Form 4: PennyMac CFO Daniel Perotti Reports Share Disposals for Tax Obligations
SEC Form 4 Filing
Daniel Perotti, CFO of PennyMac Mortgage Investment Trust, reports the disposal of shares to cover tax obligations upon vesting of restricted share units.
Summary
- On February 28, 2025, Daniel Stanley Perotti, the Chief Financial Officer of PennyMac Mortgage Investment Trust, reported a transaction involving the disposal of 2,060 common shares of beneficial interest to cover tax obligations.
- The shares were disposed of at a price of $14.39 per share.
- Following the transaction, Mr. Perotti directly owns 77,701 common shares, including 37,370 restricted share units and 40,331 common shares.
- He also indirectly owns 56,753 common shares through The Perotti Family Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction (share disposal for tax obligations). It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of the share disposal transaction. |
| 03/04/2025 | Date of the signature on the Form 4 filing. |
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