Form 4: Chime Financial CEO Sells Shares
Insider Transaction (Form 4)
Christopher R Britt, Chief Executive Officer and a Director of Chime Financial, Inc., sold 100,000 shares of common stock on August 28, 2026.
Summary
- Conversion of derivative: acquired 88,618 Class A Common Stock on August 28, 2026; holds 100,000 after (Indirect).
- Open-market sale: disposed of 11,382 Class A Common Stock at $34.00 ($386,988) on August 28, 2026; holds 88,618 after (Indirect).
- Open-market sale: disposed of 88,618 Class A Common Stock at $34.03 ($3,015,626) on August 28, 2026 (Indirect).
- Conversion of derivative: disposed of 88,618 Class B Common Stock on August 28, 2026; holds 14,355,103 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $3,402,614 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Christopher R Britt — Director, Officer (Chief Executive Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-28 | Conversion of derivative | Class A Common Stock | 88,618 | — | — | 100,000 |
| 2026-08-28 | Open-market sale | Class A Common Stock | 11,382 | $34 | $387.0K | 88,618 |
| 2026-08-28 | Open-market sale | Class A Common Stock | 88,618 | $34 | $3.0M | 0 |
| 2026-08-28 | Conversion of derivative | Class B Common Stock | 88,618 | — | — | 14,355,103 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-28 | Conversion of derivative (88,618 shares) |
| 2026-08-28 | Open-market sale (11,382 shares) |
| 2026-08-28 | Open-market sale (88,618 shares) |
| 2026-08-28 | Conversion of derivative (88,618 shares) |
Keywords
insider transaction, Form 4, CHYM, Chime Financial, Inc., bearish, Christopher R Britt
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