Form 4: Chime Financial Executive Sells Shares
Insider Transaction (Form 4)
Ryan A King, Co-Founder and a Director of Chime Financial, Inc., sold 375,000 shares of common stock on August 6, 2026.
Summary
- Conversion of derivative: acquired 337,898 Class A Common Stock on August 6, 2026; holds 375,000 after (Indirect).
- Open-market sale: disposed of 37,102 Class A Common Stock at $29.00 ($1,075,958) on August 6, 2026; holds 337,898 after (Indirect).
- Open-market sale: disposed of 112,898 Class A Common Stock at $29.03 ($3,277,485) on August 6, 2026; holds 225,000 after (Indirect).
- Open-market sale: disposed of 225,000 Class A Common Stock at $31.10 ($6,996,802) on August 6, 2026 (Indirect).
- Conversion of derivative: disposed of 337,898 Class B Common Stock on August 6, 2026; holds 11,845,841 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $11,350,246 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Ryan A King — Director, Officer (Co-Founder)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-06 | Conversion of derivative | Class A Common Stock | 337,898 | — | — | 375,000 |
| 2026-08-06 | Open-market sale | Class A Common Stock | 37,102 | $29 | $1.1M | 337,898 |
| 2026-08-06 | Open-market sale | Class A Common Stock | 112,898 | $29 | $3.3M | 225,000 |
| 2026-08-06 | Open-market sale | Class A Common Stock | 225,000 | $31 | $7.0M | 0 |
| 2026-08-06 | Conversion of derivative | Class B Common Stock | 337,898 | — | — | 11,845,841 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-06 | Conversion of derivative (337,898 shares) |
| 2026-08-06 | Open-market sale (37,102 shares) |
| 2026-08-06 | Open-market sale (112,898 shares) |
| 2026-08-06 | Open-market sale (225,000 shares) |
| 2026-08-06 | Conversion of derivative (337,898 shares) |
Keywords
insider transaction, Form 4, CHYM, Chime Financial, Inc., bearish, Ryan A King
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