4Accepted Sep 9, 4:55 PM ET
Chime (CHYM) Chief Accounting Officer Asmerom Amine Sells Shares
Accepted (ET)
4:55 PM
Sep 9, 2026
Filed
Sep 9, 2026
Documents
1
Size
7.7 KB
Summary
Chime (CHYM) Chief Accounting Officer Asmerom Amine Sells Shares
What Happened
Asmerom Amine, Chief Accounting Officer of Chime Financial, sold a total of 19,505 shares in two open‑market dispositions on September 8, 2026, generating approximately $642,529 in proceeds. The reported transactions were: 10,000 shares at a weighted average price of $32.54 for $325,428, and 9,505 shares at a weighted average price of $33.36 for $317,101. These were sales (not purchases) and therefore represent dispositions rather than a bullish insider purchase.
Key Details
- Transaction date: September 8, 2026; Form 4 filed September 9, 2026 (filed promptly within the required window).
- Reported trades:
- 10,000 shares disposed at $32.54 (proceeds $325,428). Footnote: sold pursuant to a Rule 10b5‑1 trading plan (adopted Dec 4, 2025). Reported price is a weighted average; actual execution prices ranged $32.17–$33.14.
- 9,505 shares disposed at $33.36 (proceeds $317,101). Reported price is a weighted average; actual execution prices ranged $33.18–$33.51.
- Some of the securities involved are restricted stock units (RSUs), which are contingent rights to receive shares subject to vesting and other conditions.
- The reporting person offered to provide a breakdown of the number of shares sold at each price within the reported ranges upon request.
- Shares owned after the transaction are not specified in the provided excerpt of the Form 4.
Context
Sales executed under a pre‑arranged Rule 10b5‑1 plan are typically scheduled in advance and can be routine (e.g., for diversification or liquidity), so they do not necessarily signal the insider’s current view of the company. For retail investors, purchases by insiders often carry more informational weight than planned sales; this filing documents a planned/structured sale resulting in roughly $642.5k in proceeds.