Perlowitz Jeffrey A. 4

What Happened

• Jeffrey A. Perlowitz, a director of PennyMac Financial Services, was granted 2,295 restricted stock units (RSUs) on 2026-02-11. The award has an acquisition price of $0.00 (a compensatory grant) and will vest in full on the first anniversary of the grant date. Each RSU is to be settled in one share of common stock upon vesting.

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely file).
• Transaction type/code: Award/Grant (A); price reported $0.00.
• Vesting/settlement: RSUs vest in full on the first anniversary and convert 1:1 into shares on vesting (see footnote F1).
• Shares beneficially owned after this report: 16,460 shares of Common Stock and 3,842 RSUs (the reported total combines existing shares and RSUs per footnote F2).
• No sale or cash outlay occurred—this is a compensation grant, not a market purchase.

Context

• RSU grants are a common form of director compensation and do not represent immediate transferable stock until they vest and are settled. Such awards align executive/director pay with shareholder value but are not the same signal as an open-market purchase.