Chime (CHYM) director receives 10,753 RSUs and reports fund-held shares
Rhea-AI Filing Summary
Feuille James reported acquisition or exercise transactions in this Form 4 filing.
Chime Financial director James Feuille reported an equity award and updated holdings in Class A common stock. He received 10,753 restricted stock units (RSUs), with each RSU representing one share of Class A common stock and vesting 100% on the earlier of June 2, 2027 or the day immediately before Chime’s next annual meeting, subject to his continued service.
Following this grant, he directly holds 23,315 shares. Additional shares are held indirectly through various Crosslink investment funds and related entities, as well as irrevocable and revocable trusts where he is a trustee, and he disclaims beneficial ownership beyond his pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,753 shares
Net Buy
7 txns
Insider
Feuille James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 10,753 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 23,315 shares (Direct);
Class A Common Stock — 7,037,707 shares (Indirect, By Crosslink Crossover Fund VI, L.P.);
Class A Common Stock — 9,578,469 shares (Indirect, By Crosslink Ventures VII, L.P.);
Class A Common Stock — 4,104,408 shares (Indirect, Crosslink Ventures VII-B, L.P.);
Class A Common Stock — 1,014,747 shares (Indirect, By Crosslink Bayview VII, LLC);
Class A Common Stock — 138,972 shares (Indirect, By Trust)
Footnotes (13)
- 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. Shares are directly held by Crosslink Crossover Fund VI, L.P. ("CO VI"). Crossover Fund VI Management, L.L.C. ("CF VI Mgr") is the general partner of CO VI and the Reporting Person is a managing member of CF VI Mgr. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F3. The shares held by Crosslink Ventures VII, L.P. ("CV VII") prior to the transactions reported herein reflect pro rata distributions in kind, effected by CV VII to its general partner and limited partners for no additional consideration, which were exempt from reporting pursuant to Rule 16a-13.
- F4. Shares are directly held by CV VII. Crosslink Ventures VII Holdings, LLC ("CV VII Hldgs") is the general partner of CV VII and the Reporting Person is a managing member of CV VII Hldgs. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F5. The shares held by Crosslink Ventures VII-B, L.P. ("CV VII-B") prior to the transactions reported herein reflect pro rata distributions in kind, effected by CV VII-B to its general partner and limited partners for no additional consideration, which were exempt from reporting pursuant to Rule 16a-13.
- F6. Shares are directly held by CV VII-B. CV VII Hldgs is the general partner of CV VII-B and the Reporting Person is a managing member of CV VII Hldgs. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F7. The shares held by Crosslink Bayview VII, LLC ("CB VII") prior to the transactions reported herein reflect pro rata distributions in kind, effected by CB VII to its members, including the Reporting Person, for no additional consideration, which were exempt from reporting pursuant to Rule 16a-13.
- F8. Shares are directly held by CB VII. CV VII Hldgs is the manager of CB VII and the Reporting Person is a managing member of CV VII Hldgs. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F9. The shares held by the trust prior to the transactions reported herein reflect the receipt of shares pursuant to pro rata distributions in kind, effected by CB VII to its members for no additional consideration, including the trust, which were exempt from reporting pursuant to Rule 16a-13.
- F10. The shares held by the trust prior to the transactions reported herein reflect the receipt of shares pursuant to a pro rata distribution in kind, effected by CV VII Hldgs to its members for no additional consideration, including the trust, which was exempt from reporting pursuant to Rule 16a-13.
- F11. The shares are held by an irrevocable trust, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein.
- F12. The shares held by the trust prior to the transactions reported herein reflect the receipt of shares pursuant to a pro rata distribution in kind, effected by CV VII Hldgs to its members for no additional consideration, including Crosslink Capital Fund Holdings, LLC, which effected a further distribution in kind to its members for no additional consideration, including the trust, which was exempt from reporting pursuant to Rule 16a-13.
- F13. The shares are held by a revocable trust, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein.
Key Figures
RSU grant: 10,753 RSUs
Vesting date: June 2, 2027
Grant price: $0.00 per share
+5 more
8 metrics
RSU grant
10,753 RSUs
Each RSU equals one Class A share; grant on June 2, 2026
Vesting date
June 2, 2027
100% vesting or earlier day before next annual meeting
Grant price
$0.00 per share
RSU award, not an open-market purchase
Direct holdings after grant
23,315 shares
Class A common stock directly held by reporting person
Crosslink Crossover Fund VI holdings
7,037,707 shares
Indirectly associated via Crosslink Crossover Fund VI, L.P.
Crosslink Ventures VII holdings
9,578,469 shares
Indirectly associated via Crosslink Ventures VII, L.P.
Crosslink Ventures VII-B holdings
4,104,408 shares
Indirectly associated via Crosslink Ventures VII-B, L.P.
Crosslink Bayview VII holdings
1,014,747 shares
Indirectly associated via Crosslink Bayview VII, LLC
Key Terms
restricted stock units ("RSUs"), pro rata distributions in kind, Rule 16a-13, pecuniary interest, +2 more
6 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.
pro rata distributions in kind financial
"reflect pro rata distributions in kind, effected by CV VII to its general partner and limited partners..."
Rule 16a-13 regulatory
"which were exempt from reporting pursuant to Rule 16a-13."
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein."
irrevocable trust financial
"The shares are held by an irrevocable trust, of which the Reporting Person is a trustee."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
revocable trust financial
"The shares are held by a revocable trust, of which the Reporting Person is a trustee."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Chime Financial (CHYM) director James Feuille report on this Form 4?
He reported the grant of 10,753 restricted stock units (RSUs) in Chime Financial Class A common stock. The filing also updates his direct holdings and various indirect positions through Crosslink funds and trusts where he has a pecuniary interest.
How many Chime Financial RSUs did James Feuille receive in this filing?
He received 10,753 RSUs, each representing one share of Chime Financial Class A common stock. These RSUs were granted at a price of $0.00 per unit as a compensation award rather than an open-market purchase, according to the Form 4 details.
When do James Feuille’s new Chime Financial RSUs vest?
All 10,753 RSUs vest 100% on the earlier of June 2, 2027 or the day immediately before Chime Financial’s next annual meeting. Vesting is contingent on Feuille continuing as a service provider through the applicable vesting date, as stated in the footnotes.
What indirect Chime Financial holdings are associated with James Feuille and Crosslink funds?
Indirect holdings include shares held by Crosslink Crossover Fund VI, Crosslink Ventures VII, Crosslink Ventures VII-B, Crosslink Bayview VII, and related entities. Footnotes explain these are fund or trust positions, and Feuille disclaims beneficial ownership beyond his proportionate pecuniary interest.
Are the Chime Financial RSUs granted to James Feuille an open-market purchase or sale?
They are not an open-market transaction; the 10,753 RSUs are a compensation-related grant coded as an award. The RSUs were issued at $0.00 per unit and will settle into shares upon vesting, subject to his continued service with Chime Financial.