X0306 4 2020-02-24 0001464423 PennyMac Mortgage Investment Trust PMT 0001275713 SPECTOR DAVID C/O PENNYMAC MORTGAGE INVESTMENT TRUST 3043 TOWNSGATE ROAD WESTLAKE VILLAGE CA 91361 1 1 President and CEO Common Shares of Beneficial Interest 2020-02-24 4 F 0 2278 23.34 D 144657 D Represents shares withheld for taxes upon vesting of restricted share units. The reported amount consists of 23,658 restricted share units and 120,999 common shares of beneficial interest. The restricted share units are to be settled in an equal number of common shares of beneficial interest upon vesting. /s/ Kisha Parker, attorney-in-fact for Mr. Spector 2020-02-26