David  Spector net worth and biography

David Spector Biography and Net Worth

Chairman and Chief Executive Officer of PennyMac Mortgage Investment Trust

Mr. Spector has been a member of our Board since our formation in May 2009 and has been our Chairman and Chief Executive Officer since February 2021 and prior thereto as our President and Chief Executive Officer since January 2017. He served as our Executive Managing Director, President and Chief Operating Officer from February 2016 through December 2016 and, prior thereto, as President and Chief Operating Officer since May 2009. Mr. Spector has also served in a variety of similar executive positions at PFSI and its affiliates from its founding in January 2008. Prior to joining PFSI and its affiliates, Mr. Spector was co-head of global residential mortgages for Morgan Stanley, a global financial services firm, based in London. Before joining Morgan Stanley in September 2006, Mr. Spector was the senior managing director, secondary marketing, at Countrywide, where he was employed from May 1990 to August 2006. Mr. Spector holds a B.A. from the University of California, Los Angeles.

What is David Spector's net worth?

The estimated net worth of David Spector is at least $1.26 million as of January 13th, 2026. Mr. Spector owns 100,604 shares of PennyMac Mortgage Investment Trust stock worth more than $1,256,041 as of February 12th. This net worth estimate does not reflect any other assets that Mr. Spector may own. Learn More about David Spector's net worth.

How old is David Spector?

Mr. Spector is currently 61 years old. There are 6 older executives and no younger executives at PennyMac Mortgage Investment Trust. Learn More on David Spector's age.

How do I contact David Spector?

The corporate mailing address for Mr. Spector and other PennyMac Mortgage Investment Trust executives is 3043 Townsgate Road, Westlake Village CA, 91361. PennyMac Mortgage Investment Trust can also be reached via phone at (818) 224-7028 and via email at [email protected]. Learn More on David Spector's contact information.

Has David Spector been buying or selling shares of PennyMac Mortgage Investment Trust?

David Spector has not been actively trading shares of PennyMac Mortgage Investment Trust during the past quarter. Most recently, on Monday, November 17th, David Spector bought 10,000 shares of PennyMac Mortgage Investment Trust stock. The stock was acquired at an average cost of $12.40 per share, with a total value of $124,000.00. Following the completion of the transaction, the chief executive officer now directly owns 357,794 shares of the company's stock, valued at $4,436,645.60. Learn More on David Spector's trading history.

Who are PennyMac Mortgage Investment Trust's active insiders?

PennyMac Mortgage Investment Trust's insider roster includes Scott Carnahan (Director), Doug Jones (Director), Catherine Lynch (Director), David Spector (Chairman and Chief Executive Officer), and Stacey Stewart (Director). Learn More on PennyMac Mortgage Investment Trust's active insiders.

Are insiders buying or selling shares of PennyMac Mortgage Investment Trust?

In the last year, PennyMac Mortgage Investment Trust insiders bought shares 6 times. They purchased a total of 19,988 shares worth more than $247,688.36. In the last year, insiders at the real estate investment trust sold shares 1 times. They sold a total of 14,530 shares worth more than $210,685.00. The most recent insider tranaction occured on January, 23rd when Director Catherine A Lynch bought 1,451 shares worth more than $19,211.24. Insiders at PennyMac Mortgage Investment Trust own 0.9% of the company. Learn More about insider trades at PennyMac Mortgage Investment Trust.

Information on this page was last updated on 1/23/2026.

David Spector Insider Trading History at PennyMac Mortgage Investment Trust

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/17/2025Buy10,000$12.40$124,000.00357,794View SEC Filing Icon  
9/8/2022Buy20,000$13.71$274,200.00232,574View SEC Filing Icon  
3/20/2019Sell35,000$20.61$721,350.00View SEC Filing Icon  
8/8/2018Sell5,490$19.56$107,384.40View SEC Filing Icon  
8/1/2018Sell7,000$19.15$134,050.00View SEC Filing Icon  
7/25/2018Sell7,000$18.68$130,760.00View SEC Filing Icon  
7/18/2018Sell7,000$18.62$130,340.00View SEC Filing Icon  
6/4/2018Sell8,235$18.68$153,829.80View SEC Filing Icon  
2/26/2018Sell18,846$17.30$326,035.80View SEC Filing Icon  
10/18/2017Sell18,750$16.91$317,062.50View SEC Filing Icon  
10/11/2017Sell18,750$17.39$326,062.50View SEC Filing Icon  
10/4/2017Sell18,750$17.61$330,187.50View SEC Filing Icon  
9/27/2017Sell18,750$17.40$326,250.00View SEC Filing Icon  
6/5/2017Sell8,235$17.59$144,853.65View SEC Filing Icon  
6/3/2016Sell8,235$15.79$130,030.65281,919View SEC Filing Icon  
5/17/2016Sell17,250$14.87$256,507.50300,871View SEC Filing Icon  
2/24/2016Sell8,086$12.01$97,112.86315,490View SEC Filing Icon  
6/3/2015Sell8,235$18.47$152,100.45View SEC Filing Icon  
5/15/2015Sell17,250$18.11$312,397.50View SEC Filing Icon  
3/9/2015Sell9,000$20.63$185,670.00View SEC Filing Icon  
5/16/2014Sell8,375$20.85$174,618.75207,111View SEC Filing Icon  
5/14/2014Sell7,200$21.22$152,784.00215,486View SEC Filing Icon  
8/5/2013Sell7,500$21.98$164,850.00230,186View SEC Filing Icon  
5/15/2013Sell8,375$23.72$198,655.00View SEC Filing Icon  
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David Spector Buying and Selling Activity at PennyMac Mortgage Investment Trust

This chart shows David Spector's buying and selling at PennyMac Mortgage Investment Trust by year and by quarter.

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PennyMac Mortgage Investment Trust Company Overview

PennyMac Mortgage Investment Trust logo
PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, subordinate mortgage-backed securities (MBS), distressed loans, and real estate. The company's Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency MBS, as well as related interest rate hedging activities. Its Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored entities or PennyMac Loan Services, LLC. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. The company was incorporated in 2009 and is headquartered in Westlake Village, California.
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Today's Range

Now: $12.49
Low: $12.40
High: $12.65

50 Day Range

MA: $12.82
Low: $11.84
High: $13.81

2 Week Range

Now: $12.49
Low: $11.60
High: $14.93

Volume

1,012,616 shs

Average Volume

1,421,488 shs

Market Capitalization

$1.09 billion

P/E Ratio

12.74

Dividend Yield

12.94%

Beta

1.27