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Chimera (CIM) CLO Miyun Sung has 8,165 shares withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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

  • None.

Negative

  • None.
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*
Sung Miyun

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer & Secy.
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 8,165(1) D $13.7 60,836(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 restricted stock units ("RSUs").
2. 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.
Remarks:
/s/ Miyun Sung 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.

FAQ

What insider transaction did Chimera Investment Corp (CIM) report for Miyun Sung?

Miyun Sung reported a tax-withholding disposition of Chimera shares. On February 17, 2026, 8,165 common shares were withheld to pay taxes arising from the vesting of earlier restricted stock unit awards, rather than being sold in an open-market transaction.

How many Chimera (CIM) shares were withheld and at what price in this Form 4?

Chimera withheld 8,165 common shares at $13.70 each for taxes. The shares were used to satisfy tax obligations associated with the vesting of prior restricted stock units, according to the Form 4 and its footnotes.

How many Chimera Investment Corp (CIM) shares does Miyun Sung hold after the transaction?

After the transaction, Miyun Sung holds 60,836 Chimera common shares. This post-transaction balance includes dividend equivalent rights tied to restricted and performance stock units, which are treated as economically equivalent to one share of common stock each.

Was the Chimera (CIM) insider transaction an open-market sale of shares?

No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld to cover tax liabilities from vested restricted stock units, as described by transaction code F and the accompanying Form 4 footnote.

What are dividend equivalent rights (DERs) mentioned in the Chimera (CIM) Form 4?

Dividend equivalent rights are linked to RSUs and performance stock units. Each DER is economically equal to one Chimera common share and is included in Miyun Sung’s reported common stock holdings, according to the Form 4 footnote.
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