Patel Apeksha 4

4 · Cherry Hill Mortgage Investment Corp · Filed Apr 23, 2026

AI-generated summary of this filing

Updated Apr 23, 2026

Cherry Hill (CHMI) CFO Apeksha Patel Receives RSU Award

What Happened

Apeksha Patel, Chief Financial Officer of Cherry Hill Mortgage Investment Corp (CHMI), was granted 75,758 restricted stock units (RSUs) on April 21, 2026. The grant is recorded as a derivative award (code A) at $0.00 per unit; each RSU represents the right to receive one share of common stock upon vesting.

Key Details

Transaction date: 2026-04-21; Form 4 filed 2026-04-23 (filed within standard 2‑business-day window).
Transaction type/code: Award/Grant (A); reported price $0.00 (derivative grant).
Amount granted: 75,758 RSUs (each convertible into one share upon vesting).
Vesting: Ratable over three years — one-third vests 4/21/2027, one-third 4/21/2028, one-third 4/21/2029 (per grant terms).
Delivery & taxes: Vested RSUs payable in shares no later than 60 days after vesting; dividend equivalents accrue on unvested RSUs and are paid within 30 days of dividend distributions; payouts subject to tax withholding (see footnotes).
Shares owned after transaction: Not specified in the Form 4 filing.

Context

This is a compensation grant (not a market purchase or sale). RSU grants are commonly used for executive pay and do not represent an immediate change in share ownership until vesting and delivery. Dividend equivalents and tax withholding can affect the net shares ultimately received.

Form 4

Period: 2026-04-21

Chief Financial Officer

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-04-21+75,758→ 98,091 total
→ Common Stock, par value $0.01 per share (75,758 underlying)

Footnotes (2)

[F1]Each granted restricted stock unit ("RSU") represents the right to receive one share of the Issuer's common stock. Vested RSUs are payable in the form of shares of the Issuer's common stock, delivered to the reporting person no later than sixty days after the date on which vesting occurs, subject to the collection of withholding taxes. Dividend equivalent rights accrue with respect to unvested RSUs in the form of cash, securities, or other property when and as dividends are paid on the Issuer's common stock, and are paid or distributed to the reporting person within thirty days of the date that the corresponding dividend payment or distribution is made to shareholders of the company, subject to the collection of withholding taxes.
[F2]The Reporting Person was granted RSUs which vest ratable over a three-year period, with one-third vesting on April 21, 2027, one-third on April 21, 2028, and one-third on April 21, 2029, subject to the terms and conditions of the previously disclosed Cherry Hill Mortgage Investment Corporation 2023 Equity Incentive Plan (the "Plan") and the Restricted Stock Unit Agreement entered into between the Issuer and the Reporting Person.

Signature

/s/ Apeksha Patel|2026-04-22

1 file