---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-272861"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2026-06-16T21:11:28+00:00"
generated_at: "2026-06-16T21:12:23.078991+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PennyMac Mortgage Investment Trust elects Scott Sauer as Class III trustee

## Summary
- Sauer was elected to Board on June 15, 2026, will serve until 2027 annual meeting.
- He will receive $105,000 annual retainer, $7,750 Risk Committee retainer, and $130K one-time RSU grant.
- At annual meeting on June 16, 2026, all three Class II trustees re-elected, Deloitte ratified, say-on-pay approved.
- Sauer spent nearly 20 years as Deloitte audit partner and holds CPA and NACD directorship certification.
- No related-party transactions and no other arrangements in connection with Sauer's election.

## SEC filing metadata
- accession: 0001193125-26-272861
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2026-06-16T21:11:28+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000119312526272861/0001193125-26-272861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000119312526272861/d92511d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-272861
- JSON: https://secwatch.observer/filing/0001193125-26-272861.json
- Plain text: https://secwatch.observer/filing/0001193125-26-272861.txt

## Key facts
- Executive change
  Scott Sauer was elected as Class III Trustee at PennyMac Mortgage Investment Trust.
  - Action: elected
  - Role: Class III Trustee
  source text: On June 15, 2026, the Board of Trustees (the “Board”) of PennyMac Mortgage Investment Trust (the “Company”) elected Scott Sauer as a Class III Trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000119312526272861/0001193125-26-272861-index.htm
- Shareholder Votes
  PennyMac Mortgage Investment Trust shareholders approved Approval, by non-binding vote, of the Company's executive compensation at the 2026-06-16 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2026-06-16
  source text: Proposal 3: Approval, by non-binding vote, of the Company’s executive compensation. Votes For Votes Against Abstentions Broker Non-Votes 50,034,544 1,918,452 364,987 18,557,402
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000119312526272861/0001193125-26-272861-index.htm
- Shareholder Votes
  PennyMac Mortgage Investment Trust shareholders approved Election of three Class II trustee nominees to serve on the Board of Trustees until the 2029 Annual Meeting of Shareholders at the 2026-06-16 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2026-06-16
  source text: Proposal 1: The election of three (3) Class II trustee nominees to serve on the Board of Trustees until the 2029 Annual Meeting of Shareholders. Trustee Votes For Votes Against Abstentions Broker Non-Votes Preston DuFauchard 40,416,570 11,760,494 140,919 18,557,402 Nancy McAllister 49,835,723 2,352,649 129,611 18,557,402 Stacey D. Stewart 37,190,340 14,990,183 137,460 18,557,402
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000119312526272861/0001193125-26-272861-index.htm
- Shareholder Votes
  PennyMac Mortgage Investment Trust shareholders approved Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026 at the 2026-06-16 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2026-06-16
  source text: Proposal 2: Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026. Votes For Votes Against Abstentions Broker Non-Votes 68,988,146 1,607,824 279,415 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464423/000119312526272861/0001193125-26-272861-index.htm

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