Farhad Nanji - Feb 6, 2023 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Director
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Nanji
Stock symbol
PFSI
Transactions as of
Feb 6, 2023
Transactions value $
$24,605
Form type
4
Date filed
2/7/2023, 08:03 PM
Previous filing
Nov 2, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Award $24.6K +390 +0.22% $63.09 176K Feb 6, 2023 Direct F1, F2
holding PFSI Common Stock 4.53M Feb 6, 2023 MFN Partners, LP F3
* 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 Issuer during the previous quarter. 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 173,638 of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F3 MFN Partners, LP (the "Partnership") is the holder of the securities reported herein. MFN Partners GP, LLC ("MFN GP") is the general partner of the Partnership. MFN Partners Management, LP ("MFN Management") is the investment adviser to the Partnership. MFN Partners Management, LLC ("MFN LLC") is the general partner of MFN Management. The Reporting Person is a managing member of MFN GP and of MFN LLC but disclaims beneficial ownership of the securities held by the Partnership, except to the extent of his pecuniary interest, if any, therein.