Perotti Daniel Stanley 4

What Happened

• Daniel Stanley Perotti, Chief Financial Officer of PennyMac Financial Services (PFSI), had 616 shares withheld to cover tax withholding related to vested restricted stock units (RSUs). The withholding is reported as a disposition of 616 shares at $90.33 per share, for a value of $55,643. This is a tax-withholding/net settlement transaction (routine) rather than an open-market sale.

Key Details

• Transaction date: 2026-02-24; filing date: 2026-02-26 (appears timely under the Form 4 two-business-day rule).
• Shares withheld/disposed: 616 at $90.33 each; total value reported: $55,643.
• Nature of transaction: F (tax withholding upon vesting of RSUs) — not an investment purchase or voluntary sale.
• Footnotes: F1 = shares withheld for taxes upon vesting of RSUs. F2 = the reported amount consists of 12,077 RSUs and 4,473 shares of Common Stock; the RSUs will be settled into an equal number of shares upon vesting.
• Shares owned after transaction: Not specified in the excerpt provided; see full Form 4 for post-transaction holdings.

Context

• This is a routine net-settlement/tax withholding event: when RSUs vest, companies commonly withhold a portion of shares to cover tax obligations. Such withholdings are administrative and do not necessarily indicate a change in insider sentiment. The filing reports the withholding (disposition) rather than an open-market sale.