King Ryan A 4
4 · Chime Financial, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Chime (CHYM) Co‑Founder Ryan King Withholds Shares for Taxes, Gifts Shares
What Happened
- Ryan A. King, Co‑Founder and Director of Chime Financial (CHYM), had 4,519 shares withheld to satisfy tax withholding on vested RSUs on 2026-02-17 (4,519 shares × $19.69 = $88,979). On 2026-02-18 he transferred 7,147 shares as a gift (reported as disposed) and simultaneously reported an acquisition of 7,147 shares (reported as received into the King Family Trust).
- The 4,519‑share withholding is a tax remittance related to net settlement of RSUs (not an open‑market sale). The 7,147‑share transfer is a gift/transfer to a family trust for which he is trustee.
Key Details
- Transaction dates/prices: 2026-02-17 — 4,519 shares withheld @ $19.69 (value ~$88,979); 2026-02-18 — 7,147 shares gifted/transferred @ $0.00.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes of note:
- F1: Withheld shares represent issuer withholding to satisfy tax obligations on RSU net settlement, not a sale by the reporting person.
- F2: Some securities are RSUs (contingent rights to receive shares subject to vesting).
- F3: The gifted/transferred shares are held by the King Family Trust; Ryan King serves as trustee.
- Filing timeliness: Report covers transactions through 2026-02-17 and was filed 2026-02-19—no late filing flag indicated.
Context
- The withholding reflects routine tax remittance on vested RSUs (a common practice called net settlement), and should not be read as a market sale or trading signal.
- Gifts/transfers to a family trust are personal estate planning transactions and do not necessarily reflect insider sentiment about the company.
Insider Transaction Report
Form 4
King Ryan A
DirectorCo-Founder
Transactions
- Tax Payment
Class A Common Stock
[F1][F2]2026-02-17$19.69/sh−4,519$88,979→ 147,148 total - Gift
Class A Common Stock
[F2]2026-02-18−7,147→ 140,001 total - Gift
Class A Common Stock
[F3]2026-02-18+7,147→ 29,622 total(indirect: See footnote)
Footnotes (3)
- [F1]Represents shares that have been withheld by the Issuer to satisfy its tax withholding and remittance obligations in connection with the net settlement of restricted stock units ("RSUs") and does not represent a sale by the Reporting Person.
- [F2]Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
- [F3]The shares are held by the King Family Trust, for which the Reporting Person serves as trustee.
Signature
/s/ Theresa Bloom, by power of attorney|2026-02-19