Derek Stark - 23 Feb 2026 Form 4 Insider Report for PennyMac Mortgage Investment Trust (PMT)

Signature
/s/ Derek Stark
Issuer symbol
PMT
Transactions as of
23 Feb 2026
Net transactions value
-$27,751
Form type
4
Filing time
25 Feb 2026, 19:54:17 UTC
Previous filing
24 Feb 2026
Next filing
26 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
STARK DEREK Chief Legal Officer C/O PENNYMAC MORTGAGE INVESTMENT TRUST, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE /s/ Derek Stark 25 Feb 2026 0001198631

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMT Common Shares of Beneficial Interest Options Exercise $0 +1,949 +3.9% $0.000000 52,258 23 Feb 2026 Direct F1
transaction PMT Common Shares of Beneficial Interest Options Exercise $0 +1,768 +3.4% $0.000000 54,026 23 Feb 2026 Direct F2
transaction PMT Common Shares of Beneficial Interest Options Exercise $0 +2,571 +4.8% $0.000000 56,597 23 Feb 2026 Direct F3
transaction PMT Common Shares of Beneficial Interest Tax liability $8,603 -700 -1.2% $12.29 55,897 23 Feb 2026 Direct F4
transaction PMT Common Shares of Beneficial Interest Tax liability $7,804 -635 -1.1% $12.29 55,262 23 Feb 2026 Direct F4
transaction PMT Common Shares of Beneficial Interest Tax liability $11,344 -923 -1.7% $12.29 54,339 23 Feb 2026 Direct F4
transaction PMT Common Shares of Beneficial Interest Award $0 +11,111 +20% $0.000000 65,450 23 Feb 2026 Direct F5, 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 PMT Performance-Based Restricted Share Units Award $0 +1,949 $0.000000 1,949 23 Feb 2026 Common Shares of Beneficial Interest 1,949 Direct F1
transaction PMT Performance-Based Restricted Share Units Options Exercise $0 -1,949 -100% $0.000000 0 23 Feb 2026 Common Shares of Beneficial Interest 1,949 Direct F1
transaction PMT Performance-Based Restricted Share Units Award $0 +1,768 $0.000000 1,768 23 Feb 2026 Common Shares of Beneficial Interest 1,768 Direct F2
transaction PMT Performance-Based Restricted Share Units Options Exercise $0 -1,768 -100% $0.000000 0 23 Feb 2026 Common Shares of Beneficial Interest 1,768 Direct F2
transaction PMT Performance-Based Restricted Share Units Award $0 +2,571 $0.000000 2,571 23 Feb 2026 Common Shares of Beneficial Interest 2,571 Direct F3
transaction PMT Performance-Based Restricted Share Units Options Exercise $0 -2,571 -100% $0.000000 0 23 Feb 2026 Common Shares of Beneficial Interest 2,571 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This performance-based restricted share unit (PSU) award was granted on February 28, 2023 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2023, 2024 and 2025. The PSU vested as to one-third on February 23, 2026 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2025 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2025 through December 31, 2025 resulting in a payout of 79.2%.
F2 This performance-based restricted share unit (PSU) award was granted on March 12, 2024 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2024, 2025 and 2026. The PSU vested as to one-third on February 23, 2026 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2025 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2025 through December 31, 2025 resulting in a payout of 79.2%.
F3 This performance-based restricted share unit (PSU) award was granted on February 24, 2025 and may vest in three equal installments subject to the satisfaction of certain performance based criteria for each of the fiscal years ending 2025, 2026 and 2027. The PSU vested as to one-third on February 23, 2026 and the payout of common shares of beneficial interest pursuant to the PSU award for the 2025 fiscal year was determined based on a return on equity and relative total stockholder return for the period of January 1, 2025 through December 31, 2025 resulting in a payout of 79.2%.
F4 Represents shares withheld for taxes upon vesting of performance-based restricted stock units.
F5 The Reporting Person was granted restricted stock units, which will vest in three equal installments beginning on the first anniversary of the date of grant, are to be settled in an equal number of shares of common stock upon vesting.
F6 The reported amount consists of 24,755 restricted share units and 40,695 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.