Chime Financial (CHYM) CAO sells 10,000 shares in Rule 10b5-1 trade
Rhea-AI Filing Summary
Chime Financial, Inc.’s Chief Accounting Officer Asmerom Amine sold 10,000 shares of Class A Common Stock on August 4, 2026 at $25.00 per share in a sale reported as occurring under a Rule 10b5-1 trading plan adopted December 4, 2025. After this transaction, he directly holds 226,946 securities, and a portion of this balance consists of restricted stock units (RSUs) that each represent a contingent right to receive one share of Class A Common Stock upon vesting.
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Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Asmerom Amine
Role
Chief Accounting Officer
Sold
10,000 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 10,000 | $25.00 | $250K |
Holdings After Transaction:
Class A Common Stock — 226,946 shares (Direct)
Footnotes (2)
- F1. This sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan, adopted December 4, 2025.
- F2. 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
Shares sold: 10,000 shares
Sale price: $25.00 per share
Shares held after transaction: 226,946 securities
+2 more
5 metrics
Shares sold
10,000 shares
Class A Common Stock sold on August 4, 2026 by the Chief Accounting Officer
Sale price
$25.00 per share
Per-share price for the August 4, 2026 stock sale
Shares held after transaction
226,946 securities
Direct holdings following the reported sale, including certain RSUs
Rule 10b5-1 plan adoption date
December 4, 2025
Trading plan under which the reported sale was effected
Reported sale transactions
1 transaction
Single non-derivative sale of Class A Common Stock reported in this Form 4
Key Terms
Rule 10b5-1 trading plan, restricted stock units ("RSUs"), Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units ("RSUs") financial
"Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transaction did Chime Financial (CHYM) report for Asmerom Amine?
Chime Financial reported that Chief Accounting Officer Asmerom Amine sold 10,000 shares of Class A Common Stock. The transaction occurred on August 4, 2026 at $25.00 per share and was executed under a pre-arranged Rule 10b5-1 trading plan adopted in December 2025.
Was Asmerom Amine’s Chime Financial (CHYM) trade made under a Rule 10b5-1 trading plan?
Yes. The filing notes that the sale was effected pursuant to a Rule 10b5-1 trading plan. A footnote specifies that this trading plan was adopted on December 4, 2025, indicating the transaction followed a pre-arranged schedule rather than discretionary timing.
What does the RSU disclosure mean in Asmerom Amine’s Chime Financial (CHYM) filing?
The filing explains that certain securities held by Asmerom Amine are restricted stock units (RSUs). Each RSU is a contingent right to receive one share of Chime’s Class A Common Stock, dependent on meeting the applicable vesting schedule and conditions attached to each RSU award.
What type of security did Asmerom Amine trade in Chime Financial (CHYM)?
Asmerom Amine traded Class A Common Stock of Chime Financial. The Form 4 identifies the security title as Class A Common Stock, and the footnotes clarify that some of his remaining position consists of RSUs that convert into this same class of stock upon vesting.