David Spector is Chairman and Chief Executive Officer and Trustee of PennyMac Mortgage Investment Trust (PMT). The company reported total compensation of $12,660,536 for fiscal year 2025.
| Salary | $1,483,333 |
|---|---|
| Bonus | $0 |
| Stock awards | $5,437,444 |
| Option awards | $2,025,687 |
| Non-equity incentive plan | $3,608,250 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $105,822 |
| Total | $12,660,536 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure PennyMac Mortgage Investment Trust filed April 21, 2026, accession 0001193125-26-166976.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chairman and Chief Executive Officer and Trustee | $1,483,333 | $0 | $5,437,444 | $2,025,687 | $3,608,250 | $0 | $105,822 | $12,660,536 |
| FY2024 | Chairman and Chief Executive Officer | $1,100,000 | $0 | $4,706,226 | $1,725,634 | $2,965,086 | $0 | $98,894 | $10,595,840 |
| FY2023 | Chairman and Chief Executive Officer and Trustee | $1,000,000 | — | $3,374,957 | $1,184,278 | $1,631,250 | — | $67,998 | $7,258,483 |
| FY2022 | Chairman and Chief Executive Officer and Trustee | $1,000,000 | — | $3,374,952 | $1,214,140 | $3,980,000 | — | $101,959 | $9,671,051 |
Totals as disclosed in each year's own compensation disclosure for PennyMac Mortgage Investment Trust.
| Peer-group chief executive median | $7,425,323 |
|---|---|
| Difference from that median | $5,235,214 |
| Percentile within the disclosed peer group | 71st |
| Peers with a disclosed figure | 14 |
Medians and percentiles are computed across the peer group PennyMac Mortgage Investment Trust discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| David Spector this page | Chairman and Chief Executive Officer and Trustee | $12,660,536 |
| Doug Jones | Trustee, President and Chief Mortgage Banking Officer | $7,488,010 |
| Daniel Perotti | Senior Managing Director and Chief Financial Officer | $3,871,459 |
| Derek Stark | Senior Managing Director, Chief Legal Officer and Secretary | $2,561,222 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full PennyMac Mortgage Investment Trust compensation brief.
David Spector's compensation sits inside PennyMac Mortgage Investment Trust's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.
The PennyMac Mortgage Investment Trust (PMT) compensation brief