MAZZELLA JOSEPH F - 09 May 2022 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Director
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Mazzella
Issuer symbol
PFSI
Transactions as of
09 May 2022
Net transactions value
+$26,527
Form type
4
Filing time
11 May 2022, 17:50:33 UTC
Previous filing
25 Feb 2022
Next filing
31 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Award $26,527 +556 +0.15% $47.71 364,331 09 May 2022 Direct F1, F2
holding PFSI Common Stock 127,031 09 May 2022 Mazzella Family Irrevocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received these shares in lieu of cash compensation payable for services rendered as a non-management director of the Issuer during the second quarter of 2022. The transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
F2 The reported amount consists of 2,539 restricted stock units and 361,792 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.