---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-000828"
form_type: "8-K"
ticker: "PFSI"
cik: "0001745916"
company_name: "PennyMac Financial Services, Inc."
filed_at: "2025-01-03T23:59:59+00:00"
generated_at: "2026-05-28T14:52:17.867092+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# PennyMac Financial reduces board to 11 directors; stockholder agreement amended after retirements

## Summary
- Board maximum reduced from 13 to 11 following retirements of James K. Hunt and Emily Youssouf on Dec 31, 2024.
- Fourth Amended and Restated Stockholder Agreement signed with HC Partners to reflect the change.
- Bylaws amended accordingly (Third Amendment to Bylaws filed as Exhibit 3.1).
- HCP retains nomination rights: 2 directors if holding 15%+ voting power, 1 if 10%+ (excluding charitable entities).
- Stockholder agreement also provides consent rights for charter/bylaw amendments adverse to HCP.

## SEC filing metadata
- accession: 0001104659-25-000828
- form_type: 8-K
- ticker: PFSI
- cik: 0001745916
- company_name: PennyMac Financial Services, Inc.
- filed_at: 2025-01-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1745916/000110465925000828/0001104659-25-000828-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1745916/000110465925000828/tm251720d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-000828
- JSON: https://secwatch.observer/filing/0001104659-25-000828.json
- Plain text: https://secwatch.observer/filing/0001104659-25-000828.txt

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