Form 4: Chimera Investment Corp CFO Viswanathan Reports Stock Disposal for Tax Obligations

Subramaniam Viswanathan, CFO of Chimera Investment Corp, reported disposing of 2,105 shares of common stock to cover tax obligations related to vesting of performance stock units and restricted stock units.

Summary

• On February 21, 2025, Subramaniam Viswanathan, the Chief Financial Officer of Chimera Investment Corp, disposed of 2,105 shares of common stock.
• The shares were disposed of to cover tax obligations associated with the vesting of prior grants of performance stock units (PSUs) and restricted stock units (RSUs).
• The transaction was executed at a price of $13.76 per share.
• Following the transaction, Viswanathan directly owns 163,839 shares of Chimera Investment Corp common stock, which includes DERs issued on RSUs, PSUs, and deferred stock units.

Sentiment

Score: 5

Explanation: This is a neutral filing related to a routine stock transaction for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CFO's stock disposal to cover tax obligations, a common practice after vesting of stock-based compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive to cover tax obligations.

Key Dates