secwatch.observer — SEC 8-K summary
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Issuer:     PennyMac Mortgage Investment Trust (PMT)
CIK:        0001464423
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001564590-23-006004
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Donna Corley elected to PMT board; Marianne Sullivan steps down, effective June 1, 2023
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- Donna Corley, former Freddie Mac EVP & Head of Single-Family Business, joins as independent Class I trustee effective June 1.
- Marianne Sullivan steps down from Board on June 1 due to other professional commitments; no disagreement with Company.
- Corley will chair Finance Committee and serve on Risk Committee; receives $90k annual retainer plus $105k in restricted share units.
- Corley managed a ~$3 trillion single-family mortgage portfolio at Freddie Mac and served as Chief Risk Officer.
- Press release issued April 20, 2023; change is planned and orderly.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1464423/000156459023006004/0001564590-23-006004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1464423/000156459023006004/pmt-8k_20230417.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-006004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer