Chime Co-Founder Ryan King Sells ~$1.49M in Class A Shares Under Rule 10b5-1 Plan

Insider Transaction Summary

• Issuer: Chime Financial, Inc. ($CHYM)
• Reporting Owner: Ryan A. King (Co-Founder & Director)
• Transaction Date: September 9, 2026
• Filing Date: September 10, 2026

Key Details

• Sale Activity: Ryan King disposed of 42,421 shares of Class A Common Stock held indirectly through the King Family Trust at a weighted-average price of $35.1476 per share (range: $35.00 – $35.37), generating gross proceeds of approximately $1.49M.
• Preceding Conversion: Prior to the sale, 34,941 shares of Class B Common Stock were converted on a 1:1 basis into Class A Common Stock by the King Family Trust.
• 10b5-1 Plan: The transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on August 28, 2025.

Holdings After Transaction

• Direct Ownership: 116,667 shares of Class A Common Stock (including RSUs) and 14,408 shares of Class B Common Stock.
• Indirect Ownership: Over 14 million shares of Class B Common Stock remaining across various family and gift trusts (including 11,810,900 shares held by the King Family Trust).

Significance

This sale represents a routine monetization event under a pre-arranged 10b5-1 trading plan and constitutes a very minor percentage (<1%) of the insider's total multi-million share equity stake across direct and trust holdings.