Cherry Hill Mortgage adopts 2026 exec comp plan with three-year LTIP

Cherry Hill Mortgage Investment Corp

CEO Jay Lown base salary $900k; CIO Julian Evans $550k; CFO Apeksha Patel $400k.
STIP target cash bonuses: CEO 40% ($360k), CIO 50% ($275k), CFO 50% ($200k); based on EAD ROE and relative price-to-tangible book value.
LTIP target award opportunities: CEO $900k, CIO $550k, CFO $400k; 50% time-vested over 3 years, 50% performance-based on TSR.
Total target compensation: CEO $2.16M, CIO $1.375M, CFO $1.0M; plan effective Jan 1, 2026.
Plan adopted after internal management transition; reviewed with independent consultant Ferguson Partners.

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