SPECTOR DAVID 4

What Happened
David Spector, Chairman, CEO and a director of PennyMac Mortgage Investment Trust (PMT), had 7,487 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted share units (RSUs). The withholding was reported as a disposition at $12.15 per share for a total value of $90,967 on 2026-02-24. This was not an open-market sale but a tax-withholding event upon RSU vesting.

Key Details

• Transaction date and price: 2026-02-24, 7,487 shares withheld at $12.15 per share (total $90,967).
• Transaction code: F — shares withheld to cover tax liability on vesting.
• Reported holdings after the transaction (per filing footnote): 126,984 RSUs and 304,549 Common Shares of beneficial interest. The RSUs are to be settled in an equal number of common shares upon vesting.
• Filing: Report filed 2026-02-26 for a period ending 2026-02-24 — appears timely (no late filing flag).

Context
This was a routine tax-withholding disposition tied to equity compensation vesting, not a discretionary sale on the open market. Such withholdings are common and do not necessarily signal the insider’s view on the stock. The footnotes clarify the holding mix (RSUs versus issued shares) and that the RSUs will convert to common shares when they vest.