Jones Doug 4

What Happened

• Doug Jones, President, Director and CMBO of PennyMac Financial Services (PFSI), had 1,704 shares withheld to cover tax liabilities arising from vested restricted stock units (RSUs). The withheld shares were reported as disposed at $91.93 per share, totaling $156,649.
• This was a tax-withholding disposition (routine), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-28; Filing date: 2026-03-03.
• Withheld/disposed: 1,704 shares at $91.93 each; total value reported $156,649.
• Footnotes: F1 — shares were withheld to satisfy tax withholding upon RSU vesting. F2 — the reported holdings include 18,574 RSUs and 10,514 shares of Common Stock; the RSUs will settle into an equal number of shares upon vesting.
• Shares owned after transaction: not specified in the provided filing.
• No indication in the filing that this was part of a 10b5-1 plan or a gift; this is a routine tax-withholding event.

Context

• Withholding shares to cover taxes upon RSU vesting is a common administrative action and generally does not signal a change in the insider’s view of the company. The underlying RSUs will convert to shares as they vest per the grant terms.