Chime Financial CEO Christopher Britt Sells $3.4M in Class A Shares Under 10b5-1 Plan
Chime Financial, Inc.
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Filing Summary
📊 Insider Sale Alert: Chime Financial, Inc. (CHYM) Insider: Christopher R. Britt (Chief Executive Officer, Director) Date: 2026-08-28 Action: Sold 100,000 shares of Class A Common Stock (via 10b5-1 plan) Price: ~$34.03 / share Total Value: $3,402,615.83 Post-Transaction Ownership: 0 indirect Class A shares (Britt Living Trust), 235,417 direct Class A shares/RSUs, and 14,355,103 indirect Class B shares.
Comprehensive Analysis
Executive Summary
On August 28, 2026, Christopher R. Britt, Chief Executive Officer and Director of Chime Financial, Inc. (CHYM), executed sales totaling 100,000 shares of Class A Common Stock for aggregate gross proceeds of approximately $3.40 million.
Transaction Details
- Conversion & Sale Execution:
- 88,618 shares of Class B Common Stock were converted on a 1-for-1 basis into Class A Common Stock.
- The Britt Living Trust sold 11,382 shares at a price of $34.00 per share.
- The Britt Living Trust sold 88,618 shares at a weighted-average price of $34.0295 per share (range: $34.00 – $34.14).
- Trading Plan: All sales were executed pursuant to a pre-arranged Rule 10b5-1 trading plan established on September 15, 2025.
Holdings Following Transactions
- Direct Ownership: 235,417 shares of Class A Common Stock (including RSUs).
- Indirect Ownership:
- Britt Living Trust: 0 shares of Class A Common Stock; 14,355,103 shares of Class B Common Stock.
- Other Family Trusts / GRATs: Additional holdings of 1,933,198 shares of Class B Common Stock across Tiger GRAT, Aloha Trust, Tiger Trust, and Aloha GRAT.
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