Perotti Daniel Stanley 4

What Happened
Daniel Stanley Perotti, Chief Financial Officer of PennyMac Financial Services (PFSI), had 849 shares withheld to cover tax liabilities upon the vesting of restricted stock units. The withholding was reported at $91.93 per share, totaling approximately $78,049. This was a tax-withholding event (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-28; Form 4 filed: 2026-03-03 (timely filing).
• Withheld: 849 shares at $91.93 each; total value ≈ $78,049.
• Shares owned following the transaction (as reported): 10,409 restricted stock units (to be settled in shares upon vesting) and 5,292 shares of common stock (total economic interest = 15,701 units, per filing footnote).
• Footnotes: F1 = shares withheld for taxes on RSU vesting; F2 = reported amount consists of 10,409 RSUs and 5,292 shares; RSUs will convert to shares upon vesting.
• Transaction type: tax withholding on vested RSUs (routine), not a buy or sale of stock.

Context
Tax-withholding by employers when RSUs vest is a common administrative action and does not necessarily signal insider sentiment about the stock. The RSUs remain subject to future vesting/settlement terms; this filing simply reports shares retained to satisfy tax obligations.