Director Farhad Nanji filed a Form 4 with the SEC on November 4, 2026, disclosing the acquisition of 545 shares of PennyMac Financial Services, Inc. common stock on November 2, 2026, received in lieu of cash compensation for services as a non-management director.

Key Highlights

  • Transaction date: November 2, 2026, with 545 shares of common stock acquired at $57.75 per share.
  • Compensation in lieu of cash: According to the filing, shares were received in lieu of cash compensation payable for services rendered as a non-management director during the previous quarter.
  • Exemption noted: The filing states the transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
  • Direct beneficial ownership following transaction: 188,761 shares held directly, consisting of 1,963 restricted stock units and 188,798 shares of common stock, per the filing's footnote.
  • Indirect ownership: 4,531,792 shares held indirectly through MFN Partners, LP, as reported in the filing.
  • Reporting person role: Farhad Nanji is identified as a Director of PennyMac Financial Services, Inc. (NYSE:PFSI).

Nanji's November 2026 Director Share Award at PennyMac Financial Services

According to the Form 4 filed on November 4, 2026, Director Farhad Nanji acquired 545 shares of PennyMac Financial Services, Inc. common stock on November 2, 2026, at a price of $57.75 per share. The filing identifies the transaction code as "A" (acquisition) and states that the shares were received in lieu of cash compensation for services rendered as a non-management director during the previous quarter. The filing further notes that the transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.

Following the reported transaction, the filing discloses that Nanji directly beneficially owns 188,761 shares. A footnote clarifies that this reported amount consists of 1,963 restricted stock units and 188,798 shares of common stock, with the restricted stock units to be settled in an equal number of shares of common stock upon vesting. In addition, the filing reports 4,531,792 shares held indirectly through MFN Partners, LP.

The Form 4 was signed by Derek W. Stark as attorney-in-fact for Mr. Nanji and filed with the SEC on November 4, 2026. No derivative securities transactions were reported in this filing.

What Was Disclosed

Director Farhad Nanji disclosed the acquisition of 545 shares of PennyMac Financial Services common stock at $57.75 per share on November 2, 2026, received as non-cash director compensation, with direct beneficial ownership of 188,761 shares and indirect ownership of 4,531,792 shares through MFN Partners, LP following the transaction.