Hendry Gregory L 4

What Happened

• Gregory L. Hendry, MD and Chief Accounting Officer of PennyMac Financial Services (PFSI), received equity awards on 2026-02-12: 314 restricted stock units (RSUs) and a nonstatutory stock option covering 798 shares. Both awards are reported with $0 acquisition price (typical for grants). After the transaction the report shows beneficial ownership of 47,564 shares of common stock and 1,383 RSUs.

Key Details

• Transaction date: 2026-02-12; Form 4 filed 2026-02-17 (filed within the required reporting window).
• Awards: 314 RSUs granted (to be settled in shares upon vesting) and a nonstatutory option for 798 shares (derivative grant).
• Reported holdings after the grant: 47,564 shares of Common Stock and 1,383 RSUs (per footnote).
• Vesting notes: RSUs vest in three equal installments beginning on the first anniversary of the grant (F1). The 798-share option vests 1/3 on each of Feb 12, 2027, 2028 and 2029, subject to continued service (F3).
• No immediate sale or cashless exercise occurred — these are grants, not dispositions.

Context

• RSUs and unexercised options are long-term compensation and do not represent an immediate purchase or sale; they become shares only as they vest and are settled. The grants were reported as awards (not market purchases), so they are routine compensation-related insider activity rather than a direct market buy/sell signal.