Chandra Sunil 4

What Happened

• Chandra Sunil, a director of PennyMac Financial Services (PFSI), was granted 1,963 restricted stock units (RSUs) on February 11, 2026. The grant is reported as an acquisition at $0.00 (no cash paid). The RSUs will vest in full on the first anniversary of the grant date and will be settled in an equal number of common shares upon vesting.

Key Details

• Transaction date: 2026-02-11; transaction type: Award/Grant (code A); reported price: $0.00.
• Shares/units acquired: 1,963 RSUs granted.
• Holdings after transaction (per filing footnote): beneficial ownership reported as 3,510 RSUs and 925 shares of Common Stock.
• Vesting: RSUs vest in full one year after the grant and will convert to the same number of shares upon vesting (Footnote F1).
• Filing: Form 4 filed 2026-02-13 (timely filing; no late-report flag).
• Footnote F2 clarifies the post-transaction reported amount consists of 3,510 RSUs and 925 shares.

Context

• RSUs are a deferred equity award (not an immediate market purchase or sale). They give the holder the right to receive shares later if vesting conditions are met, so they do not reflect an immediate cash investment or sale by the insider.