Form 4: PennyMac Mortgage Investment Trust: Director Doug Jones Reports Changes in Beneficial Ownership

Doug Jones, a Director, President, and CMBO of PennyMac Mortgage Investment Trust, reported changes in beneficial ownership of common shares due to tax withholding upon vesting of restricted share units.

Summary

• On February 25, 2024, Doug Jones, a Director, President, and CMBO of PennyMac Mortgage Investment Trust (PMT), reported a transaction involving common shares of beneficial interest.
• 2,315 shares were disposed of to cover taxes upon the vesting of restricted share units at a price of $13.95 per share.
• Following the transaction, Mr. Jones beneficially owns 63,903 common shares, which includes 22,056 restricted share units and 41,847 common shares of beneficial interest.
• The restricted share units will be settled in an equal number of common shares upon vesting.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine stock transactions for tax purposes and does not indicate a significant change in the company's financial health or prospects.

Industry Context

This filing is a routine disclosure related to executive compensation and does not necessarily indicate a significant trend in the mortgage investment industry.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.

Key Dates