4Accepted Sep 14, 5:51 PM ET
Chime (CHYM) Director Feuille James Sells 351,890 Shares
Accepted (ET)
5:51 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
1
Size
17.7 KB
Summary
Chime (CHYM) Director Feuille James Sells 351,890 Shares
What Happened
Feuille James, a director of Chime Financial, sold a total of 351,890 Chime shares in open-market/private sales on September 10–11, 2026. The trades were executed in three blocks: 93,492 shares at a weighted average price of $33.15 ($3.10M), 97,308 shares at $33.03 ($3.21M), and 161,090 shares at $32.89 ($5.30M), for aggregate proceeds of approximately $11.61 million. These were sales (not purchases) and therefore are typically considered routine liquidity transactions rather than affirmative insider purchases.
Key Details
- Transaction dates: 2026-09-10 and 2026-09-11.
- Prices and amounts: 93,492 @ $33.15 ($3,099,035); 97,308 @ $33.03 ($3,213,947); 161,090 @ $32.89 ($5,298,202). Total ≈ $11,611,184.
- Transaction type: Sale (S) — open market or private sale.
- Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
- Filing timeliness: Form filed 2026-09-14 — appears filed within the SEC’s two-business-day window for Form 4 reporting.
- Notable footnotes: The filing notes weighted-average price ranges for the sales; many holdings are reported as held through entities or trusts (e.g., CV VII, CB VII, Crosslink-related entities, revocable/irrevocable trusts) with the reporting person disclaiming beneficial ownership except to the extent of pecuniary interest. Some holdings reflect pro rata in-kind distributions exempt under Rule 16a-13.
Context
Sales by directors often reflect personal liquidity needs or portfolio management and are not, by themselves, a clear signal about company prospects. Purchases generally attract more attention from investors as a straightforward bullish signal. This Form 4 shows only sales; no options exercises, gifts, or awards were reported in the transactions listed.