PFSI PennyMac Financial Services, Inc. Insider Trading

PFSI CEO David Spector sold 10,000 shares, continuing a pattern of only selling—never buying—despite company profitability and valuation well below 52-week highs.

David Spector, the Chairman and CEO of PennyMac, disposed of 10,000 shares on a single trading day, representing his eighth open-market sale at this ticker in the past three years and his 92nd open-market sale across his holdings. This sale is part of an unbroken pattern: the insider has never made a single open-market purchase, despite 89 prior open-market sales in the tracking window. The stock currently trades roughly 45% below its 52-week high, presenting what many would call a pullback opportunity, yet the CEO continues to reduce his stake. Looking back, Spector's prior sales at this ticker show mixed timing: three of his five previous exits were poorly timed, with the stock rising afterward, while two were well-timed as shares declined following the sale. The company itself remains solidly profitable with meaningful revenue growth, but the CEO's consistent selling pattern—especially his unwillingness to buy despite lower prices and strong fundamentals—suggests he views the risk-reward unfavorably at current levels.

PFSI CEO David Spector sold 10,000 shares for $928,279.39 under 10b5-1 plan (2 transactions on 2026-04-14)

David Spector, Chairman & CEO of PennyMac Financial Services, Inc., executed 2 separate sales totaling 10,000 shares for $928,279.39 on 2026-04-14, reducing his holdings from 80,604 shares to 70,604 shares (-12.4%). The sales were conducted at prices of $92.80 and $93.47 per share, reflecting a blended average price of $92.83. Critically, this transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-08-08, meaning the sales were scheduled and contractual rather than discretionary. Pre-arranged trading plans execute automatically according to predetermined formulas and timing, so these sales carry no inference about Spector's current confidence in or conviction about the company's direction.

PFSI Chairman/CEO SPECTOR DAVID sold 22,436 shares (22.4K) for $1,938,197.55 ($1.9M) at blended avg $86.39 on 2026-03-06.

SPECTOR DAVID, Chairman & CEO of PennyMac Financial Services, Inc., executed 6 separate sales on 2026-03-06 totaling 22,436 shares for $1,938,197.55, reducing his holdings from 551,837 to 529,401 shares (-4.1%). The sales occurred at prices ranging from $85.26 to $86.93, with a blended average of $86.39, occurring as PFSI trades -45.4% below its 52-week high and -9.0% over the past 30 days. The CEO's cross-ticker track record across all tickers shows 19 prior sells with an average 90-day return of +3.5% and a 28.57% well-timed rate; his prior 5 trades at PFSI (all sells on 2026-02-19) have not yet reached measurable outcomes. Against fundamentals showing P/E of 6.59, annual revenue growth of +28.4%, and net income of $181,503,000.00, the sale pattern warrants attention to whether this reflects portfolio management or forward-looking signals about capital deployment at the company.

PFSI CEO David Spector sold 12,950 shares for $1,223,855.26 via 10b5-1 plan on 2026-02-19

David Spector, Chairman & CEO of PennyMac Financial Services, executed 6 separate sales totaling 12,950 shares (13.0K shares) for $1,223,855.26 at prices ranging from $93.97 to $95.81, with a blended average price of $94.51. The sales reduced his holdings by 2.3% to 541,732 shares (541.7K shares) post-transaction. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-08-08, meaning the sales were scheduled and not discretionary. As a prearranged transaction, this filing does not signal timing-dependent insights about market direction or insider positioning changes.

Director Patrick Kinsella buys 2,250 PFSI shares at $89.15; stock now $92.01 after -42.3% from 52-week high

Patrick Kinsella, a director of PennyMac Financial Services, purchased 2,250 shares at $89.15 on 2026-02-12, bringing his holdings to 34,210 shares and representing a 7.0% increase in his position. The purchase occurred when PFSI shares trade at $92.01, only marginally above the transaction price but substantially depressed relative to the 52-week high of $159.46 (a -42.3% decline). The company fundamentals remain solid: latest quarter revenue was $632.9M with net income of $181.5M, and the P/E ratio of 9.58 suggests relatively low valuation. The 30-day price decline of -37.6% and 90-day decline of -27.6% establish the context of sharp recent weakness at the time of this director purchase. This transaction should be evaluated against the magnitude of recent share price deterioration and the company's underlying earnings capacity.

PFSI Chair & CEO David Spector sold 10,000 shares for $1.5M at $145.19 blended average on 2026-01-13; holds 100.6K shares post-sale.

David Spector, as Chair & CEO, executed 3 separate sales totaling 10,000 shares for $1,451,879.68 at prices ranging from $144.81 to $146.30. The sale reduced his holdings by 9.0% from 110.6K to 100.6K shares, representing a material but not controlling reduction in equity stake. His cross-ticker track record shows 19 prior sells with an average 90-day return of +13.0% and a well-timed rate of 0.00%, indicating his past sales have frequently preceded stock gains rather than declines. At PFSI specifically, his 5 prior trades show mixed near-term outcomes (30-day returns of +0.5% to +1.0% on measurable sells, with 3 most recent trades from December lacking measurable outcomes), with a 0% well-timed rate at the 90-day mark. The stock currently trades at $147.37, near its 52-week high, up 12.9% over 30 days and 25.5% over 90 days—suggesting the timing of this sale relative to recent momentum may merit observation as the position matures.

PFSI CEO David Spector sold 5,000 shares at $129.10–$130.68 on 2025-12-16 ($649,030.15), retaining 110.6K shares.

David Spector, Chairman & CEO of PennyMac Financial Services, executed 3 separate sales totaling 5,000 shares for $649,030.15 on 2025-12-16, at prices ranging from $129.10 to $130.68 (blended average $129.81). He retains 110.6K shares post-transaction, representing a -4.3% reduction in holdings. His cross-ticker track record shows 19 prior sells with a 90-day well-timed rate of 16.67% (90-day avg return +17.0%), yet at PFSI specifically, his 5 prior trades show 0 of 0 well-timed outcomes at the 90-day mark, with recent 30-day results mixed (ranging -1.9% to +1.0%). The stock currently trades at $132.41, near its 52-week high of $136.06, and has gained +6.0% over the past 30 days and +5.9% over 90 days—suggesting he sold into a period of strength rather than during weakness. The company's fundamentals are solid: $632.9M in latest-quarter revenue, $181.5M net income, +13.7% annual revenue growth, and a P/E of 13.79.

PFSI director Jones sells 20,000 shares for $2.7M at blended $132.63; stock now $136.06, near 52-week high.

Jones Doug, Director, President & CMBO, executed two separate sales totaling 20,000 shares for $2,652,541.08 (blended average price $132.63) on 2025-11-25. The stock has since appreciated to $136.06 (current price), trading at the 52-week high, and has gained +25.0% over the past 90 days. At PFSI specifically, Jones has sold shares in 3 of his last 5 trades on this ticker; notably, his prior sales on 2025-03-05 and 2025-03-05 each showed negative 90-day returns (-8.0% and -7.4%), and his 2024-12-26 sale showed a net decline of -1.0% over 90 days. The company trades at a P/E of 14.17 with strong fundamentals: $632.9M in quarterly revenue, $181.5M net income, and +13.7% annual revenue growth. This sale occurs near the absolute top of the 52-week range, where the stock is at historical highs.

CFO Daniel Perotti sells 8,775 shares at blended $126.67 for $1.1M; retains 216.5K shares post-sale

Daniel Stanley Perotti, Chief Financial Officer at PennyMac Financial Services, executed 2 separate sales on 2025-11-17, selling 5,250 shares at $126.46 and 3,525 shares at $126.98 for combined proceeds of $1,111,519.50. The sale reduced his holdings by 3.9% from 225.2K to 216.5K shares, a partial reduction rather than a liquidation. The blended transaction price of $126.67 sits near the 52-week high of $132.96, reflecting favorable execution. Across his cross-ticker track record, Perotti's prior 20 open-market sells averaged a 90-day return of +3.3% and a well-timed rate of 40%, indicating his prior sales were as often poorly timed as well-timed. The company's underlying fundamentals remain solid with revenue of $632.9M, net income of $181.5M, and 13.7% annual revenue growth, alongside a reasonable P/E of 13.01.

PFSI Chairman David Spector sells 5,000 shares for $646,321.52 at $129.26 blended price

David Spector (Chairman & CEO) executed 2 separate sales totaling 5,000 shares for $646,321.52, reducing his holdings from 120.6K to 115.6K shares (a -4.1% reduction). The sales occurred at prices of $129.24 and $129.86 on 2025-11-12, near the stock's 52-week high of $132.96 (currently -4.4% from that peak). His prior sales at PFSI have shown mixed timing: two recent October trades posted positive 30-day returns (+4.2% and +7.0%), though 90-day measurability is incomplete. Across his broader cross-ticker transaction history, his 57.14% 90-day well-timed rate on 20 prior sells suggests slightly better-than-random timing, but the company's strong fundamentals—$632.9M quarterly revenue, $181.5M net income, 13.7% annual growth, and a 13.23 P/E—do not suggest distress. The timing of the sale relative to near-peak prices warrants observation, but the scale (4.1% of holdings) and the company's solid financial position limit the immediate significance of the move.