Newcomb Matthew S 4

What Happened
Matthew S. Newcomb, Chief Financial Officer of Chime Financial (CHYM), reported RSU-related tax withholding and a gift transfer. On 2026-02-17, 23,993 shares were withheld at $19.69/share to cover tax obligations (cash value ~$472,422). On 2026-02-18, filings show 22,523 shares reported as a gift (disposition) and a corresponding 22,523-share gift (acquisition) entry — indicating an internal transfer/gift related to family trust holdings.

Key Details

• Transaction dates: 2026-02-17 (tax withholding/net settlement) and 2026-02-18 (gift entries). Filing date: 2026-02-19 (appears timely).
• Tax withholding: 23,993 shares withheld at $19.69 each — total value ≈ $472,422. Footnote F1 clarifies these withholdings are issuer-withheld to satisfy tax remittance and do NOT represent an open-market sale by the reporting person.
• Gift entries: 22,523 shares reported with transaction code G on 2026-02-18 (one entry disposed, one entry acquired). Footnote F3 notes certain shares are held by the "2019 Newcomb Fox Family Trust," for which the reporting person and spouse serve as trustees.
• RSU note: Footnote F2 indicates some securities are RSUs (each RSU converts to one share upon vesting).
• Shares owned after the transactions: not specified in the excerpted details — see the full Form 4 for total post-transaction holdings.

Context

• The tax-withholding entry is a common administrative action when RSUs vest and are net-settled; per the filing, those withheld shares are not an open-market sale and don’t signal a bearish view.
• Gift transactions generally reflect estate or family planning and are not necessarily a signal about the insider’s view of the stock.
• For full detail (total holdings, exact recipient of the gift, and any additional footnotes), review the complete Form 4 (Accession: 0002061268-26-000004).