Form 4: Chime Co-Founder Ryan King Reports Stock Transactions
Insider Transaction Report
Chime Financial Co-Founder Ryan King reported recent stock transactions, including tax-related withholdings and a gift of shares.
Summary
- Ryan A. King, Co-Founder, Director, and Officer of Chime Financial, Inc. (CHYM), reported transactions in the company's securities.
- On November 20, 2025, 4,175 shares of Class A Common Stock were withheld by the issuer at a price of $18.43 per share to satisfy tax withholding and remittance obligations related to the net settlement of restricted stock units. This transaction does not represent a sale by Mr. King.
- On November 21, 2025, Mr. King disposed of 22,475 shares of Class A Common Stock via a gift (transaction code G) at a price of $0.
- Concurrently on November 21, 2025, 22,475 shares of Common Stock were acquired indirectly by the King Family Trust (transaction code G) at a price of $0. Mr. King serves as attorney-in-fact for this trust.
- Following these reported transactions, Mr. King directly beneficially owns 151,667 shares of Class A Common Stock and indirectly beneficially owns 22,475 shares of Common Stock through the King Family Trust.
Sentiment
Score: 5
Explanation: Neutral, as this is a standard insider transaction disclosure (Form 4) and does not reflect operational performance or strategic changes.
Related Party Transactions
- Gift of 22,475 shares of Class A Common Stock to the King Family Trust, for which Ryan A. King serves as attorney-in-fact, resulting in an indirect acquisition of Common Stock by the trust.
Stakeholder Impact
- Shareholders: Minor change in insider ownership structure due to tax withholding and a gift of shares, which is a routine disclosure and not indicative of operational performance.
Key Dates
| Date | Description |
|---|---|
| 11/20/2025 | Date of tax withholding transaction for Class A Common Stock. |
| 11/21/2025 | Date of gift transaction for Class A Common Stock and indirect acquisition of Common Stock by the King Family Trust. |
Keywords
Chime Financial, CHYM, Ryan King, Insider Trading, Form 4, Stock Transactions, Director, Officer, Co-Founder, Share Ownership, Tax Withholding, Gift
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