Chime Financial holder plans $19.7M stock sale
Chime Financial, Inc. (CHYM) received a Rule 144 notice for a proposed resale of its common stock by shareholder Menlo Inflection II, L.P.
Rhea-AI Filing Summary
Chime Financial, Inc. (CHYM) received a Rule 144 notice for a proposed resale of its common stock by shareholder Menlo Inflection II, L.P. The filing covers up to 569,755 shares of common stock, to be sold through Merrill Lynch on Nasdaq, with an indicated date of sale of September 10, 2026.
The shares were originally acquired from the issuer in a private placement on May 16, 2018. The notice lists an aggregate market value of $19,685,035.25 for the securities and references 347,019,852 shares outstanding of Chime common stock.
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Key Figures
Shares to be sold under Rule 144: 569,755 shares
Aggregate market value of shares: $19,685,035.25
Shares outstanding: 347,019,852 shares
+2 more
5 metrics
Shares to be sold under Rule 144
569,755 shares
Common stock proposed for resale by Menlo Inflection II, L.P.
Aggregate market value of shares
$19,685,035.25
Value of 569,755 Chime common shares covered by the notice
Shares outstanding
347,019,852 shares
Chime Financial, Inc. common stock referenced in the notice
Proposed sale date
September 10, 2026
Indicated date of sale for the Rule 144 transaction
Acquisition date of shares
May 16, 2018
Date shares were acquired in a private placement for cash
Key Terms
Rule 144, Private Placement, aggregate market value, Nasdaq
4 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.
aggregate market value financial
"569755 | 19685035.25 | 347019852 | 09/10/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Nasdaq market
"347019852 | 09/10/2026 | Nasdaq"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
FAQ
What does the Form 144 filing mean for Chime Financial, Inc. (CHYM)?
The Form 144 reports that Menlo Inflection II, L.P. plans to resell up to 569,755 shares of Chime Financial, Inc. common stock under Rule 144. This reflects a potential secondary market sale by an existing shareholder, not a new issuance of shares by the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.