Form 4: PennyMac Financial Services Executive Hendry Gregory L Reports Stock Transaction
SEC Form 4 Filing
Gregory L Hendry, MD, Chief Accounting Officer of PennyMac Financial Services, reports disposition of 32 shares of common stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 28, 2025, Gregory L Hendry, the MD, Chief Accounting Officer of PennyMac Financial Services, Inc. (PFSI), disposed of 32 shares of common stock.
- The transaction was to cover tax obligations upon the vesting of restricted stock units.
- The price per share was $102.09.
- Following the transaction, Hendry beneficially owns 48,633 shares, including 1,069 restricted stock units and 47,564 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine Form 4 filing, which is standard practice when company insiders trade their company's stock. It provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transaction (disposal of shares). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.