Chime Financial holder plans 5,793-share sale
A shareholder has filed a Rule 144 notice to resell 5,793 CHYM common shares originally acquired in a 2018 private placement.
Rhea-AI Filing Summary
Chime Financial, Inc. (CHYM) received a Rule 144 notice covering a proposed sale of 5,793 shares of common stock by MM Inflection, L.P., to be sold through Merrill Lynch on Nasdaq on or after September 10, 2026. These shares were acquired from the issuer in a private placement on May 16, 2018 for cash.
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Key Figures
Shares proposed for sale: 5,793 shares
Approximate market value of shares: $200,148.15
Planned sale date: September 10, 2026
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4 metrics
Shares proposed for sale
5,793 shares
Common stock covered by the Rule 144 notice for MM Inflection, L.P.
Approximate market value of shares
$200,148.15
Approximate market value for the 5,793 shares listed in the broker section
Planned sale date
September 10, 2026
Proposed date for sale of the shares on Nasdaq
Acquisition date
May 16, 2018
Date the 5,793 shares were acquired in a private placement for cash
Key Terms
Rule 144, Private Placement, CUSIP
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Private Placement financial
"Common | 05/16/2018 | Private Placement | Issuer"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
CUSIP financial
"347019852 appears in the securities information line with the common stock"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
FAQ
What does the Form 144 filing mean for Chime Financial (CHYM)?
The filing reports that MM Inflection, L.P. intends to sell 5,793 shares of CHYM common stock under Rule 144. It is a notice of a potential secondary sale by an existing holder and does not describe Chime Financial issuing new shares or receiving proceeds.
AI-generated analysis. How Rhea-AI works. Not financial advice.