DAVID SPECTOR - 20 Feb 2026 Form 4 Insider Report for PennyMac Financial Services, Inc. (PFSI)

Role
Chairman & CEO, Director
Signature
/s/ Derek W. Stark, attorney-in-fact for Mr. Spector
Issuer symbol
PFSI
Transactions as of
20 Feb 2026
Net transactions value
-$697,193
Form type
4
Filing time
24 Feb 2026, 18:29:50 UTC
Previous filing
20 Feb 2026
Next filing
25 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SPECTOR DAVID Chairman & CEO, Director C/O PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE /s/ Derek W. Stark, attorney-in-fact for Mr. Spector 24 Feb 2026 0001275713

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFSI Common Stock Options Exercise $0 +13,699 +2.5% $0.000000 555,431 20 Feb 2026 Direct F1
transaction PFSI Common Stock Tax liability $697,193 -7,391 -1.3% $94.33 548,040 20 Feb 2026 Direct F2, F3
holding PFSI Common Stock 90,604 20 Feb 2026 ST Family Investment Company LLC

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 Performance-Based Restricted Stock Units Award $0 +13,699 $0.000000 13,699 20 Feb 2026 Common Stock 13,699 Direct F1
transaction PFSI Performance-Based Restricted Stock Units Options Exercise $0 -13,699 -100% $0.000000 0 20 Feb 2026 Common Stock 13,699 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This performance-based restricted stock unit (PSU) award was granted to the Reporting Person on February 24, 2023 and vested on February 20, 2026, as determined by the Compensation Committee of the Board of Directors. The payout of shares of Common Stock pursuant to the PSU award was determined based on return on equity and leverage ratio performance for the period of January 1, 2023 through December 31, 2025 resulting in a payout percentage for the award of 37%.
F2 Represents shares withheld for taxes upon vesting of performance-based restricted stock units.
F3 The reported amount consists of 50,172 restricted stock units and 497,868 shares of Common Stock. The restricted stock units are to be settled in an equal number of shares of Common Stock upon vesting.