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    PennyMac Mortgage Investment Trust filed SEC Form 8-K: Results of Operations and Financial Condition

    2/1/24 5:01:11 PM ET
    $PMT
    Real Estate Investment Trusts
    Real Estate
    Get the next $PMT alert in real time by email
    8-K
    false 0001464423 0001464423 2024-02-01 2024-02-01 0001464423 us-gaap:CommonStockMember 2024-02-01 2024-02-01 0001464423 us-gaap:SeriesAPreferredStockMember 2024-02-01 2024-02-01 0001464423 us-gaap:SeriesBPreferredStockMember 2024-02-01 2024-02-01 0001464423 us-gaap:SeriesCPreferredStockMember 2024-02-01 2024-02-01 0001464423 pmt:SeniorNoteDueTwoThousandTwentyEightMember 2024-02-01 2024-02-01

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d)

    of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): February 1, 2024

     

     

    PennyMac Mortgage Investment Trust

    (Exact name of registrant as specified in its charter)

     

     

     

    Maryland   001-34416   27-0186273
    (State or other jurisdiction
    of incorporation)
      (Commission
    File Number)
      (IRS Employer
    Identification No.)

     

    3043 Townsgate Road, Westlake Village, California   91361
    (Address of principal executive offices)   (Zip Code)

    (818) 224-7442

    (Registrant’s telephone number, including area code)

    Not Applicable

    (Former name or former address, if changed since last report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

      

    Trading
    Symbol(s)

      

    Name of each exchange
    on which registered

    Common Shares of Beneficial Interest, $0.01 par value    PMT    New York Stock Exchange
    8.125% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value    PMT/PA    New York Stock Exchange
    8.00% Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value    PMT/PB    New York Stock Exchange
    6.75% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value    PMT/PC    New York Stock Exchange
    8.50% Senior Note Due 2028    PMTU    New York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     


    Item 2.02

    Results of Operations and Financial Condition.

    On February 1, 2024, PennyMac Mortgage Investment Trust (the “Company”) issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2023. A copy of the press release and the slide presentation used in connection with the Company’s presentation of financial results were made available on February 1, 2024 and are furnished as Exhibits 99.1 and Exhibit 99.2, respectively. In addition, the Company has made available other supplemental financial information for the fiscal quarter and year ended December 31, 2023 on its website at pmt.pennymac.com.

    The information in Item 2.02 of this report, including the exhibits hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of Section 18, nor shall it be deemed incorporated by reference into any disclosure document relating to the Company, except to the extent, if any, expressly set forth by specific reference in such filing.

     

    Item 9.01

    Financial Statements and Exhibits.

    (d) Exhibits.

     

    Exhibit
    No.

      

    Description

    99.1    Press Release, dated February 1, 2024, issued by PennyMac Mortgage Investment Trust pertaining to its financial results for the fiscal quarter and year ended December 31, 2023.
    99.2    Earnings Report for use beginning on February 1, 2024 in connection with a presentation of financial results for the fiscal quarter and year ended December 31, 2023.
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

          PENNYMAC MORTGAGE INVESTMENT TRUST
    Dated: February 1, 2024      

    /s/ Daniel S. Perotti

         

    Daniel S. Perotti

    Senior Managing Director and Chief Financial Officer

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