Form 4: PennyMac Mortgage Investment Trust: CFO Daniel Perotti Reports Changes in Beneficial Ownership

Daniel Perotti, CFO of PennyMac Mortgage Investment Trust, reports a transaction involving common shares of beneficial interest, resulting in an adjusted beneficial ownership.

Summary

• On March 12, 2025, Daniel Stanley Perotti, the Chief Financial Officer of PennyMac Mortgage Investment Trust (PMT), reported changes in his beneficial ownership of the company's securities.
• The transaction involved the withholding of 2,652 common shares for taxes at a price of $14.33 per share upon the vesting of restricted share units.
• Following the transaction, Perotti directly owns 75,049 common shares of beneficial interest, including 32,148 restricted share units and 42,901 common shares.
• Additionally, Perotti indirectly owns 56,753 common shares through The Perotti Family Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, reflecting a neutral sentiment. It reports a routine transaction related to tax obligations.

Industry Context

Form 4 filings are a routine part of regulatory compliance for company insiders and provide transparency into their transactions in the company's stock. This filing is standard practice and doesn't necessarily indicate a change in the company's overall outlook.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it primarily reflects internal tax obligations of a company executive.

Key Dates