Chime General Counsel sells 3,000 shares
Chime Financial, Inc. General Counsel Adam B. Frankel reported an open-market sale of 3,000 shares of Class A Common Stock at $18.00 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Chime Financial, Inc. General Counsel Adam B. Frankel reported an open-market sale of 3,000 shares of Class A Common Stock at $18.00 per share. After this transaction, he directly holds 306,795 shares, indicating the sale involved only a small portion of his overall position.
A footnote explains that certain securities in his holdings are restricted stock units, each representing a right to receive one share of Class A Common Stock upon meeting vesting conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,000 | $18.00 | $54K |
Footnotes (1)
- F1. Certain of these securities are restricted stock units ("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.
Key Figures
Key Terms
Class A Common Stock financial
open-market sale financial
restricted stock units ("RSUs") financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Chime Financial (CHYM) report for Adam B. Frankel?
What type of security did the Chime Financial (CHYM) insider sell?
Does the Chime Financial (CHYM) Form 4 mention restricted stock units (RSUs)?
AI-generated analysis. How Rhea-AI works. Not financial advice.