4Accepted Sep 16, 8:27 PM ET
Chime (CHYM) 10% Owner DST Global Advisors Sells Shares
Accepted (ET)
8:27 PM
Sep 16, 2026
Filed
Sep 16, 2026
Documents
1
Size
35.2 KB
Summary
Chime (CHYM) 10% Owner DST Global Advisors Sells Shares
What Happened DST Global Advisors Limited (a reported 10% owner / institutional investor) sold approximately 3,216,189 shares of Chime Financial, Inc. (CHYM) on September 14, 2026. The sales generated roughly $109.31 million in proceeds. Trades were reported as open-market/private sales with weighted-average prices reported around $33.97 and $34.25 across different blocks.
Key Details
- Transaction date: 2026-09-14; Form filed: 2026-09-16 (form 2 of 2; DST Global Advisors is the designated filer).
- Total shares sold (approx.): 3,216,189; Total proceeds (approx.): $109,309,928.
- Reported weighted-average prices: ~$33.97 and ~$34.25. Footnotes report trade price ranges of $33.18–$34.1799 and $34.18–$34.55 for the grouped transactions; the filer can provide a per-price breakdown on request (see F1, F4).
- Reporting code: S = Sale (open market or private sale).
- Shares owned after the transactions: not specified in the excerpt provided.
- Structure/ownership notes: many shares are held directly by affiliated DST funds (see F10–F11, F3–F7, F9). Organizational footnotes (F2, F8) state DST affiliates disclaim beneficial ownership for Section 16 purposes except to the extent of any pecuniary interest.
- Timeliness: filed two days after the trade; appears to meet the Form 4 reporting timeframe.
Context This filing reflects institutional selling by a major shareholder (DST Global Advisors and affiliated DST funds), not trading by a company executive. Institutional disposals can reflect portfolio rebalancing or liquidity needs; they are not direct indicators of company operational outlook. Purchases by insiders are generally considered more informative of insider sentiment than routine institutional sales.