PennyMac Financial Services Files 2025 DEF 14A

TL;DR

PFSI DEF 14A is out - check exec comp & equity awards for FY24.

AI Summary

PennyMac Financial Services, Inc. filed a DEF 14A on April 28, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation and other corporate governance matters. Key information includes data related to stock awards, option awards, and changes in the fair value of equity awards granted to both executive and non-executive personnel.

Why It Matters

This filing provides crucial insights into how PennyMac compensates its top executives and the structure of its equity-based incentive programs, which can influence shareholder value and company performance.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) detailing executive compensation and corporate governance, not indicating immediate financial distress or significant new risks.

Key Numbers

• 20250428 — Filing Date (Indicates when the report was submitted to the SEC.)
• 20250618 — Period of Report (Defines the reporting period covered by the filing.)
• 1231 — Fiscal Year End (Specifies the end date of the company's fiscal year.)

Key Players & Entities

• PennyMac Financial Services, Inc. (company) — Filer
• 0001745916 (company) — Central Index Key
• 3043 TOWNSGATE ROAD (address) — Business and Mail Address
• WESTLAKE VILLAGE (location) — City
• CA (location) — State
• 91361 (zip_code) — Zip Code

FAQ

From the Filing

0001193125-25-100658.txt : 20250428 0001193125-25-100658.hdr.sgml : 20250428 20250428163409 ACCESSION NUMBER: 0001193125-25-100658 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 55 CONFORMED PERIOD OF REPORT: 20250618 FILED AS OF DATE: 20250428 DATE AS OF CHANGE: 20250428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PennyMac Financial Services, Inc. CENTRAL INDEX KEY: 0001745916 STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162] ORGANIZATION NAME: 02 Finance EIN: 831098934 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38727 FILM NUMBER: 25880941 BUSINESS ADDRESS: STREET 1: 3043 TOWNSGATE ROAD CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91361 BUSINESS PHONE: (818) 224-7442 MAIL ADDRESS: STREET 1: 3043 TOWNSGATE ROAD CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91361 FORMER COMPANY: FORMER CONFORMED NAME: New PennyMac Financial Services, Inc. DATE OF NAME CHANGE: 20180709 DEF 14A 1 d828772ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0001745916 0001745916 2024-01-01 2024-12-31 0001745916 2023-01-01 2023-12-31 0001745916 2022-01-01 2022-12-31 0001745916 2021-01-01 2021-12-31 0001745916 2020-01-01 2020-12-31 0001745916 ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001745916 pfsi:StockAwardsAndOptionAwardsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001745916 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001745916 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001745916 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001745916 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001745916 ecd:PeoMember 2024-01-01 2024-12-31 0001745916 pfsi:StockAwardsAndOptionAwardsMember ecd:PeoMember 2024-01-01 2024-12-31 0001745916 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-01-01 2024-12-31 0001745916 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-01-01 2024-12-31 0001745916 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001745916 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001745916 1 2024-01-01 2024-12-31 0001745916 2 2024-01-01 2024-12-31 0001745916 3 2024-01-01 2024-12-31 0001745916 4 2024-01-01 2024-12-31 iso4217:USD xbrli:pure   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934   Filed by the Registrant ☒   Filed by a Party other than the Registrant ☐   Check the appropriate box: ☐   Preliminary Proxy Statement ☐   Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒   Definitive Proxy Statement ☐   Definitive Additional Materials ☐   Soliciting Material under Rule 14a-12   PennyMac Financial Services, Inc. (Name of Registrant as Specified In Its Charter)     (Name(s) of Person(s) Filing Proxy Statement, if other than the Registrant)   Payment of Filing Fee (Check all boxes that apply): ☒   No fee required ☐   Fee paid previously with preliminary materials ☐   Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11     Table of Contents Table of Contents      PennyMac Financial Services, Inc. 3043 Townsgate Road Westlake Village, California 91361 April 28, 2025 Dear Stockholder: You are cordially invited to attend the 2025 Annual Meeting of Stockholders, or the Annual Meeting, of PennyMac Financial Services