Chime Financial (NASDAQ: CHYM) trust to sell 25,000 shares
Rhea-AI Filing Summary
Chime Financial, Inc. (CHYM) received a Rule 144 notice that the 2019 Newcomb Fox Family Trust plans to sell up to 25,000 shares of common stock through Morgan Stanley Smith Barney LLC. The proposed sale, listed for 08/24/2026 on NASDAQ, has an indicated aggregate market value of $819,500.00. The trust previously sold 65,000 shares on 08/06/2026 for total proceeds of $1,961,000.00. The shares to be sold were acquired upon vesting of restricted stock units between 6/12/2025 and 8/15/2026.
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Key Figures
Shares to be sold: 25,000 shares
Aggregate market value of planned sale: $819,500.00
Prior 3-month sales: 65,000 shares
+3 more
6 metrics
Shares to be sold
25,000 shares
Planned Rule 144 sale by 2019 Newcomb Fox Family Trust
Aggregate market value of planned sale
$819,500.00
Indicated value for 25,000-share planned transaction
Prior 3-month sales
65,000 shares
Shares sold on 08/06/2026 under 10b5-1 plan
Proceeds from prior sale
$1,961,000.00
Total proceeds from 65,000 shares sold on 08/06/2026
Acquisition period for RSU shares
6/12/2025 through 8/15/2026
Period during which RSUs vested and were acquired
Date of Notice
08/24/2026
Date on which the Rule 144 notice was signed
Key Terms
Rule 144, Restricted Stock Units, 10b5-1
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.
Restricted Stock Units financial
"Common | 06/12/2025 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for 2019 NEWCOMB FOX FAMILY TRUST"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
FAQ
What does the Form 144 filing disclose for Chime Financial, Inc. (CHYM)?
It discloses that the 2019 Newcomb Fox Family Trust plans to sell up to 25,000 shares of Chime Financial, Inc. common stock on NASDAQ under Rule 144, with an indicated aggregate market value of $819,500.00, and reports prior sales during the last three months.
On which market is the CHYM stock expected to be sold according to the filing?
The notice lists NASDAQ as the market on which the 25,000 shares of Chime Financial, Inc. common stock are intended to be sold under Rule 144, using Morgan Stanley Smith Barney LLC as the broker.
AI-generated analysis. How Rhea-AI works. Not financial advice.