Asmerom Amine 4
4 · Chime Financial, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Chime (CHYM) Chief Accounting Officer Asmerom Amine Receives RSU Award
What Happened
Asmerom Amine, Chime Financial's Chief Accounting Officer, received two awards on March 12, 2026 totaling 112,572 restricted stock units (RSUs) — 37,524 RSUs and 75,048 RSUs — reported at $0.00 acquisition price (total reported value $0). These are grants (code A) and are contingent/derivative awards that convert to one share of Class A common stock per RSU upon vesting. This is a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: March 12, 2026; Filing date: March 16, 2026 (Form 4 filed 4 days after the transaction; note SEC Form 4 is normally due within 2 business days).
- Price: $0.00 per share (standard for RSU grants); Reported total shares granted: 37,524 + 75,048 = 112,572 RSUs.
- Shares owned after transaction: not specified in the summary data provided in this request.
- Footnotes/vesting:
- F1: These RSUs convert to one share each; 1/16th vests on May 15, 2026 and quarterly thereafter, subject to continued service.
- F2: Certain RSUs are subject to the applicable vesting schedule and conditions.
- F3: The filing also references a separate option vesting schedule (1/48th vests March 15, 2026 and monthly thereafter).
- Transaction code: A = Award/Grant (derivative RSUs).
Context
RSU grants are a form of employee compensation and do not represent an immediate sale or purchase of shares; value is realized only as units vest and convert to stock. Because these awards were granted at $0, there was no cash exchanged at grant date. The filing delay (filed four days after the transaction) may be later than the usual 2-business-day Form 4 deadline.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-03-12+37,524→ 248,737 total - Award
Employee Stock Option (Right to buy)
[F3]2026-03-12+75,048→ 75,048 totalExercise: $21.62Exp: 2036-03-11→ Class A Common Stock (75,048 underlying)
Footnotes (3)
- [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. One-sixteenth (1/16th) of the RSUs shall vest on May 15, 2026 and quarterly thereafter, subject to the Reporting Person continuing as a service provider through each such date.
- [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]1/48th of the shares subject to the option will vest on March 15, 2026 and 1/48th of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date.