Chime Financial director Shawn T. Carolan sold 579,313 shares of Class A Common Stock. These transactions totaled approximately $19.2 million. A regulatory filing disclosed the sales on September 15, 2026.
The sales occurred on September 10 and 11. Carolan executed the trades indirectly through managed entities. Weighted average prices for the shares ranged from $33.0549 to $33.2051.
Chime’s stock price has increased 65% over the past six months. The shares currently trade near a 52-week high.
The large insider sale draws scrutiny regarding leadership's confidence in the company’s outlook. Market participants are evaluating the move as the stock trades at high valuation multiples.