Chime Financial (CHYM) CAO uses 11,791 shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chime Financial, Inc.'s Chief Accounting Officer, Asmerom Amine, had 11,791 shares of Class A Common Stock withheld on May 15, 2026 to cover tax obligations from the net settlement of restricted stock units. This was a tax-withholding transaction by the company, not an open-market sale by Amine. After this event, Amine directly holds 236,946 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Asmerom Amine
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 11,791 | $17.88 | $211K |
Holdings After Transaction:
Class A Common Stock — 236,946 shares (Direct, null)
Footnotes (1)
- 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. 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
Shares withheld for taxes: 11,791 shares
Reference price per share: $17.88 per share
Shares held after transaction: 236,946 shares
+1 more
4 metrics
Shares withheld for taxes
11,791 shares
Withheld to satisfy tax obligations from RSU net settlement
Reference price per share
$17.88 per share
Price associated with the 11,791 withheld shares
Shares held after transaction
236,946 shares
Direct Class A Common Stock holdings after May 15, 2026 event
Transaction date
May 15, 2026
Date of RSU-related tax-withholding disposition
Key Terms
restricted stock units ("RSUs"), net settlement, tax withholding and remittance obligations, Class A Common Stock
4 terms
restricted stock units ("RSUs") financial
"Certain of these securities are 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.
net settlement financial
"in connection with the net settlement of restricted stock units ("RSUs")"
tax withholding and remittance obligations financial
"withheld by the Issuer to satisfy its tax withholding and remittance obligations"
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's 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.
FAQ
What did Chime Financial (CHYM) disclose in Asmerom Amine's latest Form 4?
Chime Financial reported that Chief Accounting Officer Asmerom Amine had 11,791 shares withheld to satisfy tax obligations from RSU vesting. This routine tax-withholding event did not involve an open-market sale and reflects standard equity compensation administration.
What are RSUs in the context of Chime Financial (CHYM) insider compensation?
The filing explains that certain securities are restricted stock units, or RSUs. Each RSU represents a contingent right to receive one share of Chime Financial Class A Common Stock, subject to the specific vesting schedule and conditions attached to each RSU grant.