MAZZELLA JOSEPH F 4

What Happened
Joseph F. Mazzella, a non‑management director of PennyMac Financial Services, received an award of 359 shares on 2026-05-07 at an effective price of $93.03 per share, for a total value of $33,398. The transaction is reported as an acquisition (code A) — shares issued in lieu of cash compensation rather than an open‑market purchase.

Key Details

• Transaction date: 2026-05-07
• Transaction type/code: Award/Grant (A) — shares issued as director compensation
• Shares received: 359 at $93.03 per share; total value ≈ $33,398
• Shares owned after transaction: Not disclosed in the filing
• Footnote: The shares were issued in lieu of cash compensation for services as a non‑management director; transaction is exempt under Rule 16b‑3 (F1).
• Filing timeliness: Reported on 2026-05-07 (no late filing indicated)

Context
This was a compensation award to a non‑management director (common practice) rather than a market purchase or sale. Such grants are routine for director pay and are exempt under Rule 16b‑3; they do not by themselves indicate the director’s intent to buy or sell additional stock.