Form 4: PennyMac Officer's Routine Tax-Related Stock Sale
Insider Transaction Report
PennyMac Financial Services' MD and Chief Accounting Officer, Gregory L. Hendry, reported a disposition of 32 shares of common stock for tax purposes.
Summary
- Gregory L. Hendry, MD and Chief Accounting Officer of PennyMac Financial Services, Inc. (PFSI), reported a transaction on February 28, 2026.
- The transaction involved the disposition of 32 shares of Common Stock.
- This disposition was for shares withheld for taxes upon the vesting of restricted stock units.
- The price per share for the disposed common stock was $91.93.
- Following this transaction, Mr. Hendry beneficially owns 48,968 shares, which includes 904 restricted stock units and 48,064 shares of Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a standard tax-related disposition of shares upon vesting of equity awards, with no direct implications for company performance or strategy.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions and do not typically reflect broader industry trends. This specific filing is a standard event related to executive compensation.
Comparison to Industry Standards
- NA
Key Dates
| Date | Description |
|---|---|
| 02/28/2026 | Date of transaction where shares were disposed for tax withholding upon vesting of restricted stock units. |
| 03/03/2026 | Date the Statement of Changes in Beneficial Ownership was signed by the reporting person's attorney-in-fact. |
Recommendation
holdThis Form 4 filing details a routine tax-related disposition of a small number of shares by an officer, which does not provide new information to warrant a change in investment recommendation. It is a standard event associated with equity compensation vesting.
Keywords
PennyMac, PFSI, Form 4, insider transaction, stock, common stock, restricted stock units, tax withholding, Gregory L. Hendry
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.