Daniel Stanley Perotti - Nov 15, 2023 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role: Chief Financial Officer
Signature: /s/ Derek W. Stark, attorney-in-fact for Mr. Perotti
Stock symbol: PFSI
Transactions as of: Nov 15, 2023
Transactions value $: -$578,816
Form type: 4
Date filed: 11/16/2023, 05:30 PM
Previous filing: Aug 17, 2023
Next filing: Dec 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PFSI	Common Stock	Sale	-$579K	-7.6K	-2.71%	$76.16	273K	Nov 15, 2023	The Perotti Family Trust
holding	PFSI	Common Stock						30.3K	Nov 15, 2023	Direct	F1

* 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	The reported amount consists of 14,364 restricted stock units and 15,979 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.