Form 4: Chime Co-Founder Ryan King Reports Stock Transactions
Insider Transaction Report
Chime Financial Co-Founder Ryan King reported tax-related stock withholdings and a gift of Class A Common Stock to a family trust.
Summary
- Ryan A. King, Co-Founder, Director, and Officer of Chime Financial, Inc., reported transactions involving Class A Common Stock.
- On February 17, 2026, 4,519 shares were withheld by the Issuer at a price of $19.69 to satisfy tax withholding obligations related to the net settlement of restricted stock units (RSUs). This was not a sale by the reporting person.
- Following the tax withholding, Ryan King directly beneficially owned 147,148 shares of Class A Common Stock.
- On February 18, 2026, Ryan King disposed of 7,147 shares of Class A Common Stock directly as a gift at a price of $0.
- Concurrently on February 18, 2026, 7,147 shares of Class A Common Stock were acquired indirectly as a gift at a price of $0, held by the King Family Trust, for which Ryan King serves as trustee.
- After these transactions, Ryan King directly beneficially owns 140,001 shares and indirectly beneficially owns 29,622 shares through the King Family Trust.
- Certain beneficially owned securities are Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Class A Common Stock, subject to vesting schedules and conditions.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this filing as slightly positive due to the RSU vesting, which indicates earned compensation for the executive, offset by the neutral nature of a personal stock gift.
Positives
- The tax withholding transaction indicates the vesting of Restricted Stock Units (RSUs), which represents compensation earned by the Co-Founder and is generally a positive sign of executive retention and value realization.
Future Outlook
This Form 4 filing reports past insider transactions and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that insider transaction reports like Form 4 provide transparency into executive stock movements but typically do not reflect broader industry trends or competitive dynamics. These transactions are specific to the individual's compensation and personal financial planning.
Related Party Transactions
- A gift of 7,147 shares of Class A Common Stock was made to the King Family Trust, for which the reporting person, Ryan King, serves as trustee. This constitutes a transaction with a related party.
Stakeholder Impact
- Shareholders: The transactions are routine insider filings and are unlikely to have a significant direct impact on the company's operations or share price. The RSU vesting indicates continued executive alignment with shareholder interests.
- Employees: No direct impact on employees is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 02/17/2026 | Date of tax withholding transaction for 4,519 shares of Class A Common Stock at $19.69. |
| 02/18/2026 | Date of gift transaction where 7,147 shares of Class A Common Stock were disposed of directly and acquired indirectly by the King Family Trust. |
| 02/19/2026 | Date the Form 4 filing was signed and submitted. |
Keywords
Chime Financial, CHYM, Ryan King, Form 4, Insider Transaction, Restricted Stock Units, RSU, Tax Withholding, Stock Gift, Beneficial Ownership
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