Newcomb Matthew S 4

What Happened

• Matthew S. Newcomb, Chief Financial Officer of Chime Financial, received two awards on March 12, 2026: 140,713 RSUs (reported as shares) and 281,426 RSU-type derivative awards — a total of 422,139 units. Both grants are recorded at $0.00 (no cash paid). These are awards/long-term compensation, not open-market purchases or sales.

Key Details

• Transaction date: 2026-03-12; Filing date (Form 4): 2026-03-16 (timely).
• Prices/values reported: $0.00 per unit; total reported value $0.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes from the filing:
  • F1: These RSUs convert to one share each; 1/16th vests on May 15, 2026 and then quarterly thereafter, subject to continued service.
  • F2: Confirms RSU nature and vesting conditions generally apply.
  • F3: Certain shares are held by the 2019 Newcomb Fox Family Trust (the Reporting Person and spouse are trustees).
  • F4: The filing also references an option vesting schedule (1/48th vests March 15, 2026 and monthly thereafter) for option-held shares.
• Derivative note: 281,426 units are reported as derivative securities (contingent rights to shares — RSUs).

Context

• RSU awards are compensation that convert to actual shares only as they vest; they do not represent an immediate purchase or sale and generate no immediate cash proceeds for the insider. Such grants align management incentives with shareholders but should be viewed as a compensation event rather than a direct market-confidence signal.