Britt Christopher R 4

What Happened Britt Christopher R, CEO of Chime Financial, had 9,170 shares withheld on 2026-05-15 to satisfy tax withholding connected with the net settlement of RSUs (payment value recorded as $163,960). On 2026-05-18 the filing shows a gift transaction of 14,372 shares (reported at $0.00). The withholding is not a market sale — it was done by the company to cover tax obligations tied to vested RSUs.

Key Details

• Transactions:
  • 2026-05-15: Tax withholding (code F) — 9,170 shares @ $17.88; $163,960 withheld.
  • 2026-05-18: Gift (code G) — 14,372 shares reported as disposed @ $0.00.
  • 2026-05-18: Gift (code G) — 14,372 shares reported as acquired @ $0.00 (filing shows both disposed and acquired entries).
• Shares owned after transaction: Not specified in the provided filing excerpts.
• Notable footnotes:
  • F1: Withheld shares satisfy issuer tax withholding/remittance obligations and do not represent a sale by the reporting person.
  • F2: Some securities are RSUs (each RSU converts to one share subject to vesting conditions).
  • F3: Shares are held by the Britt Living Trust, for which the reporting person is trustee.
• Filing timeliness: Report filed 2026-05-18 for transactions on 2026-05-15 and 2026-05-18; no late filing flag indicated.

Context

• The F1/F2 notes indicate this was essentially a net settlement of RSUs with shares withheld for taxes (not a disposition in the public market).
• Gift transactions are transfers and do not by themselves imply bullish or bearish sentiment.
• For retail investors, withholding of shares for taxes is routine after RSU vesting; the gift/transfer may reflect estate or trust planning (footnote shows a related trust), not an investment decision.