falsefalse00000811000001085392PUGET ENERGY INC /WA 0000081100 2025-06-09 2025-06-09 0000081100 srt:SubsidiariesMember 2025-06-09 2025-06-09
 
 
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): June 9, 2025
 
 
 
Commission
File Number
 
Exact name of registrant as
specified in its charter, state of incorporation,
address of principal executive offices,
telephone
  
I.R.S. Employer
Identification Number
1-16305
 
PUGET ENERGY, INC.
  
91-1969407
 
 
A Washington Corporation
355 110th Ave NE
Bellevue, Washington 98004-5591
425-454-6363
  
1-4393
 
PUGET SOUND ENERGY, INC.
  
91-0374630
 
 
A Washington Corporation
355 110th Ave NE
Bellevue, Washington 98004-5591
425-454-6363
  
 
 
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
N/A   N/A   N/A
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule
12b-2
of the Securities Exchange Act of 1934.
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 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective June 9, 2025, the sole shareholder of Puget Energy, Inc. and Puget Sound Energy, Inc. (together, the “Companies”) appointed and elected Jerry Divoky to the boards of directors of the Companies (the “Boards”).
Mr. Divoky is Senior Managing Director at British Columbia Investment Management Corporation (“BCIMC”). He joined BCIMC in 2004 and is responsible for sourcing, executing, and managing private direct infrastructure investments globally. Mr. Divoky currently serves on the boards of National Gas Transmission in the U.K., Pacific National Rail in Australia, and Czech Gas in the Czech Republic.
Mr. Divoky was selected by BCIMC and pursuant to the Amended and Restated Bylaws of each of the Companies, will serve as an Owner Director on their respective Boards. The Boards have not yet determined the board committee or committees, if any, on which Mr. Divoky will serve. Mr. Divoky will not receive any director compensation from the Companies for his services as an Owner Director on the Boards, but will be reimbursed for
out-of-pocket
expenses. Any compensation received by Mr. Divoky for his services on the Companies’ Boards is a function of his employment arrangement with BCIMC.

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
 
   
PUGET ENERGY, INC.
   
PUGET SOUND ENERGY, INC.
Dated: June 11, 2025     By:  
/s/ Lorna Luebbe
    Name:   Lorna Luebbe
    Title:   Senior Vice President, General Counsel and Chief Sustainability Officer