STARK DEREK 4
4 · PennyMac Mortgage Investment Trust · Filed Feb 25, 2026
Insider Transaction Report
Form 4
STARK DEREK
Chief Legal Officer
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
[F1]2026-02-23+1,949→ 52,258 total - Exercise/Conversion
Common Shares of Beneficial Interest
[F2]2026-02-23+1,768→ 54,026 total - Exercise/Conversion
Common Shares of Beneficial Interest
[F3]2026-02-23+2,571→ 56,597 total - Tax Payment
Common Shares of Beneficial Interest
[F4]2026-02-23$12.29/sh−700$8,603→ 55,897 total - Tax Payment
Common Shares of Beneficial Interest
[F4]2026-02-23$12.29/sh−635$7,804→ 55,262 total - Tax Payment
Common Shares of Beneficial Interest
[F4]2026-02-23$12.29/sh−923$11,344→ 54,339 total - Award
Common Shares of Beneficial Interest
[F5][F6]2026-02-23+11,111→ 65,450 total - Award
Performance-Based Restricted Share Units
[F1]2026-02-23+1,949→ 1,949 total→ Common Shares of Beneficial Interest (1,949 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
[F1]2026-02-23−1,949→ 0 total→ Common Shares of Beneficial Interest (1,949 underlying) - Award
Performance-Based Restricted Share Units
[F2]2026-02-23+1,768→ 1,768 total→ Common Shares of Beneficial Interest (1,768 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
[F2]2026-02-23−1,768→ 0 total→ Common Shares of Beneficial Interest (1,768 underlying) - Award
Performance-Based Restricted Share Units
[F3]2026-02-23+2,571→ 2,571 total→ Common Shares of Beneficial Interest (2,571 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
[F3]2026-02-23−2,571→ 0 total→ Common Shares of Beneficial Interest (2,571 underlying)
Footnotes (6)
- [F1]This performance-based restricted share unit (PSU) award was granted on February 28, 2023 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2023, 2024 and 2025. The PSU vested as to one-third on February 23, 2026 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2025 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2025 through December 31, 2025 resulting in a payout of 79.2%.
- [F2]This performance-based restricted share unit (PSU) award was granted on March 12, 2024 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2024, 2025 and 2026. The PSU vested as to one-third on February 23, 2026 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2025 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2025 through December 31, 2025 resulting in a payout of 79.2%.
- [F3]This performance-based restricted share unit (PSU) award was granted on February 24, 2025 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2025, 2026 and 2027. The PSU vested as to one-third on February 23, 2026 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2025 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2025 through December 31, 2025 resulting in a payout of 79.2%.
- [F4]Represents shares withheld for taxes upon vesting of performance-based restricted stock units.
- [F5]The Reporting Person was granted restricted stock units, which will vest in three equal installments beginning on the first anniversary of the date of grant, are to be settled in an equal number of shares of common stock upon vesting.
- [F6]The reported amount consists of 24,755 restricted share units and 40,695 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.
Signature
/s/ Derek Stark|2026-02-25