Evans Julian 4
Research Summary
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Cherry Hill Mortgage (CHMI) CIO Julian Evans Receives RSU Award
What Happened Julian Evans, Chief Investment Officer of Cherry Hill Mortgage Investment Corp (CHMI), was granted 104,167 restricted stock units (RSUs) on April 21, 2026. The award is reported as a derivative grant (code A) at $0.00 per share (no cash purchase); the RSUs represent the right to receive common shares upon vesting.
Key Details
- Transaction date: 2026-04-21; Form 4 filed 2026-04-23 (timely filing).
- Grant: 104,167 RSUs; reported price $0.00 (award/derivative).
- Vesting: Ratable over three years — 1/3 on 4/21/2027, 1/3 on 4/21/2028, 1/3 on 4/21/2029 (per filing footnote).
- Payment/withholding: Vested RSUs payable in shares no later than 60 days after vesting; subject to withholding taxes. Dividend equivalents accrue on unvested RSUs and are paid within 30 days of corresponding dividend (per footnote).
- Shares owned after the grant: not specified in this filing.
- Filing status: Timely (no late-filing indication).
Context This is a standard equity compensation award, not an open-market purchase or sale. RSUs convert to actual shares only upon vesting and are commonly part of executive pay; they do not by themselves indicate a buying or selling signal.