setareh Pouraghabagher reported receiving 10,699 restricted share units as compensation for serving as a trustee. The units were granted at no cash cost and will convert into an equal number of PennyMac Mortgage Investment Trust common shares once they vest.
Was the PMT director’s Form 4 transaction a market purchase or a grant?
The Form 4 transaction was a grant, not a market purchase. The director received 10,699 restricted share units as a trustee compensation award at a reported price of $0.00 per unit, to be settled in common shares upon vesting rather than bought in the open market.