ELBAUM MARK 4

What Happened
Mark Elbaum, Chief Capital Markets Officer at PennyMac Mortgage Investment Trust (PMT), had 1,314 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withholding was recorded at $12.15 per share, for a total value of $15,965. This was a tax-withholding disposition (not a sale or open-market trade).

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely).
• Action: Tax withholding upon RSU vesting (transaction code F).
• Withheld/disposed: 1,314 shares at $12.15 each = $15,965.
• Shares owned after transaction (as reported): 3,752 common shares + 24,896 RSUs (RSUs settle into an equal number of shares upon vesting).
• Footnotes: F1 = shares withheld for taxes on RSU vesting; F2 = reported holdings consist of 24,896 RSUs and 3,752 common shares.

Context
This was a routine tax-withholding event tied to RSU vesting, not an open-market sale or purchase. Such withholdings are common and generally reflect compensation tax obligations rather than a signal about the insider’s view of the company.