PennyMac (PFSI) Director Joseph Mazzella Receives 226-Share Award

What Happened Joseph F. Mazzella, a non-management director of PennyMac Financial Services, received an award of 226 shares on 2026-02-02 at a reported per-share price of $147.37, for a total value of $33,306. The shares were issued in lieu of cash compensation for services rendered as a director (transaction code A — award/acquisition).

Key Details

• Transaction date: 2026-02-02; Type: Award/Acquisition (A).
• Price per share: $147.37; Total value reported: $33,306 (226 shares × $147.37).
• Reported beneficial holdings (per filing footnote): 79,999 shares of Common Stock and 1,547 restricted stock units (RSUs). The RSUs will be settled in an equal number of shares upon vesting.
• Footnote F1: Award issued in lieu of cash director compensation; transaction exempt under Rule 16b-3.
• Filing timeliness: No late filing indicated in the provided Form 4 information.

Context This was a compensation award (routine director pay) rather than an open-market purchase or sale, so it reflects standard remuneration rather than a direct bullish or bearish trading signal. The RSUs noted in the filing will convert to shares only upon vesting, which affects future ownership but does not represent immediately tradable stock.