Follette James 4
4 · PennyMac Mortgage Investment Trust · Filed Feb 25, 2026
Insider Transaction Report
Form 4
Follette James
Chief Digital Officer
Transactions
- Tax Payment
Common Shares of Beneficial Interest
[F4]2026-02-23$12.29/sh−369$4,535→ 18,792 total - Exercise/Conversion
Common Shares of Beneficial Interest
[F1]2026-02-23+1,113→ 17,886 total - Exercise/Conversion
Common Shares of Beneficial Interest
[F2]2026-02-23+1,010→ 18,896 total - Exercise/Conversion
Common Shares of Beneficial Interest
[F3]2026-02-23+1,028→ 19,924 total - Tax Payment
Common Shares of Beneficial Interest
[F4]2026-02-23$12.29/sh−400$4,916→ 19,524 total - Tax Payment
Common Shares of Beneficial Interest
[F4]2026-02-23$12.29/sh−363$4,461→ 19,161 total - Award
Common Shares of Beneficial Interest
[F5][F6]2026-02-23+3,703→ 22,495 total - Award
Performance-Based Restricted Share Units
[F1]2026-02-23+1,113→ 1,113 total→ Common Shares of Beneficial Interest (1,113 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
[F1]2026-02-23−1,113→ 0 total→ Common Shares of Beneficial Interest (1,113 underlying) - Award
Performance-Based Restricted Share Units
[F2]2026-02-23+1,010→ 1,010 total→ Common Shares of Beneficial Interest (1,010 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
[F2]2026-02-23−1,010→ 0 total→ Common Shares of Beneficial Interest (1,010 underlying) - Award
Performance-Based Restricted Share Units
[F3]2026-02-23+1,028→ 1,028 total→ Common Shares of Beneficial Interest (1,028 underlying) - Exercise/Conversion
Performance-Based Restricted Share Units
[F3]2026-02-23−1,028→ 0 total→ Common Shares of Beneficial Interest (1,028 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 10,132 restricted stock units and 12,363 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Follette|2026-02-25