Jones Doug 4

What Happened

• Doug Jones, President, Chief Mortgage Banking Officer and Director of PennyMac Mortgage Investment Trust (PMT), had 2,960 shares withheld to cover tax withholding upon the vesting of restricted share units. The shares were disposed at $11.89 each for a total value of $35,194. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-12; filing date: 2026-03-16 (filed within the required Form 4 window).
• Price and value: 2,960 shares x $11.89 = $35,194.
• Reported beneficial ownership (per footnote): 37,903 Common Shares of beneficial interest and 60,314 restricted share units (RSUs) that will settle into an equal number of common shares upon vesting.
• Footnote: F1 — shares were withheld to satisfy tax withholding on RSU vesting; F2 — the filing’s reported holdings combine the RSUs and currently held common shares.
• Transaction code: F (payment of exercise price or tax liability via share withholding).

Context

• This is a routine tax-withholding action tied to RSU vesting, not a directional purchase or open-market sale; it does not necessarily indicate a change in insider sentiment. The RSUs remain subject to future settlement and are reported separately from currently held common shares.