Marshall Cynthia 4
4 · Chime Financial, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Chime (CHYM) Director Cynthia Marshall Sells 35,000 Shares
What Happened
Cynthia Marshall, a director of Chime Financial (CHYM), sold 35,000 shares on March 2, 2026. The Form 4 reports a weighted-average sale price of $22.28 per share, for gross proceeds of roughly $779,674. The sales occurred in multiple transactions at prices ranging from $21.9250 to $22.4800 per share (see footnote).
Key Details
- Transaction date: 2026-03-02 (Form 4 filed 2026-03-03). No late-filing flag in the provided data.
- Transaction type/code: Sale (open-market/private sale), Code S.
- Shares sold: 35,000; weighted-average price $22.28; price range $21.9250–$22.4800; gross proceeds ≈ $779,674.
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Notable footnotes:
- F1: Reported price is a weighted average; multiple sale prices within the stated range.
- F2: Some reported securities are restricted stock units (RSUs) — contingent rights to receive shares subject to vesting.
- F3/F4: Some shares reported are held by the reporting person’s spouse and daughter.
Context
This was a sale (liquidity event), which is common for insiders for reasons such as diversification, taxes, or cash needs; sales are less informative about company outlook than purchases. RSUs noted in the filing are conditional awards that convert to shares upon vesting; the filing does not state whether sold shares were vested shares or previously held shares. If you want, I can pull the full Form 4 text or request a breakdown of the individual trade prices.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-02$22.28/sh−35,000$779,674→ 37,795 total
- 375(indirect: See footnote)
Class A Common Stock
[F3] - 375(indirect: See footnote)
Class A Common Stock
[F4]
Footnotes (4)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.9250 to $22.4800 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separated price within the range set forth in this footnote.
- [F2]Certain of these securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
- [F3]The shares are held by the Reporting Person's spouse.
- [F4]The shares are held by the Reporting Person's daughter.