secwatch.observer — SEC 8-K summary
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Issuer:     CHIMERA INVESTMENT CORP (CIM)
CIK:        0001409493
Form:       8-K
Filed at:   2025-04-08T23:59:59+00:00
Accession:  0001206774-25-000207
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chimera Investment Corp Chief Credit & Risk Officer Dan Thakkar to step down effective July 1, 2025
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- Dan Thakkar mutually agrees to step down as Chief Credit & Risk Officer, effective July 1, 2025; garden leave begins April 2, 2025.
- Severance includes $1,300,362.50 (12 months base salary plus average bonus), paid in 12 monthly installments.
- COBRA premium reimbursement for up to 18 months; outstanding RSUs vest at departure; PSUs continue on performance.
- Non-compete expires April 2, 2026; departure not due to disagreement with operations or accounting policies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409493/000120677425000207/0001206774-25-000207-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409493/000120677425000207/cim4467201-8k.htm
  HTML page:      https://secwatch.observer/filing/0001206774-25-000207

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