Jones Doug 4

What Happened

• Doug Jones, President and Chief Mortgage Banking Officer and a director of PennyMac Financial Services (PFSI), had 1,597 shares withheld to satisfy tax withholding upon the vesting of restricted stock units (RSUs). The shares were valued at $90.33 each, for a total value of $144,257. This was a withholding disposition (tax-related), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-24; SEC filing date: 2026-02-26 (covers the 2/24/2026 transaction).
• Action: Shares withheld for taxes upon RSU vesting (transaction code F).
• Amount withheld/disposed: 1,597 shares at $90.33 per share; value $144,257.
• Reported holdings (per footnote): 22,180 restricted stock units and 8,612 shares of common stock (RSUs settle into shares upon vesting) — total reported interest 30,792 when RSUs are included.
• Footnotes: F1 = shares withheld for taxes on vesting; F2 = reported beneficial ownership consists of 22,180 RSUs and 8,612 common shares (RSUs settle into equal number of shares).
• No late-filing flag noted in the information provided.

Context

• This was a routine net settlement/withholding to cover tax obligations on vested RSUs, not a discretionary sale into the market. Such transactions are common following vesting and do not necessarily indicate a change in the insider’s view of the company.