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Chime Financial holder plans $3.1M stock sale

Crosslink Crossover Fund VI filed to sell 93,492 CHYM common shares under Rule 144, valued at about $3.1 million, via Morgan Stanley on NASDAQ.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Chime Financial, Inc. (CHYM) has a notice of proposed sale of restricted shares filed under Rule 144 on behalf of Crosslink Crossover Fund VI. The fund plans to sell 93,492 shares of common stock, with an indicated aggregate market value of $3,099,035.42, through Morgan Stanley Smith Barney LLC on NASDAQ around September 10, 2026.

The shares were originally acquired in a private acquisition from the issuer or an affiliate on October 27, 2014 for cash. Chime Financial reports that 347,019,852 shares of common stock were outstanding at the time referenced in the notice.

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Shares to be sold 93,492 shares of common stock Proposed sale by Crosslink Crossover Fund VI under Rule 144
Aggregate market value $3,099,035.42 Value of 93,492 shares proposed to be sold
Shares outstanding 347,019,852 shares Chime Financial common stock outstanding at time referenced
Approximate sale date September 10, 2026 Approximate date of sale listed for the Rule 144 transaction
Acquisition date of shares October 27, 2014 Date the shares were acquired in a private transaction for cash
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 securities regulatory
"Rule 144 governs resales of restricted and control securities."
Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.
aggregate market value financial
"3099035.42 appears in the column for aggregate market value."
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.
control securities regulatory
"Rule 144 applies to resales of restricted or control securities by affiliates."
private acquisition from issuer/affiliate financial
"10/27/2014 | Private Acquisition from Issuer/Affiliate | Issuer"

FAQ

What does the Form 144 filing mean for Chime Financial, Inc. (CHYM)?

The Form 144 reports that Crosslink Crossover Fund VI intends to sell 93,492 shares of Chime Financial common stock under Rule 144. It is a notice of a potential resale of restricted or control securities, not an action by Chime Financial itself.

How many CHYM shares are proposed to be sold in this Form 144?

The filing states that 93,492 shares of Chime Financial common stock are proposed to be sold under Rule 144. These shares were previously acquired in a private transaction and are held for the account of Crosslink Crossover Fund VI.

What is the approximate value of the CHYM shares to be sold under Rule 144?

The notice lists an aggregate market value of $3,099,035.42 for the 93,492 CHYM shares to be sold. This figure is based on the market price referenced in the Form 144 at the time of the filing.

When were the CHYM shares originally acquired and how?

The filing reports that the shares were acquired on October 27, 2014 in a private acquisition from the issuer or an affiliate, with cash listed as the nature of payment. This acquisition history supports eligibility for resale under Rule 144.

How many Chime Financial (CHYM) shares are outstanding according to this notice?

The Form 144 indicates there were 347,019,852 shares of Chime Financial common stock outstanding at the referenced time. This figure provides context for the size of the proposed 93,492-share sale.

Which broker and exchange are involved in the planned CHYM share sale?

The document lists Morgan Stanley Smith Barney LLC, Executive Financial Services as the broker handling the transaction and names NASDAQ as the securities exchange where the Chime Financial common stock is expected to be sold.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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