Hendry Gregory L 4

What Happened

• Gregory L. Hendry, MD and Chief Accounting Officer of PennyMac Financial Services (PFSI), had 80 shares withheld to satisfy tax withholding upon the vesting of restricted stock units (RSUs). The shares were valued at $92.01 each for a total of $7,361 on Feb 14, 2026. This was a tax-withholding surrender (routine), not an open-market sale for investment purposes.

Key Details

• Transaction date: 2026-02-14 | Price per share: $92.01 | Shares withheld/disposed: 80 | Value: $7,361.
• Form filed with the SEC on 2026-02-18 (reporting period: 2026-02-14).
• Shares owned after transaction (as reported): 47,867 shares of Common Stock and 1,139 restricted stock units (RSUs) that will be settled into an equal number of shares upon vesting (total economic interest shown = 47,867 shares + 1,139 RSUs).
• Footnotes: F1 indicates shares were withheld to cover taxes upon RSU vesting; F2 clarifies the reported holdings include 1,139 RSUs and 47,867 common shares.
• Transaction code: F (payment of exercise price or tax liability).

Context

• This was a routine tax-withholding event tied to RSU vesting (a common administrative action). It reduces the insider's reported share count slightly but is not a market sale that signals buying/selling intent. For RSU-related transactions like this, the company-issued shares are simply surrendered to cover tax obligations.