---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-165750"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2024-06-21T23:59:59+00:00"
generated_at: "2026-06-01T02:48:15.941207+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# PennyMac amends exchangeable notes to eliminate physical settlement option

## Summary
- Fifth Supplemental Indenture eliminates PennyMac Corp.'s option to elect physical settlement on its 2024 and 2026 exchangeable notes.
- Minimum cash settlement amount set at $1,000 per $1,000 principal for any combination settlement, effective June 21, 2024.
- Amendment executed by PennyMac Corp., PennyMac Mortgage Investment Trust, and Bank of New York Mellon as trustee.

## SEC filing metadata
- accession: 0001193125-24-165750
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2024-06-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000119312524165750/0001193125-24-165750-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000119312524165750/d830541d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-165750
- JSON: https://secwatch.observer/filing/0001193125-24-165750.json
- Plain text: https://secwatch.observer/filing/0001193125-24-165750.txt

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