Director Crosslink Crossover Fund VII Files Form 144 Notice to Sell $1.84M of Chime Financial
Chime Financial, Inc.
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Filing Summary
Form 144 Notice of Proposed Sale: Chime Financial, Inc. • Insider: CROSSLINK CROSSOVER FUND VII, LP (Director) • Proposed Sale: 55,692 shares of Common Stock • Estimated Market Value: $1,839,428.79 (~$33.03/share) • Broker: Morgan Stanley Smith Barney LLC • Approx. Sale Date: 2026-09-11
Comprehensive Analysis
Form 144 Filing Overview: Chime Financial, Inc.
CROSSLINK CROSSOVER FUND VII, LP, identified as a Director of Chime Financial, Inc., has filed a Form 144 notice of intention to sell 55,692 shares of Common Stock with an estimated aggregate market value of $1,839,428.79 (approximately $33.03 per share).
Key Highlights:
- Proposed Sale Amount: 55,692 shares ($1.84M aggregate market value).
- Shares Outstanding Context: With 347,019,852 total shares outstanding, this proposed sale represents approximately 0.016% of total outstanding equity.
- Origin of Shares: Originally acquired on 04/19/2016 directly from the issuer via private cash purchase.
- Recent Selling Activity (Past 3 Months):
- On 09/10/2026, Crosslink Crossover Fund VII, LP sold 53,508 shares for gross proceeds of $1,773,661.78.
- On 09/10/2026, affiliated entity Crosslink Crossover Fund VI, LP sold 93,492 shares for gross proceeds of $3,099,035.42.
Market Impact & Significance
The trading significance is assessed as Low given the small percentage of total outstanding shares (less than 0.02%) and the standard liquidity distribution behavior typical of venture capital/crossover investment funds.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
