Tozer Theodore W 4
4 · PennyMac Financial Services, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
PennyMac (PFSI) Director Theodore Tozer Receives 1,963-Share Award
What Happened
- Theodore W. Tozer, a director of PennyMac Financial Services, was granted 1,963 restricted stock units (RSUs) on February 11, 2026. The award is reported as an acquisition at $0 per share (transaction code A). Per the filing, the RSUs will be settled in an equal number of shares of common stock upon vesting and vest in full on the first anniversary of the grant date (see Footnote F1).
Key Details
- Transaction date: 2026-02-11; reported acquisition: 1,963 RSUs at $0.00 (code A).
- Filing date / timeliness: Form 4 filed 2026-02-13 (filed within the typical 2‑business‑day window).
- Shares/holdings reported after transaction: the filing reports a total of 23,488 shares of common stock and 3,510 RSUs (Footnote F2).
- Notable footnotes: F1 — the new RSUs vest in full one year after grant and will be settled in shares; F2 — the reported totals combine existing holdings and RSUs.
Context
- RSU grants are compensation awards that convert to actual shares only upon vesting; they are not open‑market purchases or sales and therefore do not directly signal immediate insider buying or selling. Investors may monitor such awards as part of executive/director compensation trends, but they do not equate to an immediate cash outlay or sale.
Insider Transaction Report
Form 4
Tozer Theodore W
Director
Transactions
- Award
Common Stock
[F1][F2]2026-02-11+1,963→ 26,998 total
Footnotes (2)
- [F1]The Reporting Person was granted restricted stock units in connection with his service as a Director. These restricted stock units, which will vest in full on the first anniversary of the grant date, are to be settled in an equal number of shares of Common Stock upon vesting.
- [F2]The reported amount consists of 3,510 restricted stock units and 23,488 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Tozer|2026-02-13