Tidmore Abbie 4
Research Summary
AI-generated summary
PennyMac (PMT) CRO Abbie Tidmore Withholds 468 Shares for Taxes
What Happened
- Abbie Tidmore, Chief Revenue Officer of PennyMac Mortgage Investment Trust (PMT), had 468 shares withheld on 2026-02-24 to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withholding was reported as a disposition (transaction code F) at $12.15 per share for a total of $5,686.
Key Details
- Transaction date: 2026-02-24; Filing date (Form 4): 2026-02-26 (timely).
- Withheld shares: 468; Price per share used for withholding: $12.15; Total value: $5,686.
- Shares owned after transaction: 23,254 common shares plus 17,975 RSUs (to be settled into an equal number of shares upon vesting), for a combined economic interest of 41,229 shares/units if all RSUs vest (per footnote).
- Footnotes: F1 = shares withheld for taxes upon RSU vesting; F2 = reported beneficial holdings include 17,975 RSUs and 23,254 common shares.
- Transaction code: F (tax withholding). Not a market sale or purchase and not part of a 10b5-1 plan.
Context
- This was a routine tax-withholding event triggered by RSU vesting, not an open-market sale or a purchase signal. Such withholdings are common and reflect payroll tax obligations rather than a discretionary trade by the insider.