Form 4: Chimera CFO's Tax-Related Stock Disposition

Chimera Investment Corp's CFO, Subramaniam Viswanathan, reported a tax-related disposition of 31,675 shares of common stock at $12.79 per share.

Summary

• Subramaniam Viswanathan, Chief Financial Officer of Chimera Investment Corp (CIM), reported a transaction on December 1, 2025.
• The transaction involved the disposition of 31,675 shares of common stock at a price of $12.79 per share.
• These shares were withheld for the payment of taxes associated with the settlement of deferred shares.
• The deferred shares originated from the vesting of prior grants of performance stock units (PSUs) and restricted stock units (RSUs).
• This settlement was a result of the liquidation of the Stock Award Deferral Program on November 30, 2025, as previously disclosed in Chimera's Annual Report on Form 10-K for the year ended December 31, 2024.
• Following this transaction, Mr. Viswanathan beneficially owns 145,931 shares of common stock, which includes dividend equivalent rights (DERs) issued on RSUs and PSUs.

Sentiment

Score: 5

Explanation: The transaction is a routine, mandatory tax withholding event associated with the vesting of equity awards, which is neither inherently positive nor negative for the company's operational or financial performance.

Positives

• The transaction represents the vesting of previously granted equity awards to the CFO, indicating the fulfillment of compensation incentives.

Negatives

• A reduction of 31,675 shares in the CFO's direct beneficial ownership due to tax withholding, although this is a non-discretionary event.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 reports a standard insider transaction related to equity compensation and tax obligations, which is a common occurrence across all industries for executives receiving stock-based awards. It does not provide information relevant to broader industry trends or competitors.

Comparison to Industry Standards

• The reported transaction is a routine tax withholding event associated with the vesting of equity awards, a standard practice in executive compensation across publicly traded companies. There are no specific comparable companies, projects, or results detailed in this filing to assess against global benchmarks.

Stakeholder Impact

• Shareholders: Minor impact as this is a routine tax-related disposition by an insider, not a discretionary sale reflecting a change in investment sentiment.

Key Dates

Keywords

Chimera Investment Corp, CIM, Form 4, insider transaction, CFO, stock award, tax withholding, PSU, RSU, equity compensation, beneficial ownership