Chime (CHYM) CEO Britt Christopher Withholds Shares, Gifts 11,382

What Happened Britt Christopher, CEO of Chime Financial, had 12,160 shares withheld in a net settlement of restricted stock units to satisfy tax withholding (12,160 @ $32.02; $389,363). The next day he recorded a gift transaction of 11,382 shares (reported as both a disposition and an acquisition at $0), which appears to transfer shares into the Britt Living Trust for which he is trustee.

Key Details

• Transaction dates and amounts:
  • 2026-08-17: Tax withholding/net settlement — 12,160 shares withheld at $32.02 per share; value shown $389,363 (code F).
  • 2026-08-18: Gift — 11,382 shares reported disposed at $0 (code G).
  • 2026-08-18: Gift — 11,382 shares reported acquired at $0 (code G).
• Shares owned after transaction: Not specified in this Form 4.
• Footnotes:
  • F1: Withheld shares were retained by the issuer to satisfy tax withholding for net-settled RSUs and do not represent a sale by the reporting person.
  • F2: Some securities are RSUs (each RSU = a contingent right to one share, subject to vesting).
  • F3: The gifted/held shares are tied to the Britt Living Trust, for which Christopher is trustee.
• Filing: Form filed 2026-08-19 reporting transactions on 2026-08-17 and 2026-08-18.

Context The 12,160-share entry is a tax-withholding event from an RSU net settlement (not a market sale by the insider). The 11,382-share gift likely reflects a transfer into a trust and—like most gifts—does not necessarily indicate the insider's market view.