secwatch.observer — SEC 8-K summary
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Issuer:     Cherry Hill Mortgage Investment Corp (CHMI)
CIK:        0001571776
Form:       8-K
Filed at:   2025-03-12T23:59:59+00:00
Accession:  0001140361-25-008429
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cherry Hill Mortgage adds director Dale Hoffman, adopts executive severance plan
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- Board expanded from 4 to 5; Dale S. Hoffman appointed as independent director, effective March 11, 2025.
- Executive Severance Plan adopted March 12; covers CEO, CFO, CIO, SVP of Mortgage Servicing.
- CEO severance multiple is 2.5x annual compensation (salary + target bonus); other executives receive 1.5x.
- Severance payment includes 12 months of health/dental premium continuation.
- Plan requires one-year non-compete and waiver/release of claims.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571776/000114036125008429/0001140361-25-008429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571776/000114036125008429/ef20045292_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-008429

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