Asmerom Amine 4
4 · Chime Financial, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Chime (CHYM) Chief Accounting Officer Amine Withholds 10,957 Shares
What Happened
Asmerom Amine, Chief Accounting Officer of Chime Financial, had 10,957 shares withheld by the company on Feb 17, 2026 to satisfy tax-withholding obligations tied to the net settlement of vested RSUs. The withheld shares are reported at $19.69 per share, for a notional value of $215,743. This was a tax-withholding/net-settlement action by the issuer (transaction code F), not an open-market sale by the reporting person.
Key Details
- Transaction date: 2026-02-17; Report filed: 2026-02-19 (filed within the typical 2-business-day Form 4 window).
- Withheld shares: 10,957 at $19.69 per share = $215,743 (reported as "disposed" because withheld).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 clarifies shares were withheld by the issuer to satisfy tax withholding and do not represent a sale by the reporting person; F2 notes these securities are RSUs (each RSU converts to one share subject to vesting conditions).
- Transaction code: F (tax withholding/net settlement of RSUs).
Context
This is a routine tax-withholding event tied to RSU vesting (a common "net settlement" or cashless approach where the company retains shares to cover taxes). It should not be read as a directional insider sale — the reporting person did not sell shares on the open market.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-02-17$19.69/sh−10,957$215,743→ 211,213 total
Footnotes (2)
- [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.