Company: CIMO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001409493-25-000028
Chunk: 55

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 2
Chunk 55
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 our Economic Return and share price performance in relation to the entities in the peer group and will be adjusted each period based on our best estimate of the actual number of shares awarded. We did not grant any PSU awards during the quarters ended September 30, 2025 and 2024. For the nine months ended September 30, 2025, we granted 296 thousand PSU awards to senior management with a grant date fair value of $4 million. For the nine months ended September 30, 2024, we granted 179 thousand PSU awards to senior management with a grant date fair value of $3 million.

At September 30, 2025 and December 31, 2024, there were approximately $2 million and $1 million, respectively, unvested shares of RSUs and PSUs issued to our employees and directors.

Contractual Obligations and Commitments

The following tables summarize our contractual obligations at September 30, 2025 and December 31, 2024. The estimated principal repayment schedule of the securitized debt is based on expected cash flows of the residential mortgage loans or RMBS, as adjusted for expected principal write-downs on the underlying collateral of the debt.

80

September 30, 2025 (dollars in thousands)Contractual ObligationsWithin One YearOne to Three YearsThree to Five YearsGreater Than or Equal to Five YearsTotalSecured financing agreements$4,128,060 $755,945 $— $— $4,884,006 Securitized debt, collateralized by Non-Agency RMBS8 225 11 29 273 Securitized debt at fair value, collateralized by Loans held for investment1,237,101 2,041,246 1,881,201 2,274,842 7,434,390 Interest expense on MBS secured financing agreements (1)23,880 4,507 — — 28,387 Interest expense on securitized debt (1)260,318 405,415 269,251 382,538 1,317,523 Total$5,649,368 $3,207,338 $2,150,463 $2,657,410 $13,664,579 

(1) Interest is based on variable rates in effect as of September 30, 2025.

December 31, 2024