PennyMac Mortgage Investment Trust (PMT) executive compensation, 2026 proxy

David A. Spector, Chairman and Chief Executive Officer and Trustee, was paid $1.4M in fiscal 2025, up 40% from $999,987 the year before.

Filed
April 21, 2026
Annual meeting
June 16, 2026
Pay year
fiscal 2025
Named executives
5
CEO total pay
$1.4M+40% vs prior year
CEO pay in equity
100%$1.4M in awards
Prior say-on-pay support
93%of votes cast
CEO Total Compensation
$1,399,994Fiscal 2025 total pay
Say-on-Pay Support
93%2025 annual meeting support

How Spector was paid

$1.4M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Stock awards100%

Named executive officers

ExecutiveTotal
David A. SpectorChairman and Chief Executive Officer and Trustee$1,399,994
Doug JonesTrustee, President and Chief Mortgage Banking Officer$799,980
Daniel S. PerottiSenior Managing Director and Chief Financial Officer$499,988
Mark ElbaumSenior Managing Director and Chief Capital Markets Officer$299,978
Derek W. StarkSenior Managing Director, Chief Legal Officer and Secretary$249,987

What changed and why

  • $1.4MDavid A. Spector received total compensation of $1,399,994 in fiscal 2025, representing an increase from $999,987 in fiscal 2024.
  • Named executive officers were compensated exclusively through long-term equity awards consisting of RSUs and PSUs.
  • The company does not provide cash compensation, bonuses, pension benefits, or nonqualified deferred compensation to named executive officers.
  • 93%Approximately 93% of the votes cast supported the say-on-pay proposal at the 2025 annual meeting of shareholders.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.