James Follette - Feb 25, 2025 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Follette
Stock symbol
PFSI
Transactions as of
Feb 25, 2025
Transactions value $
-$299,834
Form type
4
Date filed
2/27/2025, 05:58 PM
Previous filing
Feb 26, 2025
Next filing
Mar 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Sale -$198K -1.98K -15.89% $99.93 10.5K Feb 25, 2025 Direct F1
transaction PFSI Common Stock Sale -$102K -990 -9.43% $102.70 9.51K Feb 26, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares of Common Stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 15, 2024.
F2 The reported amount consists of 8,515 restricted stock units and 992 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.