Director at Chime Financial (CHYM) awarded 10,753 RSUs in new stock grant
Rhea-AI Filing Summary
Dunne James J. III reported acquisition or exercise transactions in this Form 4 filing.
Chime Financial director James J. Dunne III received an equity award of 10,753 shares of Class A Common Stock in the form of restricted stock units. The grant was recorded at a price of $0.00 per share, indicating a compensation-related award rather than an open-market purchase.
Each RSU represents a right to receive one share of Class A Common Stock. According to the vesting terms, 100% of these RSUs will vest on the earlier of June 2, 2027 or the day immediately before Chime Financial’s next annual meeting, as long as he continues as a service provider through that date. After this award, he directly holds 84,950 shares, including previously granted RSUs that remain subject to their own vesting schedules and conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,753 shares
Net Buy
1 txn
Insider
Dunne James J. III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 10,753 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 84,950 shares (Direct)
Footnotes (2)
- F1. 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. 100% of the RSUs shall vest on the earlier of (i) June 2, 2027 or (ii) the day immediately before the date of the Issuer's next annual meeting, subject to the Reporting Person continuing as a service provider through each such date.
- 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.
Key Figures
RSUs granted: 10,753 RSUs
Grant price per share: $0.00 per share
Shares held after transaction: 84,950 shares
+2 more
5 metrics
RSUs granted
10,753 RSUs
Equity award to director James J. Dunne III on June 2, 2026
Grant price per share
$0.00 per share
Indicates compensation grant, not open-market purchase
Shares held after transaction
84,950 shares
Total direct holdings following RSU award
RSU vesting date trigger
June 2, 2027
100% vesting or earlier day before next annual meeting
RSU-to-share ratio
1 RSU : 1 share
Each RSU converts into one share of Class A Common Stock
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, vesting
3 terms
restricted stock units ("RSUs") financial
"These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share..."
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.
vesting financial
"100% of the RSUs shall vest on the earlier of (i) June 2, 2027 or (ii) the day immediately before the date of the Issuer's next annual meeting..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Chime Financial (CHYM) report for James J. Dunne III?
Chime Financial reported that director James J. Dunne III received 10,753 restricted stock units as an equity award. Each RSU represents one share of Class A Common Stock, granted at $0.00 per share as compensation rather than through an open-market purchase.
When do the new RSUs granted to James J. Dunne III at Chime Financial (CHYM) vest?
All 10,753 RSUs will vest 100% on the earlier of June 2, 2027 or the day immediately before Chime Financial’s next annual meeting. Vesting requires that he continue as a service provider through the applicable vesting date under the award terms.
Is the Chime Financial (CHYM) insider award to James J. Dunne III a market purchase or compensation grant?
The award is a compensation-related grant of restricted stock units, not a market purchase. The Form 4 shows transaction code “A” for a grant or award at $0.00 per share, reflecting equity compensation rather than an insider buying shares on the open market.
What are RSUs in the context of Chime Financial (CHYM) insider compensation?
At Chime Financial, RSUs are restricted stock units, each representing a contingent right to receive one share of Class A Common Stock. The RSUs vest only if specified service-based conditions are met, aligning director compensation with ongoing service and long-term company performance.