DST funds’ 2-day Chime (NASDAQ: CHYM) share sale lacked trading plan
Rhea-AI Filing Summary
Chime Financial, Inc. (CHYM) reported that investment entities associated with DST Global Advisors Limited, all filing as ten percent owners, executed open-market or private sales of Class A Common Stock over two days. On August 20–21, 2026, these entities sold a combined 856,725 shares at weighted average prices around $33 per share, through multiple transactions across several DST Global VI and VII limited partnerships. The positions are reported as indirect holdings, and the DST management and upstream ownership entities disclaim beneficial ownership except to the extent of their pecuniary interest.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 856,725 shares
Net Sell
21 txns
Insider
DST Global Advisors Ltd, DST Global VI, L.P., DST Global VII, L.P., DST Investments XXI, L.P., DSTG VI Investments, L.P., DSTG VI Investments-A, L.P., DSTG VII Investments-1, L.P., DSTG VII Investments-4, L.P., DST Managers VI Ltd, DST Managers VII Ltd
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold
856,725 shs ($28.14M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F12, F2, F3 | 216,822 | $32.7053 | $7.09M |
| Sale | Class A Common Stock F12, F2, F5 | 111,395 | $32.7053 | $3.64M |
| Sale | Class A Common Stock F12, F2, F6 | 18,699 | $32.7053 | $612K |
| Sale | Class A Common Stock F12, F2, F7 | 22,596 | $32.7053 | $739K |
| Sale | Class A Common Stock F12, F8, F9 | 65,627 | $32.7053 | $2.15M |
| Sale | Class A Common Stock F12, F8, F10 | 34,126 | $32.7053 | $1.12M |
| Sale | Class A Common Stock F12, F8, F11 | 4,429 | $32.7053 | $145K |
| Sale | Class A Common Stock F1, F2, F3 | 164,646 | $32.9873 | $5.43M |
| Sale | Class A Common Stock F4, F2, F3 | 10,678 | $33.5431 | $358K |
| Sale | Class A Common Stock F1, F2, F5 | 84,588 | $32.9873 | $2.79M |
| Sale | Class A Common Stock F4, F2, F5 | 5,486 | $33.5431 | $184K |
| Sale | Class A Common Stock F1, F2, F6 | 14,199 | $32.9873 | $468K |
| Sale | Class A Common Stock F4, F2, F6 | 921 | $33.5431 | $31K |
| Sale | Class A Common Stock F1, F2, F7 | 17,158 | $32.9873 | $566K |
| Sale | Class A Common Stock F4, F2, F7 | 1,113 | $33.5431 | $37K |
| Sale | Class A Common Stock F1, F8, F9 | 49,834 | $32.9873 | $1.64M |
| Sale | Class A Common Stock F4, F8, F9 | 3,232 | $33.5431 | $108K |
| Sale | Class A Common Stock F1, F8, F10 | 25,913 | $32.9873 | $855K |
| Sale | Class A Common Stock F4, F8, F10 | 1,681 | $33.5431 | $56K |
| Sale | Class A Common Stock F1, F8, F11 | 3,364 | $32.9873 | $111K |
| Sale | Class A Common Stock F4, F8, F11 | 218 | $33.5431 | $7K |
Holdings After Transaction:
Class A Common Stock — 19,465,556 shares (Indirect, By DST Global VI, L.P.);
Class A Common Stock — 10,000,642 shares (Indirect, By DST Investments XXI, L.P.);
Class A Common Stock — 1,678,705 shares (Indirect, By DSTG VI Investments, L.P.);
Class A Common Stock — 2,028,578 shares (Indirect, By DSTG VI Investments-A, L.P.);
Class A Common Stock — 5,891,721 shares (Indirect, By DST Global VII, L.P.);
Class A Common Stock — 3,063,696 shares (Indirect, By DSTG VII Investments-1, L.P.);
Class A Common Stock — 397,652 shares (Indirect, By DSTG VII Investments-4, L.P.)
Footnotes (12)
- F1. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.50 to $33.495. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. DST Managers VI Limited ("DSTG Managers VI") is the general partner of each of DST Global VI, L.P., DST Investments XXI, L.P., DSTG VI Investments, L.P. and DSTG VI Investments-A, L.P. DSTG Managers VI is wholly-owned by DST Global Advisors Limited ("DST Global Advisors"). Cardew Services Limited ("Cardew Services") wholly owns DST Global Advisors. Galileo (PTC) Limited ("Galileo (PTC)") wholly owns Cardew Services. Despoina Zinonos is the sole equity owner of Galileo (PTC). Each of DST Managers VI, DST Global Advisors, Cardew Services, Galileo (PTC) and Ms. Zinonos disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act, except to the extent of its or her pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose
- F3. Shares held directly by DST Global VI, L.P.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.50 to $33.62. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5. Shares held directly by DST Investments XXI, L.P.
- F6. Shares held directly by DSTG VI Investments, L.P.
- F7. Shares held directly by DSTG VI Investments-A, L.P.
- F8. DST Managers VII Limited ("DSTG Managers VII") is the general partner of each of DST Global VII, L.P., DSTG VII Investments-1, L.P. and DSTG VII Investments-4, L.P. DSTG Managers VII is wholly-owned by DST Global Advisors. Cardew Services wholly owns DST Global Advisors. Galileo (PTC) wholly owns Cardew Services. Ms. Zinonos is the sole equity owner of Galileo (PTC). Each of DST Managers VII, DST Global Advisors, Cardew Services, Galileo (PTC) and Ms. Zinonos disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act, except to the extent of its or her pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- F9. Shares held directly by DST Global VII, L.P.
- F10. Shares held directly by DSTG VII Investments-1, L.P.
- F11. Shares held directly by DSTG VII Investments-4, L.P.
- F12. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.50 to $32.905. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Total shares sold: 856,725 shares
Weighted average price range (F1): $32.50–$33.495 per share
Weighted average price range (F4): $33.50–$33.62 per share
+4 more
7 metrics
Total shares sold
856,725 shares
Aggregate sales of CHYM Class A Common Stock by reporting entities on August 20–21, 2026
Weighted average price range (F1)
$32.50–$33.495 per share
Price range for transactions with weighted average price described in footnote F1
Weighted average price range (F4)
$33.50–$33.62 per share
Price range for transactions with weighted average price described in footnote F4
Weighted average price range (F12)
$32.50–$32.905 per share
Price range for transactions with weighted average price described in footnote F12
Example transaction price
$32.7053 per share
Weighted average price reported for several August 21, 2026 sales
Number of sale transactions
21 transactions
Total non-derivative sale entries in the Form 4 transaction summary
Net buy/sell direction
-856,725 shares
Net share change from reported insider sales, all net-sell activity
Key Terms
weighted average price, ten percent owner, beneficial ownership, pecuniary interest
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner regulatory
"each reporting person is indicated as a ten percent owner of the issuer"
beneficial ownership regulatory
"disclaims beneficial ownership of the securities reported herein for purposes of Section 16"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its or her pecuniary interest therein, if any"
FAQ
What insider activity did CHYM disclose in this Form 4?
CHYM disclosed that entities associated with DST Global Advisors Limited, reporting as ten percent owners, conducted 21 open-market or private sales of Class A Common Stock on August 20–21, 2026 through various DST Global VI and VII limited partnerships.
Were the CHYM insider sales under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and no footnote states that the transactions were made pursuant to a Rule 10b5-1 trading plan or other pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.