Farhad Nanji - 08 Dec 2023 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Director
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Nanji
Issuer symbol
PFSI
Transactions as of
08 Dec 2023
Net transactions value
+$57,307
Form type
4
Filing time
12 Dec 2023, 20:00:16 UTC
Previous filing
03 May 2023
Next filing
07 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Award $57,307 +715 +0.4% $80.15 179,669 08 Dec 2023 Direct F1, F2
holding PFSI Common Stock 4,531,792 08 Dec 2023 MFN Partners, LP
* 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 and Third quarters of 2023. The transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
F2 The reported amount consists of 2,387 restricted stock units and 177,282 of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.