PFSI - Pennymac Financial Services, Inc.

Insider Sale by Spector David (COB, CEO)

1 Month
After Trade
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Trade Summary

2 days ago, Spector David, serving as COB, CEO at Pennymac Financial Services, Inc. (PFSI), sold 12,950 shares at $94.51 per share, for a total transaction value of $1,223,855.00. Following this transaction, Spector David now holds 632,336 shares of PFSI.

This sale represents a 2.00% decrease in Spector David's stake in the company. This is considered a medium-conviction trade.

The trade was executed on Thursday, February 19, 2026 and publicly disclosed via SEC Form 4 filing on Friday, February 20, 2026, 1 day after the trade was made.

Pennymac Financial Services, Inc. operates in the FINANCIAL SERVICES sector, specifically within the MORTGAGE FINANCE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.

Spector David

COB, CEO

David A. Spector (age 62) is Chairman and Chief Executive Officer of PennyMac Financial Services, Inc. (PFSI), serving as CEO since January 2017 and Chairman since February 2021, and has been a director since December 2012.[[1]](https://fintool.com/app/research/companies/PFSI/people/david-a-spector)[[2]](https://www.leadersmag.com/issues/2025.4_Oct/PUR/LEADERS_Spector_Pennymac.html)[[4]](https://pfsi.pennymac.com/governance/board-of-directors/person-details/default.aspx?ItemId=aa644663-d59d-4899-af1b-def094da6d31) He previously held roles as President and CEO (2017–2021), Executive Managing Director, President, and COO at PFSI and Private National Mortgage Acceptance Company, LLC (PNMAC) since its founding in 2008.[[1]](https://fintool.com/app/research/companies/PFSI/people/david-a-spector)[[2]](https://www.leadersmag.com/issues/2025.4_Oct/PUR/LEADERS_Spector_Pennymac.html) Spector also serves as Chairman and Director of PennyMac Mortgage Investment Trust (PMT) since 2021 (director since 2009).[[1]](https://fintool.com/app/research/companies/PFSI/people/david-a-spector)[[2]](https://www.leadersmag.com/issues/2025.4_Oct/PUR/LEADERS_Spector_Pennymac.html)[[6]](https://pmt.pennymac.com/governance/board-of-directors/person-details/default.aspx?ItemId=a0163ff5-4ec2-4720-a282-e35be8847d13) Under his leadership, PFSI achieved 2024 net income of $311.4 million (up from $144.7 million in 2023), ROE of 8.5%, became the #2 U.S. mortgage producer, and grew servicing UPB to ~$666 billion.[[1]](https://fintool.com/app/research/companies/PFSI/people/david-a-spector) Prior to PennyMac, Spector was Co-Head of Global Residential Mortgages at Morgan Stanley in London (2006–2008) and Senior Managing Director of Secondary Marketing at Countrywide Financial Corporation (1990–2006).[[1]](https://fintool.com/app/research/companies/PFSI/people/david-a-spector)[[2]](https://www.leadersmag.com/issues/2025.4_Oct/PUR/LEADERS_Spector_Pennymac.html) He holds a B.A. from the University of California, Los Angeles (UCLA).[[1]](https://fintool.com/app/research/companies/PFSI/people/david-a-spector)[[2]](https://www.leadersmag.com/issues/2025.4_Oct/PUR/LEADERS_Spector_Pennymac.html) Spector has driven PFSI's growth as the nation's largest aggregator in the correspondent channel and a leader in broker channels with technology like the Power+ platform, emphasizing innovation, scale, and customer focus.[[2]](https://www.leadersmag.com/issues/2025.4_Oct/PUR/LEADERS_Spector_Pennymac.html)

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Trade Price

$94.51

Quantity

12,950

Total Value

$1,223,855.00

Shares Owned

632,336

Trade Date

Thursday, February 19, 2026

2 days ago

SEC Filing Date

Friday, February 20, 2026

Filed 1 day after trade

FINANCIAL SERVICESMORTGAGE FINANCE

About Pennymac Financial Services, Inc.

Company Overview

No company information available
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