Director Shawn T. Carolan Sells $19.2M of Chime Financial (CHYM) Shares

Insider Transaction Summary: Chime Financial, Inc. (CHYM)

Overview

Director Shawn T. Carolan reported the open-market sale of 579,313 shares of Class A Common Stock between September 10, 2026, and September 11, 2026, generating gross proceeds of approximately $19.19 million.

Breakdown of Transactions

• September 10, 2026:
  • 302,306 shares sold at a weighted average price of $33.2051 (~$10.04M total value) across Menlo Inflection II, L.P. (297,318 shares), MM Inflection, L.P. (3,023 shares), and Menlo Entrepreneurs Inflection Fund, L.P. (1,965 shares).
• September 11, 2026:
  • 277,007 shares sold at a weighted average price of $33.0549 (~$9.16M total value) across Menlo Inflection II, L.P. (272,437 shares), MM Inflection, L.P. (2,770 shares), and Menlo Entrepreneurs Inflection Fund, L.P. (1,800 shares), fully liquidating remaining holdings in these specific vehicles.

Holdings Post-Transaction

Following these sales and prior exempt pro-rata distributions in kind, Shawn T. Carolan retains indirect beneficial ownership of substantial equity stakes through other Menlo entities:

• Menlo Ventures XIV, L.P.: 3,432,840 shares
• Menlo Inflection I, L.P.: 4,825,155 shares
• MMSOP, L.P.: 78,450 shares
• MMEF XIV, L.P.: 51,155 shares
• Menlo Entrepreneurs Fund XIV, L.P.: 44,100 shares
• Family Trust: 716 shares
• Direct Ownership: 304,843 shares