Chime Financial, Inc. (CHYM) GC logs option exercise and share sale
Rhea-AI Filing Summary
Chime Financial’s General Counsel, a company officer, reported an insider stock option exercise and share sale. On 12/11/2025, the reporting person exercised an employee stock option to acquire 500 shares of Class A Common Stock at $16.56 per share, then sold 500 Class A shares at $27 per share on the same date.
After these transactions, the reporting person beneficially owned 252,416 Class A shares and 360,500 employee stock options. Some holdings are in the form of RSUs, each representing one share of Class A stock subject to vesting conditions. The sale was carried out under a Rule 10b5-1 trading plan adopted on September 8, 2025, and the option grant vests over time through August 2033, conditioned on continued service.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to buy) | 500 | $16.56 | $8K |
| Exercise | Class A Common Stock | 500 | $16.56 | $8K |
| Sale | Class A Common Stock | 500 | $27.00 | $14K |
Footnotes (1)
- Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU. This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted September 8, 2025. 1/4th of the shares subject to the option vested on August 8, 2024 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
FAQ
What insider transaction did Chime Financial (CHYM) report on 12/11/2025?
The reporting person, an officer serving as General Counsel of Chime Financial, Inc., exercised 500 employee stock options for Class A Common Stock at $16.56 per share and sold 500 Class A shares at $27 per share on 12/11/2025.
Was the Chime Financial (CHYM) stock sale under a Rule 10b5-1 plan?
Yes. The filing states that the sale was effected pursuant to a Rule 10b5-1 trading plan that was adopted on September 8, 2025.
What is the exercise price and expiration of the Chime Financial (CHYM) stock options?
The employee stock option has an exercise price of $16.56 per share and an expiration date of August 31, 2033, with vesting over time based on continued service.
How do RSUs factor into the Chime Financial (CHYM) insider’s holdings?
The filing explains that certain securities are RSUs. Each RSU represents a contingent right to receive one share of Chime Financial’s Class A Common Stock, subject to the specific vesting schedule and conditions.
What is the vesting schedule for the reported Chime Financial (CHYM) stock option?
The filing notes that 1/4 of the option vested on August 8, 2024, and 1/48 of the shares vest monthly thereafter, subject to the reporting person’s continued service through each vesting date.