BLACKROCK FINANCIAL MANAGEMENT INC/DE

SEC source: 0001193125-26-077445 · ownership.xml · nonDerivative · entry 4

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · Affl. Of Investment Adviser

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

F4 · security: Reflects common shares of beneficial interest of the Issuer designated as Class I Shares.

F8 · date: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on September 24, 2025. The purchase price for each Class I Share purchased by the Issuer in connection with the issuer tender offer was determined as of December 31, 2025, based on the net asset value of such Class I Shares as of such date.

F8 · kind: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on September 24, 2025. The purchase price for each Class I Share purchased by the Issuer in connection with the issuer tender offer was determined as of December 31, 2025, based on the net asset value of such Class I Shares as of such date.

F8 · price: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on September 24, 2025. The purchase price for each Class I Share purchased by the Issuer in connection with the issuer tender offer was determined as of December 31, 2025, based on the net asset value of such Class I Shares as of such date.

SEC source: 0001193125-26-077445 · ownership.xml · nonDerivative · entry 3

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · Affl. Of Investment Adviser

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

F1 · security: Reflects common shares of beneficial interest of BlackRock Alpha Strategies Fund, a registered, closed-end management investment company (the "Issuer"), designated as Class A Shares.

F7 · date: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on September 24, 2025. The purchase price for each Class A Share purchased by the Issuer in connection with the issuer tender offer was determined as of December 31, 2025, based on the net asset value of such Class A Shares as of such date.

F7 · kind: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on September 24, 2025. The purchase price for each Class A Share purchased by the Issuer in connection with the issuer tender offer was determined as of December 31, 2025, based on the net asset value of such Class A Shares as of such date.

F7 · price: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on September 24, 2025. The purchase price for each Class A Share purchased by the Issuer in connection with the issuer tender offer was determined as of December 31, 2025, based on the net asset value of such Class A Shares as of such date.

SEC source: 0001193125-25-300959 · ownership.xml · nonDerivative · entry 2

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner · Affl. Of Investment Adviser

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,521,779.13

F1 · security: Reflects common shares of beneficial interest of BlackRock Private Investments Fund, a registered, closed-end management investment company (the "Issuer"), designated as Institutional Shares.

F4 · date: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on July 31, 2025. The purchase price for each Institutional Share purchased by the Issuer in connection with the issuer tender offer was determined as of September 30, 2025, based on the net asset value of such Institutional Shares as of such date.

F4 · kind: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on July 31, 2025. The purchase price for each Institutional Share purchased by the Issuer in connection with the issuer tender offer was determined as of September 30, 2025, based on the net asset value of such Institutional Shares as of such date.

F4 · price: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on July 31, 2025. The purchase price for each Institutional Share purchased by the Issuer in connection with the issuer tender offer was determined as of September 30, 2025, based on the net asset value of such Institutional Shares as of such date.

F3 · balance_after: The amount of Institutional Shares of the Issuer beneficially owned by the Reporting Person following this reported transaction includes Institutional Shares acquired by the Reporting Person pursuant to the Issuer's automatic dividend reinvestment plan since the Form 4/A filing made by the Reporting Person on August 11, 2021.

SEC source: 0001193125-25-300959 · ownership.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner · Affl. Of Investment Adviser

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,970,209.62

F1 · security: Reflects common shares of beneficial interest of BlackRock Private Investments Fund, a registered, closed-end management investment company (the "Issuer"), designated as Institutional Shares.

F2 · date: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Tender Offer Statement on Schedule TO ("Schedule TO") filed with the Securities and Exchange Commission (the "Commission") on April 30, 2025. The purchase price for each Institutional Share purchased by the Issuer in connection with the issuer tender offer was determined as of June 30, 2025, based on the net asset value of such Institutional Shares as of such date.

F2 · kind: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Tender Offer Statement on Schedule TO ("Schedule TO") filed with the Securities and Exchange Commission (the "Commission") on April 30, 2025. The purchase price for each Institutional Share purchased by the Issuer in connection with the issuer tender offer was determined as of June 30, 2025, based on the net asset value of such Institutional Shares as of such date.

F2 · price: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Tender Offer Statement on Schedule TO ("Schedule TO") filed with the Securities and Exchange Commission (the "Commission") on April 30, 2025. The purchase price for each Institutional Share purchased by the Issuer in connection with the issuer tender offer was determined as of June 30, 2025, based on the net asset value of such Institutional Shares as of such date.

F3 · balance_after: The amount of Institutional Shares of the Issuer beneficially owned by the Reporting Person following this reported transaction includes Institutional Shares acquired by the Reporting Person pursuant to the Issuer's automatic dividend reinvestment plan since the Form 4/A filing made by the Reporting Person on August 11, 2021.

SEC source: 0001193125-26-077445 · ownership.xml · nonDerivative · entry 2

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · Affl. Of Investment Adviser

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 872,774.437

F4 · security: Reflects common shares of beneficial interest of the Issuer designated as Class I Shares.

F5 · date: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on March 24, 2025. The purchase price for each Class I Share purchased by the Issuer in connection with the issuer tender offer was determined as of June 30, 2025, based on the net asset value of such Class I Shares as of such date.

F5 · kind: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on March 24, 2025. The purchase price for each Class I Share purchased by the Issuer in connection with the issuer tender offer was determined as of June 30, 2025, based on the net asset value of such Class I Shares as of such date.

F5 · price: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on March 24, 2025. The purchase price for each Class I Share purchased by the Issuer in connection with the issuer tender offer was determined as of June 30, 2025, based on the net asset value of such Class I Shares as of such date.

F6 · balance_after: The amount of Class I Shares of the Issuer beneficially owned by the Reporting Person following this reported transaction includes Class I Shares acquired by the Reporting Person pursuant to the Issuer's automatic dividend reinvestment plan since the Form 4 filing made by the Reporting Person on March 25, 2021.

SEC source: 0001193125-26-077445 · ownership.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · Affl. Of Investment Adviser

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 571,653.364

F1 · security: Reflects common shares of beneficial interest of BlackRock Alpha Strategies Fund, a registered, closed-end management investment company (the "Issuer"), designated as Class A Shares.

F2 · date: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Tender Offer Statement on Schedule TO ("Schedule TO") filed with the Securities and Exchange Commission (the "Commission") on March 24, 2025. The purchase price for each Class A Share purchased by the Issuer in connection with the issuer tender offer was determined as of June 30, 2025, based on the net asset value of such Class A Shares as of such date.

F2 · kind: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Tender Offer Statement on Schedule TO ("Schedule TO") filed with the Securities and Exchange Commission (the "Commission") on March 24, 2025. The purchase price for each Class A Share purchased by the Issuer in connection with the issuer tender offer was determined as of June 30, 2025, based on the net asset value of such Class A Shares as of such date.

F2 · price: The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Tender Offer Statement on Schedule TO ("Schedule TO") filed with the Securities and Exchange Commission (the "Commission") on March 24, 2025. The purchase price for each Class A Share purchased by the Issuer in connection with the issuer tender offer was determined as of June 30, 2025, based on the net asset value of such Class A Shares as of such date.

F3 · balance_after: The amount of Class A Shares of the Issuer beneficially owned by the Reporting Person following this reported transaction includes Class A Shares acquired by the Reporting Person pursuant to the Issuer's automatic dividend reinvestment plan since the Form 4 filing made by the Reporting Person on March 25, 2021.

SEC source: 0001140361-22-039542 · form4.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,106,691

F1 · shares: On October 3, 2022, the Reporting Person's subscription to purchase Institutional Shares of the Issuer was accepted. On October 20, 2022, the number of shares being purchased by the Reporting Person was fixed when the purchase price per share was determined by the Issuer.

SEC source: 0001209191-22-045594 · doc4.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 851,426

F1 · shares: On July 1, 2022, the Reporting Person's subscription to purchase Institutional Shares of the Issuer was accepted. On August 12, 2022, the number of shares being purchased by the Reporting Person was fixed when the purchase price per share was determined by the Issuer.

SEC source: 0000899243-21-027498 · doc4.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner · Affl. of Investment Adviser

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,989,879.28

F1 · shares: This amount is estimated based on the Fund's net asset value ("NAV") per share on March 31, 2021. Due to the timing of the Fund's calculation of its NAV, the actual number of shares purchased as a result of the acquisition and the actual purchase price cannot be determined at the time of this filing. An amendment will be filed to disclose the final number of shares purchased, purchase price per share, and total amount of securities beneficially owned following the definitive calculation of the NAV per share applicable to the purchase, which will be the NAV per share on June 30, 2021.

F1 · price: This amount is estimated based on the Fund's net asset value ("NAV") per share on March 31, 2021. Due to the timing of the Fund's calculation of its NAV, the actual number of shares purchased as a result of the acquisition and the actual purchase price cannot be determined at the time of this filing. An amendment will be filed to disclose the final number of shares purchased, purchase price per share, and total amount of securities beneficially owned following the definitive calculation of the NAV per share applicable to the purchase, which will be the NAV per share on June 30, 2021.

F1 · balance_after: This amount is estimated based on the Fund's net asset value ("NAV") per share on March 31, 2021. Due to the timing of the Fund's calculation of its NAV, the actual number of shares purchased as a result of the acquisition and the actual purchase price cannot be determined at the time of this filing. An amendment will be filed to disclose the final number of shares purchased, purchase price per share, and total amount of securities beneficially owned following the definitive calculation of the NAV per share applicable to the purchase, which will be the NAV per share on June 30, 2021.

SEC source: 0000899243-21-029445 · doc4a.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner · Affl. of Investment Adviser

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,969,919.84

F1 · shares: The amount disclosed in the original Form 4 for this acquisition (the "Acquisition") was estimated based on the Fund's net asset value ("NAV") per share on March 31, 2021. Due to the timing of the Fund's calculation of its NAV, the actual number of shares purchased as a result of the Acquisition and the actual purchase price per share could not be determined at the time of the original filing. This is an amendment to disclose the final number of shares purchased, the purchase price per share and the total amount of securities beneficially owned following the definitive calculation of the NAV per share applicable to the Acquisition, which is the NAV per share on June 30, 2021.

F1 · price: The amount disclosed in the original Form 4 for this acquisition (the "Acquisition") was estimated based on the Fund's net asset value ("NAV") per share on March 31, 2021. Due to the timing of the Fund's calculation of its NAV, the actual number of shares purchased as a result of the Acquisition and the actual purchase price per share could not be determined at the time of the original filing. This is an amendment to disclose the final number of shares purchased, the purchase price per share and the total amount of securities beneficially owned following the definitive calculation of the NAV per share applicable to the Acquisition, which is the NAV per share on June 30, 2021.

F1 · balance_after: The amount disclosed in the original Form 4 for this acquisition (the "Acquisition") was estimated based on the Fund's net asset value ("NAV") per share on March 31, 2021. Due to the timing of the Fund's calculation of its NAV, the actual number of shares purchased as a result of the Acquisition and the actual purchase price per share could not be determined at the time of the original filing. This is an amendment to disclose the final number of shares purchased, the purchase price per share and the total amount of securities beneficially owned following the definitive calculation of the NAV per share applicable to the Acquisition, which is the NAV per share on June 30, 2021.

SEC source: 0000899243-21-032544 · doc4a.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner · Affl. of Investment Adviser

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,959,919.84

F1 · balance_after: This Amendment to the Form 4 originally filed on July 6, 2021 and amended by the Form 4/A filed on July 22, 2021 (the "Prior Amendment") is being filed solely to correct an error in the amount of securities reported as beneficially owned in Column 5 of Row 1 in Table I. Due to an inadvertent error in the number of securities reported as beneficially owned in Column 5 of Row 1 in Table I of the Form 4 filed by the reporting person on March 3, 2021, the Prior Amendment inadvertently overstated the amount of securities beneficially owned by 10,000 shares. The correct amount of securities beneficially owned by the reporting person following the reported transaction is 9,959,919.84, not 9,969,919.84 as previously reported. All other information set forth in the Prior Amendment remains correct.

SEC source: 0000899243-21-013495 · doc4.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,500,000

SEC source: 0000899243-21-009310 · doc4.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,010,000

SEC source: 0000899243-21-032537 · doc4a.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner · Affl. of Investment Adviser

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,000,000

F1 · shares: This Amendment to the Form 4 originally filed on March 3, 2021 is being filed solely to correct an inadvertent error in the amount of securities reported as acquired in Column 4 of Row 1 in Table I and in the amount of securities reported as beneficially owned in Column 5 of Row 1 in Table I. Due to a mathematical error by no fault of the reporting person, the original Form 4 inadvertently overstated the amount of securities acquired in the reported transaction by 10,000 shares. The correct amount of securities acquired in the reported transaction is 4,990,000, not 5,000,000 as originally reported. Due to the error in the amount of securities reported as acquired in Column 4, the original Form 4 also inadvertently overstated the amount of securities beneficially owned following the reported transaction by 10,000 shares. These 10,000 shares have been omitted from Column 5 in this Amendment.

F1 · balance_after: This Amendment to the Form 4 originally filed on March 3, 2021 is being filed solely to correct an inadvertent error in the amount of securities reported as acquired in Column 4 of Row 1 in Table I and in the amount of securities reported as beneficially owned in Column 5 of Row 1 in Table I. Due to a mathematical error by no fault of the reporting person, the original Form 4 inadvertently overstated the amount of securities acquired in the reported transaction by 10,000 shares. The correct amount of securities acquired in the reported transaction is 4,990,000, not 5,000,000 as originally reported. Due to the error in the amount of securities reported as acquired in Column 4, the original Form 4 also inadvertently overstated the amount of securities beneficially owned following the reported transaction by 10,000 shares. These 10,000 shares have been omitted from Column 5 in this Amendment.

SEC source: 0000899243-20-010762 · doc4.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner · Affl. of Investment Adviser

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,858,962.264

SEC source: 0000899243-20-004513 · doc4.xml · nonDerivative · entry 1

BlackRock Inc. · CIK 0001364742 · 10% owner

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner

BlackRock Holdco 2, Inc. · CIK 0001060021 · 10% owner

BlackRock Mortgage Ventures, LLC · CIK 0001576419 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 0

F1 · ownership.nature: Reflects securities directly owned by BlackRock Mortgage Ventures, LLC, which is a wholly owned subsidiary of BlackRock Financial Management, Inc., which is a wholly owned subsidiary of BlackRock Holdco 2, Inc., which is a wholly-owned subsidiary of BlackRock, Inc. BlackRock, Inc., BlackRock Holdco 2, Inc., and BlackRock Financial Management, Inc. may have been deemed to be indirect beneficial owners of these securities.

SEC source: 0001209191-19-015467 · doc4.xml · nonDerivative · entry 1

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner · Affl. of Investment Adviser

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,800,000

SEC source: 0001140361-18-042406 · form4.xml · derivative · entry 2

BlackRock Inc. · CIK 0001364742 · Director · 10% owner

BlackRock Holdco 2, Inc. · CIK 0001060021 · 10% owner

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner

BlackRock Mortgage Ventures, LLC · CIK 0001576419 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 0

Underlying: Common Stock · 13,760,647 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 2, 2018, PennyMac Financial Services, Inc., a Delaware corporation ("Old PennyMac") entered into a Contribution Agreement and Plan of Merger (the "Reorganization Agreement") with various parties including, among others, New PennyMac Financial Services, Inc., a Delaware corporation (the "Issuer"), and BlackRock Mortgage Ventures, LLC ("BLK MV"), an indirect wholly owned subsidiary of BlackRock, Inc. (the "Reporting Person"). The Reorganization Agreement provided that Old PennyMac would reorganize under a new public holding company, eliminate its "Up-C" structure and transition to a single class of common stock held by all stockholders. On November 1, 2018, the transactions contemplated by the Reorganization Agreement (the "Reorganization") were completed. The Issuer succeeded to Old PennyMac as a public-reporting Company pursuant to Rule 12g-3 under the Securities Exchange Act of 1934, and changed its name to PennyMac Financial Services Inc.

F2 · kind: In the Reorganization, (i) 13,760,647 Class A Units of Private National Mortgage Acceptance Company, LLC held by BLK MV were exchanged for 13,760,647 shares of common stock of the Issuer ("Common Stock") and (ii) 1,800,000 shares of Class A common stock of Old PennyMac held by BLK MV were converted into 1,800,000 shares of Common Stock.

F2 · derivative.exercise_date: In the Reorganization, (i) 13,760,647 Class A Units of Private National Mortgage Acceptance Company, LLC held by BLK MV were exchanged for 13,760,647 shares of common stock of the Issuer ("Common Stock") and (ii) 1,800,000 shares of Class A common stock of Old PennyMac held by BLK MV were converted into 1,800,000 shares of Common Stock.

F2 · derivative.expiration_date: In the Reorganization, (i) 13,760,647 Class A Units of Private National Mortgage Acceptance Company, LLC held by BLK MV were exchanged for 13,760,647 shares of common stock of the Issuer ("Common Stock") and (ii) 1,800,000 shares of Class A common stock of Old PennyMac held by BLK MV were converted into 1,800,000 shares of Common Stock.

F3 · ownership.nature: 15,560,647 shares of Common Stock beneficially owned by the Reporting Person (including the 13,760,647 shares of Common Stock that were converted from Class A Units held by BlackRock Mortgage Ventures LLC pursuant to the Reorganization) are directly owned by BlackRock Mortgage Ventures, LLC, which is a wholly owned subsidiary of BlackRock Financial Management, Inc., which is a wholly owned subsidiary of BlackRock Holdco 2, Inc., which is a wholly-owned subsidiary of BlackRock, Inc. BlackRock, Inc., BlackRock Holdco 2, Inc., and BlackRock Financial Management, Inc. are indirect beneficial owners of these securities.

SEC source: 0001140361-18-042406 · form4.xml · nonDerivative · entry 1

BlackRock Inc. · CIK 0001364742 · Director · 10% owner

BlackRock Holdco 2, Inc. · CIK 0001060021 · 10% owner

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner

BlackRock Mortgage Ventures, LLC · CIK 0001576419 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 15,560,647

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 2, 2018, PennyMac Financial Services, Inc., a Delaware corporation ("Old PennyMac") entered into a Contribution Agreement and Plan of Merger (the "Reorganization Agreement") with various parties including, among others, New PennyMac Financial Services, Inc., a Delaware corporation (the "Issuer"), and BlackRock Mortgage Ventures, LLC ("BLK MV"), an indirect wholly owned subsidiary of BlackRock, Inc. (the "Reporting Person"). The Reorganization Agreement provided that Old PennyMac would reorganize under a new public holding company, eliminate its "Up-C" structure and transition to a single class of common stock held by all stockholders. On November 1, 2018, the transactions contemplated by the Reorganization Agreement (the "Reorganization") were completed. The Issuer succeeded to Old PennyMac as a public-reporting Company pursuant to Rule 12g-3 under the Securities Exchange Act of 1934, and changed its name to PennyMac Financial Services Inc.

F2 · kind: In the Reorganization, (i) 13,760,647 Class A Units of Private National Mortgage Acceptance Company, LLC held by BLK MV were exchanged for 13,760,647 shares of common stock of the Issuer ("Common Stock") and (ii) 1,800,000 shares of Class A common stock of Old PennyMac held by BLK MV were converted into 1,800,000 shares of Common Stock.

F3 · ownership.nature: 15,560,647 shares of Common Stock beneficially owned by the Reporting Person (including the 13,760,647 shares of Common Stock that were converted from Class A Units held by BlackRock Mortgage Ventures LLC pursuant to the Reorganization) are directly owned by BlackRock Mortgage Ventures, LLC, which is a wholly owned subsidiary of BlackRock Financial Management, Inc., which is a wholly owned subsidiary of BlackRock Holdco 2, Inc., which is a wholly-owned subsidiary of BlackRock, Inc. BlackRock, Inc., BlackRock Holdco 2, Inc., and BlackRock Financial Management, Inc. are indirect beneficial owners of these securities.

SEC source: 0001140361-18-042417 · form4.xml · derivative · entry 2

BlackRock Inc. · CIK 0001364742 · Director · 10% owner

BlackRock Holdco 2, Inc. · CIK 0001060021 · 10% owner

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner

BlackRock Mortgage Ventures, LLC · CIK 0001576419 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 0

Underlying: Common Stock · 13,760,647 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 2, 2018, PennyMac Financial Services, Inc., a Delaware corporation ("Old PennyMac") entered into a Contribution Agreement and Plan of Merger (the "Reorganization Agreement") with various parties including, among others, New PennyMac Financial Services, Inc., a Delaware corporation (the "Issuer"), and BlackRock Mortgage Ventures, LLC ("BLK MV"), an indirect wholly owned subsidiary of BlackRock, Inc. (the "Reporting Person"). The Reorganization Agreement provided that Old PennyMac would reorganize under a new public holding company, eliminate its "Up-C" structure and transition to a single class of common stock held by all stockholders. On November 1, 2018, the transactions contemplated by the Reorganization Agreement (the "Reorganization") were completed. The Issuer succeeded to Old PennyMac as a public-reporting Company pursuant to Rule 12g-3 under the Securities Exchange Act of 1934, and changed its name to PennyMac Financial Services Inc.

F2 · kind: In the Reorganization, (i) 13,760,647 Class A Units of Private National Mortgage Acceptance Company, LLC held by BLK MV were exchanged for 13,760,647 shares of common stock of the Issuer ("Common Stock") and (ii) 1,800,000 shares of Class A common stock of Old PennyMac held by BLK MV were converted into 1,800,000 shares of Common Stock.

F2 · derivative.exercise_date: In the Reorganization, (i) 13,760,647 Class A Units of Private National Mortgage Acceptance Company, LLC held by BLK MV were exchanged for 13,760,647 shares of common stock of the Issuer ("Common Stock") and (ii) 1,800,000 shares of Class A common stock of Old PennyMac held by BLK MV were converted into 1,800,000 shares of Common Stock.

F2 · derivative.expiration_date: In the Reorganization, (i) 13,760,647 Class A Units of Private National Mortgage Acceptance Company, LLC held by BLK MV were exchanged for 13,760,647 shares of common stock of the Issuer ("Common Stock") and (ii) 1,800,000 shares of Class A common stock of Old PennyMac held by BLK MV were converted into 1,800,000 shares of Common Stock.

F3 · ownership.nature: 15,560,647 shares of Common Stock beneficially owned by the Reporting Person (including the 13,760,647 shares of Common Stock that were converted from Class A Units held by BlackRock Mortgage Ventures LLC pursuant to the Reorganization) are directly owned by BlackRock Mortgage Ventures, LLC, which is a wholly owned subsidiary of BlackRock Financial Management, Inc., which is a wholly owned subsidiary of BlackRock Holdco 2, Inc., which is a wholly-owned subsidiary of BlackRock, Inc. BlackRock, Inc., BlackRock Holdco 2, Inc., and BlackRock Financial Management, Inc. are indirect beneficial owners of these securities.

SEC source: 0001140361-18-042417 · form4.xml · nonDerivative · entry 1

BlackRock Inc. · CIK 0001364742 · Director · 10% owner

BlackRock Holdco 2, Inc. · CIK 0001060021 · 10% owner

BLACKROCK FINANCIAL MANAGEMENT INC/DE · CIK 0001086363 · 10% owner

BlackRock Mortgage Ventures, LLC · CIK 0001576419 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 15,560,647

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: On August 2, 2018, PennyMac Financial Services, Inc., a Delaware corporation ("Old PennyMac") entered into a Contribution Agreement and Plan of Merger (the "Reorganization Agreement") with various parties including, among others, New PennyMac Financial Services, Inc., a Delaware corporation (the "Issuer"), and BlackRock Mortgage Ventures, LLC ("BLK MV"), an indirect wholly owned subsidiary of BlackRock, Inc. (the "Reporting Person"). The Reorganization Agreement provided that Old PennyMac would reorganize under a new public holding company, eliminate its "Up-C" structure and transition to a single class of common stock held by all stockholders. On November 1, 2018, the transactions contemplated by the Reorganization Agreement (the "Reorganization") were completed. The Issuer succeeded to Old PennyMac as a public-reporting Company pursuant to Rule 12g-3 under the Securities Exchange Act of 1934, and changed its name to PennyMac Financial Services Inc.

F2 · kind: In the Reorganization, (i) 13,760,647 Class A Units of Private National Mortgage Acceptance Company, LLC held by BLK MV were exchanged for 13,760,647 shares of common stock of the Issuer ("Common Stock") and (ii) 1,800,000 shares of Class A common stock of Old PennyMac held by BLK MV were converted into 1,800,000 shares of Common Stock.

F3 · ownership.nature: 15,560,647 shares of Common Stock beneficially owned by the Reporting Person (including the 13,760,647 shares of Common Stock that were converted from Class A Units held by BlackRock Mortgage Ventures LLC pursuant to the Reorganization) are directly owned by BlackRock Mortgage Ventures, LLC, which is a wholly owned subsidiary of BlackRock Financial Management, Inc., which is a wholly owned subsidiary of BlackRock Holdco 2, Inc., which is a wholly-owned subsidiary of BlackRock, Inc. BlackRock, Inc., BlackRock Holdco 2, Inc., and BlackRock Financial Management, Inc. are indirect beneficial owners of these securities.