Chime CAO has shares withheld for RSU taxes
Chime Financial, Inc.’s Chief Accounting Officer Asmerom Amine reported a tax-related share disposition tied to restricted stock units.
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Rhea-AI Filing Summary
Chime Financial, Inc.’s Chief Accounting Officer Asmerom Amine reported a tax-related share disposition tied to restricted stock units. On the reported date, 10,957 shares of Class A common stock, valued at $19.69 per share, were withheld by the company to cover tax obligations from the net settlement of RSUs and did not involve an open-market sale by Amine. After this withholding, he directly holds 211,213 shares of Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 10,957 | $19.69 | $216K |
Footnotes (2)
- F1. Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units ("RSUs") and does not represent a sale by the Reporting Person.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Chime Financial (CHYM) report for Asmerom Amine?
Was the Chime Financial (CHYM) Form 4 transaction an open-market stock sale?
What does the Form 4 say about Chime Financial (CHYM) restricted stock units?
How is the Chime Financial (CHYM) Form 4 transaction coded and described?
AI-generated analysis. How Rhea-AI works. Not financial advice.