Chime director funds sell 579K shares near $33
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Chime Financial, Inc. (CHYM) director Shawn T. Carolan reported indirect sales by affiliated investment partnerships of a total of 579,313 shares of Class A Common Stock on September 10–11, 2026, in open-market or private transactions at weighted average prices of about $33.21 and $33.05 per share. The filing also reports ongoing indirect holdings in several Menlo-affiliated funds and a family trust, plus 304,843 shares held directly, with beneficial ownership disclaimed except for Mr. Carolan’s pecuniary interests, and no Rule 10b5-1 trading plan reported.
Insider Trade Summary
Net Seller: 579,313 shares
Net Sell
6 txns
Insider
CAROLAN SHAWN T
Role
Director
Sold
579,313 shs ($19.19M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F5, F2 | 272,437 | $33.0549 | $9.01M |
| Sale | Class A Common Stock F5, F3 | 2,770 | $33.0549 | $92K |
| Sale | Class A Common Stock F5, F4 | 1,800 | $33.0549 | $59K |
| Sale | Class A Common Stock F1, F2 | 297,318 | $33.2051 | $9.87M |
| Sale | Class A Common Stock F1, F3 | 3,023 | $33.2051 | $100K |
| Sale | Class A Common Stock F1, F4 | 1,965 | $33.2051 | $65K |
| Holding | Class A Common Stock F6, F7 | -- | -- | -- |
| Holding | Class A Common Stock F8, F9 | -- | -- | -- |
| Holding | Class A Common Stock F10, F11 | -- | -- | -- |
| Holding | Class A Common Stock F12, F13 | -- | -- | -- |
| Holding | Class A Common Stock F14, F15 | -- | -- | -- |
| Holding | Class A Common Stock F16, F17 | -- | -- | -- |
| Holding | Class A Common Stock F18 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Indirect, By Menlo Inflection II, L.P.);
Class A Common Stock — 0 shares (Indirect, By MM Inflection, L.P.);
Class A Common Stock — 0 shares (Indirect, By Menlo Entrepreneurs Inflection Fund, L.P.);
Class A Common Stock — 3,432,840 shares (Indirect, By Menlo Ventures XIV, L.P.);
Class A Common Stock — 51,155 shares (Indirect, By MMEF XIV, L.P.);
Class A Common Stock — 44,100 shares (Indirect, By Menlo Entrepreneurs Fund XIV, L.P.);
Class A Common Stock — 4,825,155 shares (Indirect, By Menlo Inflection I, L.P.);
Class A Common Stock — 78,450 shares (Indirect, By MMSOP, L.P.);
Class A Common Stock — 716 shares (Indirect, By Trust);
Class A Common Stock — 304,843 shares (Direct)
Footnotes (18)
- F1. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $33.00 to $33.86, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.
- F2. Securities are directly held by Menlo Inflection II, L.P. ("Menlo Inflection II"). The Reporting Person is a managing member of MSOP GP II, L.L.C. ("MSOP GP II"), the general partner of Menlo Inflection II. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F3. Securities are directly held by MM Inflection, L.P. ("MM Inflection"). The Reporting Person is a managing member of MSOP GP II, the general partner of MM Inflection. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F4. Securities are directly held by Menlo Entrepreneurs Inflection Fund, L.P. ("ME Inflection"). The Reporting Person is a managing member of MSOP GP II, the general partner of ME Inflection. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F5. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $33.00 to $33.185, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.
- F6. The shares held by Menlo Ventures XIV, L.P. ("Menlo XIV") as reported herein reflect a pro rata distribution in kind, effected by Menlo XIV to its general partner and limited partners and the further pro rata distribution of such shares by Menlo XIV's general partner to its members, in each case, for no additional consideration subsequent to the Reporting Person's most recent Form 4 filing, which were exempt from reporting pursuant to Rule 16a-13.
- F7. Shares are directly held by Menlo XIV. The Reporting Person is a managing member of MV Management XIV, L.L.C. ("MVM XIV"), the general partner of Menlo XIV. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F8. The shares held by MMEF XIV, L.P. ("MMEF XIV") as reported herein reflect a pro rata distribution in kind, effected by MMEF XIV to its general partner and limited partners and the further pro rata distribution of such shares by MMEF XIV's general partner to its members, in each case, for no additional consideration subsequent to the Reporting Person's most recent Form 4 filing, which were exempt from reporting pursuant to Rule 16a-13.
- F9. Shares are directly held by MMEF XIV. The Reporting Person is a managing member of MVM XIV, the general partner of MMEF XIV. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F10. The shares held by Menlo Entrepreneurs Fund XIV, L.P. ("MEF XIV") as reported herein reflect a pro rata distribution in kind, effected by MEF XIV to its general partner and limited partners and the further pro rata distribution of such shares by MEF XIV's general partner to its members, in each case, for no additional consideration subsequent to the Reporting Person's most recent Form 4 filing, which were exempt from reporting pursuant to Rule 16a-13.
- F11. Shares are directly held by MEF XIV. The Reporting Person is a managing member of MVM XIV, the general partner of MEF XIV. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F12. The shares held by Menlo Inflection I, L.P. ("Menlo Inflection I") as reported herein reflect a pro rata distribution in kind, effected by Menlo Inflection I to its general partner and limited partners and the further pro rata distribution of such shares by Menlo Inflection's general partner to its members, in each case, for no additional consideration subsequent to the Reporting Person's most recent Form 4 filing, which were exempt from reporting pursuant to Rule 16a-13.
- F13. Shares are directly held by Menlo Inflection I. The Reporting Person is a managing member of MSOP GP, L.L.C. ("MSOP GP"), the general partner of Menlo Inflection I. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F14. The shares held by MMSOP, L.P. ("MMSOP") as reported herein reflect a pro rata distribution in kind, effected by MMSOP to its general partner and limited partners and the further pro rata distribution of such shares by MMSOP's general partner to its members, in each case, for no additional consideration subsequent to the Reporting Person's most recent Form 4 filing, which were exempt from reporting pursuant to Rule 16a-13.
- F15. Shares are directly held by MMSOP. The Reporting Person is a managing member of MSOP GP, the general partner of MMSOP. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F16. The shares held by the Reporting Person as reported herein reflect the receipt of shares pursuant to the pro rata distribution in kind described in footnote (8), which was exempt from reporting pursuant to Rule 16a-13.
- F17. The shares are held by a family trust, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein.
- F18. The shares held by the Reporting Person as reported herein reflect the receipt of shares pursuant to the pro rata distributions in kind described in footnotes (6), (8), (10), (12) and (14), which were exempt from reporting pursuant to Rule 16a-13.
Key Figures
Total shares sold: 579,313 shares
Weighted average sale price (September 10, 2026): $33.2051 per share
Weighted average sale price (September 11, 2026): $33.0549 per share
+4 more
7 metrics
Total shares sold
579,313 shares
Net shares sold in reported transactions by affiliated entities on September 10–11, 2026
Weighted average sale price (September 10, 2026)
$33.2051 per share
Open-market or private sales; trades ranged from $33.00 to $33.86
Weighted average sale price (September 11, 2026)
$33.0549 per share
Open-market or private sales; trades ranged from $33.00 to $33.185
Menlo Ventures XIV, L.P. holdings
3,432,840 shares
Indirectly associated fund holdings after pro rata in-kind distributions
Menlo Inflection I, L.P. holdings
4,825,155 shares
Indirectly associated fund holdings after pro rata in-kind distributions
Direct holdings by reporting person
304,843 shares
Shares held directly by Shawn T. Carolan, reflecting in-kind distributions
Family trust holdings
716 shares
Held by a family trust for which the reporting person is trustee
Key Terms
weighted average price, pro rata distribution in kind, pecuniary interest, beneficial ownership, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pro rata distribution in kind financial
"reflect a pro rata distribution in kind, effected by Menlo XIV"
pecuniary interest financial
"disclaims beneficial ownership of these shares except to the extent of his pecuniary interest"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Rule 16a-13 regulatory
"which were exempt from reporting pursuant to Rule 16a-13"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did CHYM disclose in this Form 4?
Chime Financial disclosed that director Shawn T. Carolan reported indirect sales by affiliated investment partnerships totaling 579,313 Class A shares on September 10–11, 2026, in open-market or private transactions, at weighted average sale prices of about $33.21 and $33.05 per share.
Which entities associated with the CHYM director executed the reported sales?
The sales involved shares directly held by Menlo Inflection II, L.P., MM Inflection, L.P., and Menlo Entrepreneurs Inflection Fund, L.P.. Shawn T. Carolan is a managing member of the respective general partners and disclaims beneficial ownership except to the extent of his pecuniary interest.
Were the CHYM insider sales made under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is marked in a way indicating no Rule 10b5-1 trading plan is reported for these transactions, and the footnotes do not describe any such pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
