Chandra Sunil 4

What Happened Chandra Sunil, a member of the board of directors of PennyMac Financial Services, received 336 shares of common stock on 2026-05-07 valued at $93.03 per share (total value ≈ $31,258). The shares were issued in lieu of cash compensation for services as a non-management director and the transaction is coded as an award/grant (A).

Key Details

• Transaction date: 2026-05-07; price per share: $93.03; shares acquired: 336; total value ≈ $31,258.
• Reported beneficial ownership after the transaction (per filing footnote): 2,808 shares of Common Stock plus 1,963 restricted stock units (RSUs), total = 4,771 units. The RSUs will be settled in common shares upon vesting.
• Footnote: The shares were issued in lieu of cash compensation and the transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
• Filing timeliness: Reported on 2026-05-07 (no late filing indicated).

Context

• This was an award of shares as director compensation (not an open-market purchase or sale), which is a routine corporate practice and does not necessarily signal the director’s personal view on the stock.
• The RSUs included in the reported ownership are subject to future vesting and will convert to shares only when they vest.