Lynch Catherine A. 4

What Happened

• Catherine A. Lynch, a director of PennyMac Mortgage Investment Trust (PMT), acquired a total of 1,450.936 shares on Jan 23, 2026 in two open-market purchases (transaction code P).
  • 766.041 shares at $13.20 each = $10,112
  • 684.895 shares at $13.28 each = $9,095
• Total cost for the two purchases was approximately $19,207. These were acquisitions (purchases), not sales.

Key Details

• Transaction date: 2026-01-23; Filing date: 2026-01-27 (filed within the Form 4 reporting period).
• Prices: $13.20 and $13.28 per share.
• Reported holdings after the transactions: approximately 49,851.80 common shares plus 7,795 restricted stock units (RSUs) that will convert to shares upon vesting.
• Footnotes: F1 indicates the purchases were made under brokers' automatic dividend reinvestment plans (DRIP). F2/F3 explain the reported holdings include RSUs and common shares.
• Transaction type: P = Purchase (open-market/drip reinvestment).

Context

• These purchases were made via dividend reinvestment (routine DRIP activity), meaning dividends were automatically used to buy additional shares rather than a discretionary large buy.
• RSUs reported are restricted units that will be settled into common shares upon vesting; they are not currently free-trading shares.
• Purchases by directors can be informative, but DRIP-based purchases are often routine and part of compensation/dividend programs rather than a standalone vote of confidence.