Equity awards lift Chime (CHYM) CAO Amine’s stock and option stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chime Financial, Inc. reported that Chief Accounting Officer Asmerom Amine received new equity awards. He was granted an option to buy 75,048 shares of Class A Common Stock at an exercise price of $21.62 per share, expiring on March 11, 2036. Following this grant, he holds 75,048 option shares.
He also received 37,524 restricted stock units, each representing one share of Class A Common Stock, bringing his direct common stock holdings to 248,737 shares after the award. One‑sixteenth of the RSUs vest on May 15, 2026 and continue to vest quarterly, while the option vests 1/48 on March 15, 2026 and monthly thereafter, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Asmerom Amine
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to buy) | 75,048 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 37,524 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to buy) — 75,048 shares (Direct);
Class A Common Stock — 248,737 shares (Direct)
Footnotes (1)
- 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. One-sixteenth (1/16th) of the RSUs shall vest on May 15, 2026 and quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date. 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. 1/48th of the shares subject to the option will vest on March 15, 2026 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.
FAQ
What did Chime Financial (CHYM) disclose in Asmerom Amine’s latest Form 4?
Chime Financial disclosed that Chief Accounting Officer Asmerom Amine received new equity awards, including stock options and restricted stock units. These awards increase his direct holdings of Class A Common Stock and provide additional potential future ownership, subject to multi-year vesting schedules and continued service conditions.
How many stock options did Chime’s CAO receive in this CHYM Form 4 filing?
The CAO received options to buy 75,048 shares of Chime Class A Common Stock at an exercise price of $21.62 per share. The options expire on March 11, 2036 and begin vesting on March 15, 2026, then continue vesting monthly, contingent on his continued service.
What restricted stock units were granted to the Chime (CHYM) Chief Accounting Officer?
He was granted 37,524 restricted stock units, each representing one share of Class A Common Stock. One‑sixteenth vests on May 15, 2026, with additional portions vesting quarterly afterward, provided he remains a service provider through each vesting date, as described in the filing footnotes.
What are Asmerom Amine’s holdings after the reported CHYM transactions?
After the transactions, he directly holds 248,737 shares of Chime Class A Common Stock and 75,048 option shares. These figures reflect the updated ownership position reported in the Form 4, combining existing shares with the newly granted equity awards and associated vesting schedules.
Are the Chime (CHYM) equity awards to the CAO open-market purchases or compensation grants?
The awards are compensation-related grants, not open-market purchases. Both transactions use code “A” for grant, award, or other acquisition, with zero purchase price per share, indicating they were issued by Chime as part of his compensation package rather than bought on the stock market.