CAROLAN SHAWN T 4
4 · Chime Financial, Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Chime (CHYM) Director Shawn T. Carolan Receives RSU Award
What Happened
Shawn T. Carolan, a director of Chime Financial, was granted 10,753 restricted stock units (RSUs) on June 2, 2026. The RSUs were granted at $0.00 per share (no cash paid at grant) and represent a contingent right to receive one share of Class A common stock for each RSU upon vesting.
Key Details
- Transaction date: June 2, 2026; Form filed: June 4, 2026 (timely filing).
- Grant: 10,753 RSUs @ $0.00 (total $0 at grant).
- Vesting: 100% of the RSUs vest on the earlier of (i) June 2, 2027 or (ii) the day immediately before the issuer's next annual meeting, subject to continued service (see footnote F1).
- Shares owned after transaction: Not specified in this Form 4.
- Other footnotes (F2–F9) note the reporting person’s interests in various Menlo/inflection funds and disclaimers of beneficial ownership except to the extent of pecuniary interest.
Context
RSU grants are a form of equity compensation and do not represent immediate cash value until shares vest and are delivered. This is an award/grant (code A) rather than a purchase or sale; such grants are common for executives and directors and should be viewed as compensation rather than a direct market sentiment signal.
Insider Transaction Report
Form 4
CAROLAN SHAWN T
Director
Transactions
- Award
Class A Common Stock
[F1]2026-06-02+10,753→ 18,381 total
Holdings
- 6,865,680(indirect: By Menlo Ventures XIV, L.P.)
Class A Common Stock
[F2] - 102,310(indirect: By MMEF XIV, L.P.)
Class A Common Stock
[F3] - 88,200(indirect: By Menlo Entrepreneurs Fund XIV, L.P.)
Class A Common Stock
[F4] - 9,650,310(indirect: By Menlo Inflection I, L.P.)
Class A Common Stock
[F5] - 156,900(indirect: By MMSOP, L.P.)
Class A Common Stock
[F6] - 569,755(indirect: By Menlo Inflection II, L.P.)
Class A Common Stock
[F7] - 5,793(indirect: By MM Inflection, L.P.)
Class A Common Stock
[F8] - 3,765(indirect: By Menlo Entrepreneurs Inflection Fund, L.P.)
Class A Common Stock
[F9]
Footnotes (9)
- [F1]These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. 100% of the RSUs shall vest on the earlier of (i) June 2, 2027 or (ii) the day immediately before the date of the Issuer's next annual meeting, subject to the Reporting Person continuing as a service provider through each such date.
- [F2]Shares are directly held by Menlo Ventures XIV, L.P. ("Menlo XIV"). The Reporting Person is a managing member of MV Management XIV, L.L.C. ("MVM XIV"), the general partner of Menlo XIV. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F3]Shares are directly held by MMEF XIV, L.P. ("MMEF XIV"). The Reporting Person is a managing member of MVM XIV, the general partner of MMEF XIV. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F4]Shares are directly held by Menlo Entrepreneurs Fund XIV, L.P. ("MEF XIV"). The Reporting Person is a managing member of MVM XIV, the general partner of MEF XIV. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F5]Shares are directly held by Menlo Inflection I, L.P. ("Menlo Inflection I"). The Reporting Person is a managing member of MSOP GP, L.L.C. ("MSOP GP"), the general partner of Menlo Inflection I. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F6]Shares are directly held by MMSOP, L.P. ("MMSOP"). The Reporting Person is a managing member of MSOP GP, the general partner of MMSOP. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F7]Securities are directly held by Menlo Inflection II, L.P. ("Menlo Inflection II"). The Reporting Person is a managing member of MSOP GP II, L.L.C. ("MSOP GP II"), the general partner of Menlo Inflection II. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F8]Securities are directly held by MM Inflection, L.P. ("MM Inflection"). The Reporting Person is a managing member of MSOP GP II, the general partner of MM Inflection. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F9]Securities are directly held by Menlo Entrepreneurs Inflection Fund, L.P. ("ME Inflection"). The Reporting Person is a managing member of MSOP GP II, the general partner of ME Inflection. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Signature
/s/ Shawn T. Carolan|2026-06-04