Form 4: Cherry Hill Mortgage Investment Corp: CFO Hutchby Reports Stock Transactions
SEC Form 4
Chief Financial Officer Michael Andrew Hutchby reports acquisition and disposal of Cherry Hill Mortgage Investment Corp (CHMI) common stock on June 26, 2024.
Summary
- On June 26, 2024, Michael Andrew Hutchby, CFO of Cherry Hill Mortgage Investment Corp, reported transactions involving the company's common stock.
- Hutchby acquired 7,712 shares of common stock.
- He also disposed of 3,229 shares to cover tax withholding requirements at a price of $3.89 per share.
- Following these transactions, Hutchby directly owns 4,483 shares of Cherry Hill Mortgage Investment Corp.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides information for investors to interpret.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of key personnel.
Stakeholder Impact
- Shareholders can use this information to understand the actions of company insiders and their confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of stock acquisition and disposal transactions. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.