Britt Christopher R 4
Research Summary
AI-generated summary
Chime (CHYM) CEO Britt Christopher Receives 900,563-Share Award
What Happened
- Britt Christopher R, Chief Executive Officer of Chime Financial, was granted 900,563 derivative shares (transaction code A) on 2026-03-12. The award was recorded at $0.00 per share (no cash purchase). This is a compensation grant (not a sale or open-market purchase) and is subject to a vesting schedule.
Key Details
- Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (filed within required business-day window).
- Shares granted: 900,563; price reported: $0.00 (derivative award/RSU-style grant).
- Vesting: 1/48th of the shares vest on March 15, 2026 with 1/48th vesting monthly thereafter (48-month schedule), subject to continued service (see footnote).
- Shares owned after the transaction: not specified in the materials provided.
- Transaction code: A (award/grant). No sale or tax-withholding action reported in this filing.
Context
- This grant is a compensation/retention award that vests over time; vested shares (if any) would become beneficially owned only as they vest. Such awards reflect company compensation practices rather than an immediate insider market endorsement or divestment.