Macdowell Jack Lee Jr 4

What Happened

• Jack L. Macdowell Jr., Chief Investment Officer of Chimera Investment Corporation (CIM), was granted 85,701 restricted stock units (RSUs) on January 20, 2026. The reported acquisition price is $0.00 per unit (aggregate $0) because this is an equity award rather than an open‑market purchase.

Key Details

• Transaction date: 2026-01-20; Report filed: 2026-01-21 (timely).
• Transaction type/code: Award/Grant (A).
• Quantity and price: 85,701 RSUs @ $0.00 (aggregate $0 reported).
• Vesting/settlement: RSUs vest one‑third per year on December 31 of 2026, 2027 and 2028 and will be settled 100% in Chimera common stock.
• Economic equivalence: Each RSU and related dividend equivalent right (DER) is the economic equivalent of one share of Chimera common stock; DERs are included in the reported common‑stock holding balance.
• Shares owned after transaction: Not specified in this filing. The filer notes they do not intend to separately report the vesting or delivery of the underlying shares.

Context

• RSU grants are compensation, not open‑market buys or sells; they don’t by themselves signal the insider buying stock on the market. Upon vesting and settlement, the award will increase the insider’s share count. Dividend equivalent rights tied to RSUs provide the economic benefit of dividends prior to settlement.