Chime Financial (CHYM) co-founder moves shares via tax withholding and gifts
Rhea-AI Filing Summary
Chime Financial, Inc. (CHYM) director and Co-Founder Ryan A. King reported changes in holdings of Class A Common Stock. On August 17, 2026, 4,187 shares were withheld at $32.02 per share to satisfy tax withholding obligations related to vested RSUs, which the footnotes state does not represent a sale by him. On August 18, 2026, he made a bona fide gift of 7,480 shares from his direct holdings, and a corresponding 7,480-share position is shown as indirectly held through the King Family Trust, for which he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,187 shares
Net Sell
3 txns
Insider
King Ryan A
Role
Co-Founder
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock F2 | 7,480 | $0.00 | $0.00 |
| Gift | Class A Common Stock F3 | 7,480 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F1, F2 | 4,187 | $32.02 | $134K |
Holdings After Transaction:
Class A Common Stock — 116,667 shares (Direct);
Class A Common Stock — 7,480 shares (Indirect, See footnote)
Footnotes (3)
- 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.
- F3. The shares are held by the King Family Trust, for which the Reporting Person serves as trustee.
Key Figures
Tax withholding shares: 4,187 shares
Tax withholding price: $32.02 per share
Gifted shares per entry: 7,480 shares
+2 more
5 metrics
Tax withholding shares
4,187 shares
Shares withheld on August 17, 2026 to satisfy tax withholding obligations on RSU settlement
Tax withholding price
$32.02 per share
Per-share value used for the 4,187-share tax withholding transaction on August 17, 2026
Gifted shares per entry
7,480 shares
Number of Class A Common shares in each bona fide gift transaction on August 18, 2026
Total gift shares
14,960 shares
Aggregate giftShares reported in the transaction summary for bona fide gifts
Trust holdings after gift
7,480 shares
Indirectly held by the King Family Trust after the August 18, 2026 gift transaction
Key Terms
restricted stock units ("RSUs"), bona fide gift, tax withholding and remittance obligations, Class A Common Stock, +1 more
5 terms
restricted stock units ("RSUs") financial
"Certain of these securities are 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.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
tax withholding and remittance obligations financial
"withheld by the Issuer to satisfy its tax withholding and remittance obligations"
Class A Common Stock financial
"security_title": "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.
King Family Trust financial
"The shares are held by the King Family Trust, for which the Reporting Person"
FAQ
What insider transactions did CHYM Co-Founder Ryan A. King report on August 17–18, 2026?
Ryan A. King reported 4,187 shares withheld on August 17 for tax obligations at $32.02 per share, and a bona fide gift of 7,480 shares on August 18 that are now indirectly held through the King Family Trust.
What is the size of the bona fide gifts reported by Ryan A. King in CHYM stock?
The transaction summary shows total giftShares of 14,960, consisting of two 7,480-share bona fide gift entries on August 18, 2026. One reduces his direct holdings, while the other is reflected as indirectly held through the King Family Trust.
What role do RSUs play in Ryan A. King’s CHYM equity compensation?
The filing notes that certain securities are restricted stock units (RSUs), each representing a contingent right to receive one share of Class A Common Stock. RSUs vest over time under their applicable schedules, and related tax obligations led to the 4,187-share withholding transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
