PennyMac (PFSI) Director Nanji Farhad Receives 379-Share Award

What Happened Nanji Farhad, a non-management director of PennyMac Financial Services (PFSI), received an award of 379 shares on 2026-07-31 at an effective price of $82.17 per share, valued at approximately $31,142. This was an equity award issued in lieu of cash compensation for director services (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-31; Price per share: $82.17; Total value: ~$31,142.
• Transaction type: A (award/grant); exempt under Rule 16b-3 (per filing footnote).
• Shares owned after the transaction: 188,216 total, consisting of 186,253 shares of Common Stock and 1,963 restricted stock units (RSUs). The RSUs will convert to an equal number of shares upon vesting.
• Filing: Form 4 filed 2026-08-04 covering the 2026-07-31 transaction (not marked late).

Context This award was director compensation paid in shares rather than cash. Such grants are routine forms of non-management director pay and do not by themselves indicate a buy or sell signal about the insider’s view of the company. The RSUs reported will only become shares if and when they vest under the terms disclosed.