Form 4: PennyMac CFO Daniel Perotti Reports Stock Transaction
SEC Form 4 Filing
Daniel Perotti, CFO of PennyMac Financial Services, reports a transaction involving the withholding of shares for taxes upon the vesting of restricted stock units.
Summary
- On February 23, 2024, Daniel Stanley Perotti, the Chief Financial Officer of PennyMac Financial Services, Inc. (PFSI), reported a transaction.
- The transaction involved the withholding of 1,503 shares of common stock at a price of $86.77 per share for tax purposes upon the vesting of restricted stock units.
- Following the transaction, Perotti directly owns 28,840 shares of common stock, which includes 10,250 restricted stock units and 18,590 shares of common stock.
- Perotti also indirectly owns 257,897 shares through The Perotti Family Trust.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock transaction (withholding of shares for taxes). |
| 02/27/2024 | Date of signature by attorney-in-fact for Mr. Perotti. |
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