Form 4: PennyMac Financial Services Executive Abbie Tidmore Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Abbie Tidmore, Chief Revenue Officer of PennyMac Financial Services, reports disposing of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 28, 2025, Abbie Tidmore, the Chief Revenue Officer of PennyMac Financial Services, Inc. (PFSI), disposed of 178 shares of common stock to cover tax obligations.
- The shares were sold at a price of $102.09 per share.
- Following the transaction, Ms. Tidmore beneficially owns 7,547 shares, which includes 4,878 restricted stock units and 2,669 shares of common stock.
- The restricted stock units will be settled in an equal number of shares of common stock upon vesting.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax liabilities associated with vested equity.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock disposal transaction. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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