The sale was automatic to cover tax obligations from restricted stock units vesting, not a discretionary trade.
Chime Financial Inc. (NASDAQ:CHYM) President and Interim CFO Mark T. Troughton sold 26,072 shares on Aug. 17, 2026, at a weighted average price of $32.02. The transaction was non-discretionary, executed to satisfy tax withholding requirements tied to restricted stock units vesting.
Following the sale, Troughton retains 4,173,999 shares of Class A Common Stock directly, alongside derivative securities. Chime’s stock closed at $31.45 on Aug. 17, 2026, reflecting a 7% gain over the prior 12 months. The company reported $2.4 billion in trailing-twelve-month revenue and a net loss of $18.2 million.
Shares traded at $31.91 at the Aug. 18, 2026, market close, showing minimal immediate reaction to the filing.