Derek Stark - Mar 25, 2024 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role: Chief Legal Officer
Signature: /s/ Derek Stark
Stock symbol: PFSI
Transactions as of: Mar 25, 2024
Transactions value $: -$470,007
Form type: 4
Date filed: 3/26/2024, 05:17 PM
Previous filing: Mar 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PFSI	Common Stock	Sale	-$470K	-5.26K	-16.25%	$89.44	27.1K	Mar 25, 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 7,084 restricted stock units and 20,000 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.