---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-010368"
form_type: "8-K"
ticker: "PFSI"
cik: "0001745916"
company_name: "PennyMac Financial Services, Inc."
filed_at: "2024-02-05T23:59:59+00:00"
generated_at: "2026-06-06T09:13:13.159530+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PennyMac final arbitration award: $150.2M to Black Knight, wins antitrust injunction

## Summary
- Final award: PennyMac pays Black Knight $150.2M damages plus $7.0M prejudgment interest; $158.4M pretax accrued in Q4 2023.
- Arbitrator granted PennyMac's Sherman Act monopolization claim, enjoining Black Knight; SSE technology remains PennyMac's proprietary asset.
- Black Knight's trade secret claim denied; ICE (Black Knight's parent) stated it will not seek to vacate award.
- PennyMac filed motion to confirm award in Florida state court; plans to pursue value from SSE platform.
- Initial damages of $155.2M corrected to $150.2M due to computational error; no further modifications pending.

## SEC filing metadata
- accession: 0001104659-24-010368
- form_type: 8-K
- ticker: PFSI
- cik: 0001745916
- company_name: PennyMac Financial Services, Inc.
- filed_at: 2024-02-05T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1745916/000110465924010368/0001104659-24-010368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1745916/000110465924010368/tm245184d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-010368
- JSON: https://secwatch.observer/filing/0001104659-24-010368.json
- Plain text: https://secwatch.observer/filing/0001104659-24-010368.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.