Chimera Investment Corp (CIM) CEO Kardis Acquires 101,772 Shares via PSU Vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chimera Investment Corporation reported an insider equity transaction by President, CEO, and Director Phillip John Kardis II. On 12/18/2025, he acquired 101,772 shares of Chimera common stock at a stated price of $0, reflecting the vesting of performance stock units and associated dividend equivalent rights. Each performance stock unit and each dividend equivalent right is the economic equivalent of one share of Chimera common stock.
Following this vesting event, Kardis beneficially owns 500,721 shares of Chimera common stock in direct form.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kardis Phillip John II
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 101,772 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 500,721 shares (Direct)
Footnotes (1)
- Represents vesting of shares of Chimera Investment Corporation ("Chimera") common stock underlying performance stock units ("PSUs") and the dividend equivalent rights ("DERs") accrued on such PSUs since the grant date. Each PSU is the economic equivalent of one share of Chimera common stock. DERs issued on Restricted Stock Units or 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 common stock.
FAQ
What insider transaction did Chimera Investment Corp (CIM) report?
Chimera Investment Corp reported that President, CEO, and Director Phillip John Kardis II acquired 101,772 shares of common stock on 12/18/2025 at a stated price of $0.
What are PSUs and DERs in this Chimera Investment Corp (CIM) filing?
Each PSU is the economic equivalent of one share of Chimera common stock, and each DER is also the economic equivalent of one share, with DERs issued on RSUs and PSUs included in the reporting person’s common stock balance.
Is the reported CIM insider transaction a purchase on the open market?
No, the Form 4 indicates the shares were acquired at a price of $0 in connection with vesting of equity awards, rather than an open-market purchase.