Business Context and Reporting Period
This Form 8-K reports on the results of the annual meeting of stockholders held by Cherry Hill Mortgage Investment Corporation on June 12, 2025. The filing details the election of directors, advisory votes on executive compensation, and the ratification of independent auditors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Director Elections
All five nominees were elected to the Board of Directors. The voting breakdown was as follows:
- Jeffrey B. Lown II: 7,026,882 votes for; 2,254,411 votes withheld.
- Joseph Murin: 6,109,234 votes for; 3,172,059 votes withheld.
- Sharon Lee Cook: 7,017,782 votes for; 2,263,511 votes withheld.
- Robert C. Mercer Jr.: 6,105,235 votes for; 3,176,058 votes withheld.
- Dale Hoffman: 7,037,045 votes for; 2,244,248 votes withheld.
Broker non-votes totaled 11,218,417 for all director elections.
Executive Compensation Advisory Vote
Stockholders approved the compensation of named executive officers for the year ended December 31, 2024, on a non-binding advisory basis.
- Votes For: 5,470,169
- Votes Against: 3,460,516
- Abstentions: 350,608
Frequency of Compensation Votes
Stockholders voted to hold future advisory votes on executive compensation annually.
- Annually: 6,745,607 votes
- Every 3 years: 403,125 votes
- Every 2 years: 188,827 votes
The Board decided to continue soliciting an annual advisory vote.
Auditor Ratification
Stockholders ratified the appointment of Ernst & Young LLP as the independent public auditors for 2025.
- Votes For: 17,470,632
- Votes Against: 2,774,838
- Abstentions: 254,240
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on operations, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the total number of shares outstanding to contextualize the significant number of broker non-votes (11,218,417) relative to votes cast.
- Review the full proxy statement for details on the specific compensation packages approved by the advisory vote.
- Confirm the impact of the "votes against" on executive compensation (3,460,516) on future Board decisions regarding pay structure.
- Check subsequent filings for the official appointment letter or engagement terms with Ernst & Young LLP.