Chime (CHYM) General Counsel Adam Frankel Sells 3,000 Shares

What Happened
Adam Frankel, General Counsel of Chime Financial, reported the disposition of 3,000 shares on 2026-06-15. The shares were sold at $17.50 per share for total proceeds of $52,500. The transaction is coded as a sale (S) and listed as an "open market or private sale" on the Form 4.

Key Details

• Transaction date: 2026-06-15; Report filed: 2026-06-16 (timely filing).
• Price: $17.50 per share; Total proceeds: $52,500.
• Shares disposed: 3,000.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Certain securities referenced in the filing are restricted stock units (RSUs) — each RSU is a contingent right to receive one share subject to vesting and conditions.
• Transaction code: S = Sale. No 10b5-1 plan or tax-withholding details were provided in the supplied information.

Context
Sales by officers are common and do not necessarily indicate a change in company outlook; the filing is factual and shows a routine disposition of shares. The RSU footnote means some equity referenced in the filing may relate to contingent awards rather than previously held common stock.