Form 4: PennyMac Financial Services Chief Risk Officer Reports Stock Transaction
SEC Form 4 Filing
Donald J. White, Chief Risk Officer of PennyMac Financial Services, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 23, 2024, Donald J. White, the Chief Risk Officer of PennyMac Financial Services, Inc. (PFSI), reported a transaction involving the company's common stock.
- White disposed of 363 shares of common stock at a price of $86.77 per share to cover tax obligations related to the vesting of restricted stock units.
- Following the transaction, White beneficially owns 9,106 shares, including 2,196 restricted stock units and 6,910 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction related to executive compensation. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock transaction (disposal of shares). |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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