PennyMac Financial Services, Inc.
For the period ended Jun 18, 2025. Filed Apr 28, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jun 18, 2025 · Filed Apr 28, 2025
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934
Filed by the Registrant ☒
Filed by a Party other than the Registrant ☐
| Check the appropriate box: | |
|---|---|
| ☐ | Preliminary Proxy Statement |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☒ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material under Rule 14a-12 |
PennyMac Financial Services, Inc.
(Name of Registrant as Specified In Its Charter)
(Name(s) of Person(s) Filing Proxy Statement, if other than the Registrant)
| Payment of Filing Fee (Check all boxes that apply): | |
|---|---|
| ☒ | No fee required |
| ☐ | Fee paid previously with preliminary materials |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 |
PennyMac Financial Services, Inc. 3043 Townsgate Road Westlake Village, California 91361
April 28, 2025
Dear Stockholder:
You are cordially invited to attend the 2025 Annual Meeting of Stockholders, or the Annual Meeting, of PennyMac Financial Services, Inc. to be held on Wednesday, June 18, 2025, at 11:00 a.m. Pacific Time. The 2025 Annual Meeting will be conducted online via live webcast atwww.virtualshareholdermeeting.com/PFSI2025.
The Notice of 2025 Annual Meeting of Stockholders and Proxy Statement are attached to this letter and contain information about the matters on which you will be asked to vote at the Annual Meeting. We will transact no other business at the Annual Meeting, except for business properly brought before the Annual Meeting or any postponement or adjournment thereof by our Board of Directors. Only our stockholders of record at the close of business on April 21, 2025, the record date, are entitled to vote at the Annual Meeting.
Your vote is very important. Please carefully read the Notice of 2025 Annual Meeting of Stockholders and Proxy Statement so that you will know the matters on which we plan to vote at the Annual Meeting, and then vote your shares by proxy, by mail, by Internet or by telephone as soon as possible to make sure that your shares are represented at the Annual Meeting.
ONLINE ANNUAL MEETING: To participate in the online Annual Meeting, you will need to log-in towww.virtualshareholdermeeting.com/PFSI2025 using the 16-digit control number found on the proxy card, voting instruction form, notice of internet availability of proxy materials or email, as applicable, previously sent or made available to stockholders entitled to vote at the Annual Meeting. Please read “INFORMATION CONCERNING VOTING AND SOLICITATION—Who can attend the Annual Meeting?” in the accompanying Proxy Statement. If it is determined the Annual Meeting will be held at a different time or in a different location or format, an announcement of any such updates will be provided by means of a press release, which will be posted on our website (pfsi.pennymac.com) and filed with the SEC via its EDGAR system.
On behalf of our Board of Directors, we look forward to your participation in our upcoming online Annual Meeting.
Sincerely,
DAVID A. SPECTOR
Chairman and Chief Executive Officer
PennyMac Financial Services, Inc. 3043 Townsgate Road Westlake Village, California 91361
Notice of 2025 Annual Meeting of Stockholders
| Date and Time: | Wednesday, June 18, 2025 at 11:00 a.m. Pacific Time |
|---|---|
| Location: | Online via live webcast at www.virtualshareholdermeeting.com/PFSI2025 |
| Record Date: | April 21, 2025. Only stockholders of record at the close of business on the record date are entitled to receive notice of, and vote at, the 2025 Annual Meeting of Stockholders, or Annual Meeting, and any continuation, postponement or adjournment thereof. |
| Mailing Date: | We intend to mail the Notice Regarding the Availability of Proxy Materials, or the Proxy Statement and proxy card, as applicable, on or about April 28, 2025 to our stockholders of record on the record date. |
| Items of Business: | • To elect the eleven (11) director nominees identified in the enclosed Proxy Statement to serve on our Board of Directors, each for a one year term expiring at the 2026 annual meeting of stockholders; |
| • To ratify the appointment of our independent registered public accounting firm for the fiscal year ending December 31, 2025; | |
| • To approve, by non-binding advisory vote, the compensation of our named executive officers; and | |
| • To transact such other business as may properly come before the Annual Meeting and any postponement or adjournment thereof. | |
| Attendance: | To be admitted to the Annual Meeting virtually, you will need to log-in to www.virtualshareholdermeeting.com/ PFSI2025 using the 16-digit control number found on the proxy card, voting instruction form, notice of internet availability of proxy materials or email, as applicable, previously sent or made available to stockholders entitled to vote at the Annual Meeting. Please read “INFORMATION CONCERNING VOTING AND SOLICITATION—Who can attend the Annual Meeting?” in the accompanying Proxy Statement. |
| Voting: | Whether or not you plan to attend the Annual Meeting, we encourage you to vote your shares by proxy, by mail, by Internet or by telephone as soon as possible to make sure that your shares are represented at the Annual Meeting. If your shares are held in an account at a brokerage firm or bank, you must instruct that firm or bank as to how to vote your shares. |
By Order of the Board of Directors,
DEREK W. STARK
Secretary
IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE
ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 18, 2025:
This Notice of 2025 Annual Meeting of Stockholders, Proxy Statement and 2024 Annual Report to Stockholders, which includes our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, are available atwww.proxyvote.com.
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