---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-035235"
form_type: "8-K"
ticker: "PFSI"
cik: "0001745916"
company_name: "PennyMac Financial Services, Inc."
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T15:29:50.377498+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PennyMac pays $150.2M final award to Black Knight; court confirms arbitration ruling

## Summary
- Arbitrator's final award of $150.2M plus interest paid in full on Feb 14, 2024.
- Florida State Court confirmed award on March 15, giving preclusive effect.
- PennyMac's antitrust counterclaim granted; Black Knight enjoined from enforcing exclusive-dealing clauses.
- PennyMac's SSE technology remains proprietary, free of restrictions, and can be commercialized.
- Pretax expense of $158.4M accrued in Q4 2023; payment now complete.

## SEC filing metadata
- accession: 0001104659-24-035235
- form_type: 8-K
- ticker: PFSI
- cik: 0001745916
- company_name: PennyMac Financial Services, Inc.
- filed_at: 2024-03-18T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1745916/000110465924035235/0001104659-24-035235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1745916/000110465924035235/tm249065d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-035235
- JSON: https://secwatch.observer/filing/0001104659-24-035235.json
- Plain text: https://secwatch.observer/filing/0001104659-24-035235.txt

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