Chimera CLO reports tax-withheld share disposition
Chimera Investment Corp Chief Legal Officer and Secretary Miyun Sung reported a tax-related share disposition.
Rhea-AI Filing Summary
Chimera Investment Corp Chief Legal Officer and Secretary Miyun Sung reported a tax-related share disposition. On February 17, 2026, 8,165 shares of common stock were withheld at $13.70 per share to cover taxes tied to previously vested restricted stock units.
After this tax-withholding disposition, Sung directly holds 60,836 shares of Chimera common stock. Footnotes explain that dividend equivalent rights linked to restricted and performance stock units are included in this common stock balance and are economically equivalent to one share each.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,165 | $13.70 | $112K |
Footnotes (2)
- F1. Shares reported were withheld for payment of taxes associated with the vesting of prior grants of restricted stock units ("RSUs").
- F2. Dividend equivalent rights ("DERs") issued on RSUs and underlying performance stock units or 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
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What insider transaction did Chimera Investment Corp (CIM) report for Miyun Sung?
What are dividend equivalent rights (DERs) mentioned in the Chimera (CIM) Form 4?
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