Chime Financial co-founder Ryan King sells $1.98 million in stock
Chime Financial co-founder Ryan King sold company stock worth about $1.98 million, according to an insider-trading report.
Chime Financial co-founder Ryan King has sold company stock worth about $1.98 million. The transaction was reported in an insider-trading item on.
Chime Financial is a US fintech company known for its banking-style app services. King is listed as one of the company's co-founders, which is why his share sale draws attention from investors and market watchers who track moves by executives and founders.
The available information on the transaction is limited. The number of shares sold, the price per share, and the exact dates of the sale are not included in the material, and it is not stated whether the sale was made under a pre-set trading plan. The reason for the sale and King's remaining holdings after the transaction are also unreported.
The total value of about $1.98 million is the main confirmed figure. Further details would typically appear in the regulatory filings that document insider transactions.
Source: investing.com
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