Chimera CEO covers taxes with share withholding

Chimera Investment Corp president and CEO Phillip John Kardis II reported a tax-related share disposition tied to equity awards.

Rhea-AI Filing Summary

Chimera Investment Corp president and CEO Phillip John Kardis II reported a tax-related share disposition tied to equity awards. On February 17, 2026, 127,168 shares of common stock were withheld at $13.70 per share to cover taxes on vesting performance and restricted stock units.

After this withholding, his directly held common stock balance is 579,085 shares. Footnotes explain that dividend equivalent rights on these units are included in his common stock holdings, and that each right is economically equivalent to one share of Chimera common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 127,168 shares

Exercise Price or Tax Liability 1 txn

Insider Kardis Phillip John II

Role President and CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	127,168	$13.70	$1.74M

Holdings After Transaction: Common Stock — 579,085 shares (Direct)

Footnotes (2)

1. F1. Shares reported were withheld for payment of taxes associated with the vesting of prior grants of performance stock units ("PSUs") and restricted stock units ("RSUs").
2. F2. Dividend equivalent rights ("DERs") issued on RSUs and PSUs are included in the reporting person's common stock holding balance. Each DER is the economic equivalent of one share of Chimera Investment Corporation common stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Chimera Investment Corp (CIM) report for its CEO?

Chimera’s CEO Phillip John Kardis II reported a tax-withholding disposition of 127,168 common shares. The shares were withheld to pay taxes due on vesting performance and restricted stock units, rather than sold in an open-market transaction, according to the filing’s footnotes.

Was the Chimera (CIM) CEO’s Form 4 transaction an open-market sale?

No, the Chimera CEO’s Form 4 transaction reflects shares withheld for taxes, not an open-market sale. The filing states the 127,168 shares were retained by the company to satisfy tax liabilities from vesting PSUs and RSUs previously granted to the executive.

How many Chimera (CIM) shares does the CEO hold after the reported transaction?

After the tax-withholding disposition, Chimera’s CEO directly holds 579,085 common shares. The filing also notes that dividend equivalent rights issued on his restricted and performance stock units are included in this common stock balance, with each right equal to one share economically.

What price per share was used for the Chimera (CIM) CEO’s tax-withholding disposition?

The tax-withholding disposition used a price of $13.70 per Chimera common share. This price applied to 127,168 shares withheld to cover tax obligations arising from the vesting of prior grants of performance stock units and restricted stock units to the CEO.

What do Chimera (CIM) dividend equivalent rights mean for the CEO’s holdings?

Dividend equivalent rights on the CEO’s RSUs and PSUs are included in his reported common stock balance. Each right is described as economically equivalent to one share of Chimera common stock, effectively aligning these rights with regular shares for economic exposure and reporting purposes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/19/2026 - 04:23 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kardis Phillip John II

(Last) (First) (Middle)

C/O: CHIMERA INVESTMENT CORPORATION

630 FIFTH AVENUE, SUITE 2400

(Street)

NEW YORK NY 10111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CHIMERA INVESTMENT CORP [ CIM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		F		127,168(1)	D	$13.7	579,085(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares reported were withheld for payment of taxes associated with the vesting of prior grants of performance stock units ("PSUs") and restricted stock units ("RSUs").

2. Dividend equivalent rights ("DERs") issued on RSUs and PSUs are included in the reporting person's common stock holding balance. Each DER is the economic equivalent of one share of Chimera Investment Corporation common stock.

Remarks:

	/s/ Phillip John Kardis II	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.