Stacey D. Stewart - Feb 21, 2024 Form 4 Insider Report for PennyMac Mortgage Investment Trust (PMT)

Role
Director
Signature
/s/ Derek W. Stark, Attorney-In-Fact for Stacey D. Stewart
Stock symbol
PMT
Transactions as of
Feb 21, 2024
Transactions value $
-$11,536
Form type
4
Date filed
2/22/2024, 06:42 PM
Previous filing
Mar 13, 2023
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMT Common Shares of Beneficial Interest Sale -$11.5K -839 -1.87% $13.75 44.1K Feb 21, 2024 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 8,058 restricted share units and 30,070 common shares of beneficial interest. The restricted share units are to be settled in an equal number of common shares of beneficial interest upon vesting.