Chime Financial, Inc.·4

Mar 16, 7:32 PM ET

Asmerom Amine 4

Research Summary

AI-generated summary

Updated

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.