Vandad Fartaj
Net Worth

Last updated:

What is Vandad Fartaj net worth?

The estimated net worth of Mr. Vandad Fartaj is at least $30,818,548 as of 24 Feb 2023. He owns shares worth $10,283,454 as insider, has earned $1,575,094 from insider trading and has received compensation worth at least $18,960,000 in PennyMac Financial Services, Inc..

What is the salary of Vandad Fartaj?

Mr. Vandad Fartaj salary is $3,160,000 per year as Senior MD & Chief Investment Officer in PennyMac Financial Services, Inc..

How old is Vandad Fartaj?

Mr. Vandad Fartaj is 50 years old, born in 1975.

What stocks does Vandad Fartaj currently own?

As insider, Mr. Vandad Fartaj owns shares in one company:

Company Title Shares Price per share Total value
PennyMac Financial Services, Inc. (PFSI) Senior MD & Chief Investment Officer 96,134 $106.97 $10,283,454

What does PennyMac Financial Services, Inc. do?

PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. It sources first-lien residential conventional and government-insured or guaranteed mortgage loans. The Servicing segment engages in the servicing of newly originated loans, and execution and management of early buyout transactions and servicing of loans. It performs loan administration, collection, and default management activities, including the collection and remittance of loan payments, response to customer inquiries, accounting for principal and interest, holding custodial funds for the payment of property taxes and insurance premiums, counseling delinquent borrowers, and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets. PennyMac Financial Services, Inc. was founded in 2008 and is headquartered in Westlake Village, California.

PFSI logo
PFSI
PennyMac Financial Services, Inc.
$106.97

Vandad Fartaj insider trading

PennyMac Financial Services, Inc.

Mr. Vandad Fartaj has made 4 insider trades between 2019-2023, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 23,396 units of PFSI stock on 23 Feb 2022. As of 24 Feb 2023 he still owns at least 96,134 units of PFSI stock.

Transaction Date Security Shares Price per share Total value Source
Option
Performance-Based Restricted Stock Units 20,743 N/A N/A
Option
Common Stock 20,743 N/A N/A
Sale
Common Stock 7,500 $56.16 $421,163
Option
Nonstatutory Stock Option (Right to Buy) 7,500 $21.03 $157,725
Option
Common Stock 7,500 $21.03 $157,725
Option
Common Stock 8,382 $21.03 $176,273
Sale
Common Stock 8,382 $57.22 $479,601
Option
Nonstatutory Stock Option (Right to Buy) 8,382 $21.03 $176,273
Sale
Common Stock 12,500 $44.91 $561,425
Sale
Common Stock 2,500 $45.16 $112,905
Option
Common Stock 23,396 N/A N/A
Option
Performance-Based Restricted Stock Units 23,396 N/A N/A
Option
Common Stock 22,020 N/A N/A
Option
Performance-Based Restricted Stock Units 22,020 N/A N/A
Option
Common Stock 22,290 N/A N/A
Option
Performance-Based Restricted Stock Units 22,290 N/A N/A
Option
Performance-Based Restricted Stock Units 22,687 N/A N/A
Option
Common Stock 22,687 N/A N/A

PennyMac Financial Services key executives

PennyMac Financial Services, Inc. executives and other stock owners filed with the SEC: