Form 4: Chime CFO's Stock Transactions: Tax Withholding & Trust Transfers

Sentiment:

Insider Transaction Report


Chime Financial CFO Matthew S Newcomb reported recent stock transactions, including shares withheld for tax obligations and transfers to a family trust.

Summary

  • Matthew S Newcomb, Chief Financial Officer of Chime Financial, Inc., reported changes in beneficial ownership of Class A Common Stock.
  • On November 20, 2025, 13,888 shares were disposed of at a price of $18.43 per share to satisfy tax withholding obligations in connection with the net settlement of restricted stock units. This transaction does not represent a sale by the reporting person.
  • Following this transaction, Newcomb directly beneficially owned 523,039 shares.
  • On November 21, 2025, 102,926 shares were directly disposed of at a price of $0.
  • Concurrently on November 21, 2025, 102,926 shares were indirectly acquired at a price of $0, with these shares held by the 2019 Newcomb Fox Family Trust.
  • After these transactions, Newcomb directly beneficially owned 420,113 shares and indirectly beneficially owned 2,250,798 shares through the 2019 Newcomb Fox Family Trust, for which he and his spouse serve as trustees.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine disclosure of insider stock transactions, including tax-related withholding and trust transfers, which do not inherently indicate positive or negative company performance.

Related Party Transactions

  • Transfer of 102,926 shares of Class A Common Stock to the 2019 Newcomb Fox Family Trust, for which the reporting person and his spouse serve as trustees.

Stakeholder Impact

  • Shareholders: Provides transparency regarding the beneficial ownership and transactions of a key executive, which is standard regulatory disclosure.

Key Dates

DateDescription
11/20/2025Date of earliest transaction: 13,888 shares disposed for tax withholding related to restricted stock units.
11/21/2025Date of transaction: 102,926 shares disposed directly and 102,926 shares acquired indirectly by the 2019 Newcomb Fox Family Trust.
11/21/2025Signature date of the reporting person's power of attorney for the filing.

Keywords

Chime Financial, CHYM, Form 4, insider transaction, CFO, Matthew S Newcomb, beneficial ownership, restricted stock units, tax withholding, family trust

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.