Chime Financial director receives 10,753 RSU equity grant
Dunne James J. III reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 10,753 | $0.00 | $0.00 |
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
Key Terms
restricted stock units ("RSUs") financial
Class A Common Stock financial
vesting financial
FAQ
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What insider transaction did Chime Financial (CHYM) report for James J. Dunne III?
When do the new RSUs granted to James J. Dunne III at Chime Financial (CHYM) vest?
Is the Chime Financial (CHYM) insider award to James J. Dunne III a market purchase or compensation grant?
What are RSUs in the context of Chime Financial (CHYM) insider compensation?
AI-generated analysis. How Rhea-AI works. Not financial advice.