4Accepted Sep 16, 8:21 PM ET
Chime (CHYM) 10% Owner DST Global Advisors Sells Shares
Accepted (ET)
8:21 PM
Sep 16, 2026
Filed
Sep 16, 2026
Documents
1
Size
48.1 KB
Summary
Chime (CHYM) 10% Owner DST Global Advisors Sells Shares
What Happened
- DST Global Advisors Limited (reported as a 10% owner via affiliated funds) sold a total of 3,216,189 shares of Chime Financial, Inc. (CHYM) on September 14, 2026. The transactions generated aggregate proceeds of approximately $109.3 million.
- The reported per-share prices in the filing are $33.97 and $34.25 for the listed lots; the filing footnotes state the shares were sold in multiple transactions at prices ranging roughly from $33.18 to $34.55. All transactions are reported as sales (S) — institutional disposition rather than a company insider purchase.
Key Details
- Transaction date: 2026-09-14; Form 4 filed: 2026-09-16 (appears timely).
- Total shares sold: 3,216,189; aggregate proceeds: ~$109,309,928.
- Reported sale prices on the form: mainly $33.97 and $34.25; footnotes give price ranges $33.18–$34.1799 and $34.18–$34.55 and note the Column 4 price is a weighted average.
- Shares held directly by specific DST funds are identified in footnotes (e.g., DSTG VII Investments-1 L.P., DSTG VII Investments-4 L.P., DST Global VI, L.P., etc.).
- Ownership/disclaimer notes: the filing includes entity/ownership structure footnotes and disclaimers by various DST entities and the ultimate owner (Despoina Zinonos) about beneficial ownership for Section 16 purposes.
- Filing remark: this Form 4 is "form 1 of 2" and DST Global Advisors Limited is the designated filer on both forms.
- Shares owned after the transaction: not specified in the excerpt provided — see the full Form 4 filing for post-transaction holdings.
Context
- This is institutional selling by a reported 10% owner (multiple affiliated funds), not an individual executive trade. Such large institutional sales can be routine portfolio/liquidity management and do not, by themselves, indicate insider sentiment about company prospects.
- Transaction code: S = Sale. No options exercises, awards, gifts, or tax-withholding transactions are reported in this excerpt.