Feuille James 4
Research Summary
AI-generated summary
Chime (CHYM) Director James Feuille Receives 10,753 RSUs
What Happened
- Director James Feuille received a grant of 10,753 restricted stock units (RSUs) on June 2, 2026. The RSUs were granted at $0.00 (no cash paid) and each RSU represents a contingent right to one share of Chime Class A common stock. This is an award (compensation) rather than a purchase or sale.
Key Details
- Transaction date: 2026-06-02; Form 4 filed: 2026-06-04 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares granted: 10,753 RSUs; grant price: $0.00.
- Vesting (per footnote F1): 100% vests on the earlier of (i) June 2, 2027 or (ii) the day before the issuer’s next annual meeting, subject to continued service through such date.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Other footnotes summarize holdings through trusts and investment vehicles (reporting person may be trustee or managing member and disclaims beneficial ownership except to extent of pecuniary interest).
Context
- RSUs are a form of compensation that convert into shares only upon vesting; they do not represent immediately tradable shares and are not the same as an open-market purchase (so they are less of a direct bullish signal than a personal cash purchase). This grant aligns the director’s pay with future company performance but does not immediately change public float until settlement.