Sung Miyun 4
Research Summary
AI-generated summary
Chimera Investment (CIM) CLO Sung Miyun Sells 8,165 Shares
What Happened
- Sung Miyun, Chief Legal Officer & Secretary of Chimera Investment Corporation, had 8,165 shares withheld to cover tax withholding related to the vesting of prior RSUs. The shares were valued at $13.70 each, for a total of $111,861. This transaction is coded F (payment of exercise price or tax liability).
Key Details
- Transaction date: 2026-02-17; Filing date: 2026-02-19 (Form 4) — appears timely.
- Shares withheld/disposed: 8,165 at $13.70; total value $111,861.
- Transaction code: F (shares withheld to satisfy tax obligations on vesting).
- Shares owned after transaction: not specified in the provided excerpt.
- Footnotes: F1 confirms shares were withheld to pay taxes on RSU vesting; F2 notes dividend equivalent rights (DERs) on RSUs/PSUs are counted as the economic equivalent of shares in the reporter’s holding balance.
Context
- This was a tax-withholding disposition related to equity compensation (RSU vesting), a routine corporate action and not an open‑market sale indicating a trading view. DERs associated with the awards are included in the reporting person’s holding balance per the filing.