Form 4: PennyMac Mortgage Investment Trust: Chief Digital Officer Follette Reports Share Transaction
SEC Form 4 Filing
James Follette, Chief Digital Officer of PennyMac Mortgage Investment Trust, reports the disposal of 412 common shares to cover taxes upon vesting of restricted stock units on February 28, 2025.
Summary
- On February 28, 2025, James Follette, the Chief Digital Officer of PennyMac Mortgage Investment Trust, reported a transaction involving the company's common shares.
- Follette disposed of 412 common shares at a price of $14.39 per share to cover taxes upon the vesting of restricted stock units.
- Following the transaction, Follette beneficially owns 17,304 shares, which includes 7,473 restricted stock units and 9,831 shares of common stock.
- The restricted stock units will be settled in an equal number of common shares upon vesting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of the transaction where 412 common shares were disposed of. |
| 03/04/2025 | Date of signature for the report. |
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