PennyMac Mortgage Investment Trust Announces Board and Compensation Changes
Ticker: PMT-PC · Form: 8-K · Filed: Jun 13, 2024 · CIK: 1464423
| Field | Detail |
|---|---|
| Company | Pennymac Mortgage Investment Trust (PMT-PC) |
| Form Type | 8-K |
| Filed Date | Jun 13, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $95,000, $7,750, $110,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-compensation, board-of-directors
Related Tickers: PMT
TL;DR
PMT filed an 8-K detailing director elections, officer compensation adjustments, and other corporate events.
AI Summary
PennyMac Mortgage Investment Trust (PMT) announced on June 12, 2024, the election of new directors and changes in officer compensation. The filing also details the submission of matters to a vote of security holders and other events, including financial statements and exhibits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing is primarily procedural, reporting on board and compensation matters without immediate financial implications.
Key Players & Entities
- PennyMac Mortgage Investment Trust (company) — Registrant
- June 12, 2024 (date) — Date of earliest event reported
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not elaborated upon in the provided text.
Who are the newly elected directors?
The filing mentions the election of directors but does not list their names in the provided text.
What are the changes to officer compensation arrangements?
The filing notes changes to compensatory arrangements of certain officers, but the specifics of these changes are not detailed in the provided text.
What is the fiscal year end for PennyMac Mortgage Investment Trust?
The fiscal year end for PennyMac Mortgage Investment Trust is December 31.
What is the state of incorporation for PennyMac Mortgage Investment Trust?
PennyMac Mortgage Investment Trust is incorporated in Maryland (MD).
Filing Stats: 1,013 words · 4 min read · ~3 pages · Grade level 10.9 · Accepted 2024-06-13 06:05:39
Key Financial Figures
- $0.01 — Common Shares of Beneficial Interest, $0.01 par value PMT New York Stock Exchan
- $95,000 — will receive an annual base retainer of $95,000 and annual committee retainers of $7,75
- $7,750 — 5,000 and annual committee retainers of $7,750 for serving on each of the Audit and th
- $110,000 — une 12, 2024 a one-time equity grant of $110,000 in restricted share units under the Com
Filing Documents
- d817850d8k.htm (8-K) — 48KB
- d817850dex991.htm (EX-99.1) — 5KB
- g817850snap1.jpg (GRAPHIC) — 8KB
- 0001193125-24-160261.txt ( ) — 238KB
- pmtu-20240612.xsd (EX-101.SCH) — 4KB
- pmtu-20240612_def.xml (EX-101.DEF) — 14KB
- pmtu-20240612_lab.xml (EX-101.LAB) — 24KB
- pmtu-20240612_pre.xml (EX-101.PRE) — 15KB
- d817850d8k_htm.xml (XML) — 9KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated June 12, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PENNYMAC MORTGAGE INVESTMENT TRUST Dated: June 13, 2024 /s/ Daniel S. Perotti Daniel S. Perotti Senior Managing Director and Chief Financial Officer