PennyMac (PFSI) director Tiffany To reports 1,502 restricted stock units on Form 3

Rhea-AI Filing Summary

PennyMac Financial Services director Tiffany To reported her initial ownership position. The Form 3 shows she was granted 1,502 restricted stock units, which will vest on the first anniversary of the grant date and be settled in an equal number of common shares when they vest. No open-market buying or selling is reported in this filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider To Tiffany

Role null

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,502 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock units granted: 1,502 units Common stock equivalent after vesting: 1,502 shares

2 metrics

Restricted stock units granted 1,502 units Grant will vest on first anniversary of grant date

Common stock equivalent after vesting 1,502 shares RSUs to be settled in equal number of shares upon vesting

Key Terms

restricted stock units, vest, beneficial interest

3 terms

restricted stock units financial

"The Reporting Person was granted 1,502 restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vest financial

"The restricted stock units, which will vest on the first anniversary of the grant date"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

beneficial interest financial

"to be settled in an equal number of shares of beneficial interest upon vesting."

Beneficial interest is the right to receive the economic benefits of an asset—such as dividends, interest, or sale proceeds—without necessarily holding legal title to it. For investors this matters because it determines who actually gains from an investment or trust, much like renting an apartment where the tenant enjoys living there and paying bills while the landlord holds the deed; understanding who has the beneficial interest affects income rights, voting influence, and risk exposure.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

To Tiffany

(Last) (First) (Middle)

C/O PENNYMAC FINANCIAL SERVICES, INC.

3043 TOWNSGATE ROAD

(Street)

WESTLAKE VILLAGE CALIFORNIA 91361

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
06/05/2026

3. Issuer Name and Ticker or Trading Symbol
PennyMac Financial Services, Inc. [ PFSI ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,502(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person was granted 1,502 restricted stock units. The restricted stock units, which will vest on the first anniversary of the grant date, are to be settled in an equal number of shares of beneficial interest upon vesting.

	/s/ Derek W. Stark, attorney-in-fact for Ms. To	06/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Tiffany To’s Form 3 for PFSI report?

The filing reports director Tiffany To’s initial ownership in PennyMac Financial Services. It discloses a grant of 1,502 restricted stock units that will convert into the same number of common shares when they vest after one year.

How many PennyMac (PFSI) restricted stock units did Tiffany To receive?

She was granted 1,502 restricted stock units. These units represent a right to receive 1,502 common shares in the future, once the vesting condition is met on the first anniversary of the grant date.

Are there any open-market stock purchases or sales in Tiffany To’s PFSI Form 3?

No open-market purchases or sales are shown. The filing reflects a compensation-related grant of 1,502 restricted stock units rather than a buy or sell transaction in PennyMac common stock on the market.

When do Tiffany To’s PennyMac (PFSI) restricted stock units vest?

The 1,502 restricted stock units will vest on the first anniversary of the grant date. At that time, they are scheduled to be settled in an equal number of PennyMac common shares, assuming vesting conditions are satisfied.

What happens when Tiffany To’s PFSI restricted stock units vest?

Upon vesting, each restricted stock unit will be settled in one share of common stock. For the 1,502 units granted, that means delivery of 1,502 PennyMac shares, aligning her compensation with shareholder value over time.