Healey Susan S 4
Research Summary
AI-generated summary
Cherry Hill (CHMI) GC & Secretary Susan Healey Receives RSU Award
What Happened Susan S. Healey, General Counsel and Secretary of Cherry Hill Mortgage Investment Corp (CHMI), was granted 24,414 restricted stock units (RSUs) on February 10, 2026. The grant is recorded as a derivative award at $0.00 per RSU (transaction code A) — this is compensation, not an open-market purchase or sale, and has no immediate cash cost or sale proceeds.
Key Details
- Transaction date: February 10, 2026 (Form 4 filed Feb 10, 2026) — appears to be filed timely.
- Grant: 24,414 RSUs; price reported $0.00 (award/derivative).
- Vesting: RSUs vest in full on February 10, 2027 (per filing footnote).
- Conversion: Each RSU equals the right to one share of common stock; vested RSUs payable in shares no later than 60 days after vesting, subject to tax withholding (footnote).
- Dividend equivalents: Accrue on unvested RSUs and vest with the RSUs (footnote).
- Shares owned after transaction: The provided excerpt does not state total shares owned after the grant; the award represents a future entitlement to 24,414 shares upon vesting.
- Transaction code: A = Award/Grant (derivative).
Context RSUs are a form of equity compensation that convert to actual shares only when they vest — they are not an immediate purchase or sale and do not necessarily indicate a trading view by the insider. This grant appears to be routine compensation under the company's equity plan; no immediate cash value was exchanged and no shares were sold.