David Spector - Oct 23, 2025 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Spector
Stock symbol
PFSI
Transactions as of
Oct 23, 2025
Transactions value $
-$1,462
Form type
4
Date filed
10/27/2025, 06:12 PM
Previous filing
Oct 7, 2025
Next filing
Oct 30, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SPECTOR DAVID Chairman & CEO, Director C/O PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE /s/ Derek W. Stark, attorney-in-fact for Mr. Spector 2025-10-27 0001275713

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Options Exercise $9.11M +71.2K +12.31% $128.05 649K Oct 23, 2025 Direct F1
transaction PFSI Common Stock Sale -$1.8M -14.2K -2.18% $127.07 635K Oct 23, 2025 Direct F2
transaction PFSI Common Stock Sale -$3.39M -26.5K -4.17% $127.92 608K Oct 23, 2025 Direct F3
transaction PFSI Common Stock Sale -$3.92M -30.5K -5.01% $128.66 578K Oct 23, 2025 Direct F4, F5
holding PFSI Common Stock 121K Oct 23, 2025 ST Family Investment Company LLC

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -71.2K -100% $0.00 0 Oct 23, 2025 Common Stock 71.2K $11.28 Direct F6
holding PFSI Nonstatutory Stock Option (Right to Buy) 69.3K Oct 23, 2025 Common Stock 69.3K $18.05 Direct F7
holding PFSI Nonstatutory Stock Option (Right to Buy) 52.9K Oct 23, 2025 Common Stock 52.9K $24.40 Direct F8
holding PFSI Nonstatutory Stock Option (Right to Buy) 55.5K Oct 23, 2025 Common Stock 55.5K $22.92 Direct F9
holding PFSI Nonstatutory Stock Option (Right to Buy) 140K Oct 23, 2025 Common Stock 140K $59.68 Direct F10
holding PFSI Nonstatutory Stock Option (Right to Buy) 59.5K Oct 23, 2025 Common Stock 59.5K $35.03 Direct F11
holding PFSI Nonstatutory Stock Option (Right to Buy) 53.6K Oct 23, 2025 Common Stock 53.6K $58.85 Direct F12
holding PFSI Nonstatutory Stock Option (Right to Buy) 120K Oct 23, 2025 Common Stock 120K $57.10 Direct F13
holding PFSI Nonstatutory Stock Option (Right to Buy) 46.3K Oct 23, 2025 Common Stock 46.3K $60.74 Direct F14
holding PFSI Nonstatutory Stock Option (Right to Buy) 46.2K Oct 23, 2025 Common Stock 46.2K $84.93 Direct F15
holding PFSI Nonstatutory Stock Option (Right to Buy) 45.4K Oct 23, 2025 Common Stock 45.4K $101.76 Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported amount consists of 36,299 restricted stock units and 612,721 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F2 The price reported is the weighted average price of multiple transactions ranging from $126.405 to $127.395. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Common Stock and the prices at which the transactions were effected.
F3 The price reported is the weighted average price of multiple transactions ranging from $127.40 to $128.39. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Common Stock and the prices at which the transactions were effected.
F4 The price reported is the weighted average price of multiple transactions ranging from $128.40 to $129.06. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Common Stock and the prices at which the transactions were effected.
F5 The reported amount consists of 36,299 restricted stock units and 541,560 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F6 This nonstatutory stock option to purchase 71,161 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 7, 2017, 2018 and 2019, subject to the Reporting Person's committed service through each date.
F7 This nonstatutory stock option to purchase 69,252 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 6, 2018, 2019 and 2020, subject to the Reporting Person's committed service through each date.
F8 This nonstatutory stock option to purchase 52,935 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 9, 2019, 2020 and 2021, subject to the Reporting Person's committed service through each date.
F9 This nonstatutory stock option to purchase 55,488 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 15, 2020, 2021 and 2022, subject to the Reporting Person's continued service through each date.
F10 This nonstatutory stock option to purchase 140,464 shares of Common Stock of the Issuer is fully vested but subject to certain transfer restrictions that will lapse in one-third increments on each of December 14, 2020, 2021 and 2022, subject to the Reporting Person's continued service through each lapse date.
F11 This nonstatutory stock option to purchase 59,466 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 26, 2021, 2022 and 2023, subject to the Reporting Person's continued service through each date.
F12 This nonstatutory stock option to purchase 53,589 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 25, 2022, 2023 and 2024, subject to the Reporting Person's continued service through each date.
F13 This nonstatutory stock option to purchase 119,730 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 23, 2023, 2024 and 2025, subject to the Reporting Person's continued service through each date.
F14 This nonstatutory stock option to purchase 46,303 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 24, 2024, 2025 and 2026, subject to the Reporting Person's committed service through each date.
F15 This nonstatutory stock option to purchase 46,177 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of March 1, 2025, 2026 and 2027, subject to the Reporting Person's continued service through each date.
F16 This nonstatutory stock option to purchase 45,419 shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 14, 2026, 2027 and 2028, subject to the Reporting Person's continued service through each date.