Steven Richard Bailey - Sep 16, 2024 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Chief Servicing Officer
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Bailey
Stock symbol
PFSI
Transactions as of
Sep 16, 2024
Transactions value $
-$829,092
Form type
4
Date filed
9/18/2024, 05:24 PM
Previous filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Options Exercise $254K +4.31K +29.39% $58.85 19K Sep 16, 2024 Direct F1
transaction PFSI Common Stock Options Exercise $169K +2.96K +15.6% $57.10 21.9K Sep 16, 2024 Direct F2
transaction PFSI Common Stock Options Exercise $264K +4.63K +21.09% $57.10 26.6K Sep 16, 2024 Direct F3
transaction PFSI Common Stock Options Exercise $135K +2.23K +8.39% $60.74 28.8K Sep 16, 2024 Direct F4
transaction PFSI Common Stock Sale -$1.2M -10.3K -35.64% $116.70 18.5K Sep 16, 2024 Direct F5
transaction PFSI Common Stock Sale -$454K -3.87K -20.85% $117.37 14.7K Sep 16, 2024 Direct F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -4.31K -100% $0.00 0 Sep 16, 2024 Common Stock 4.31K $58.85 Direct
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -2.96K -19.51% $0.00 12.2K Sep 16, 2024 Common Stock 2.96K $57.10 Direct F7
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -4.63K -37.87% $0.00 7.59K Sep 16, 2024 Common Stock 4.63K $57.10 Direct F8
transaction PFSI Nonstatutory Stock Option (Right to Buy) Options Exercise $0 -2.23K -33.33% $0.00 4.46K Sep 16, 2024 Common Stock 2.23K $60.74 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported amount consists of 6,462 restricted stock units and 12,520 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F2 The reported amount consists of 6,462 restricted stock units and 15,482 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F3 The reported amount consists of 6,462 restricted stock units and 20,109 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F4 The reported amount consists of 6,462 restricted stock units and 22,338 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.
F5 The price reported is the weighted average price of multiple transactions ranging from $116.22 to $117.19. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Common Stock and the prices at which the transactions were effected.
F6 The price reported is the weighted average price of multiple transactions ranging from $117.27 to $117.60. The reporting person hereby undertakes to provide upon request to the SEC, the Issuer or a security holder of the Issuer the number of Common Stock and the prices at which the transactions were effected.
F7 This nonstatutory stock option to purchase shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 23, 2023, 2024 and 2025, subject to the Reporting Person's continued service through each date.
F8 This nonstatutory stock option to purchase shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 23, 2023, 2024 and 2025, subject to the Reporting Person's continued service through each date.
F9 This nonstatutory stock option to purchase shares of Common Stock of the Issuer will vest as to one-third of the optioned shares on each of February 24, 2024, 2025 and 2026, subject to the Reporting Person's continued service through each date.