CHPT Form 144 Notice — 1,703 Shares from RSU Settlement
Rhea-AI Filing Summary
ChargePoint Holdings, Inc. (CHPT) filed a Form 144 disclosing a proposed sale of 1,703 shares of common stock on 09/23/2025 on the NYSE with an aggregate market value of $19,195.27. The shares were acquired on 09/20/2025 through settlement of vested restricted stock units issued under an S-8 registered plan; the filer received 4,742 shares in that settlement and the payment was recorded as equity compensation for services rendered on 09/20/2025. The Form 144 reports 23,353,260 shares outstanding. The filer reports nothing to report for securities sold in the past three months. Several issuer and filer identification fields in the filing are blank in the provided content.
Positive
- Planned sale fully disclosed in a Form 144, demonstrating procedural compliance with Rule 144
- Securities originated from settled RSUs under an S-8 registered plan, reflecting standard equity compensation treatment
- No sales in the prior three months reported for the account, according to the filing
Negative
- Filer and issuer identification fields are blank in the provided content and should be confirmed in the complete filing
- Aggregate market value is modest ($19,195.27) relative to total shares outstanding (23,353,260), limiting market significance
Insights
TL;DR: Small planned sale following RSU settlement; filing documents routine compliance under Rule 144.
The filing documents a proposed sale of 1,703 shares valued at $19,195.27, recorded for sale on 09/23/2025. The underlying shares were received three days earlier from the settlement of 4,742 vested RSUs under an S-8 plan on 09/20/2025 and characterized as equity compensation. No sales were reported in the prior three months. From a market-impact perspective, the position is small relative to the 23,353,260 shares outstanding, and the Form 144 appears to be a standard regulatory notice to enable the transfer of restricted shares into the public market in compliance with Rule 144.
TL;DR: Filing indicates standard executive/employee equity liquidity event; disclosures are routine but some issuer/filer fields are omitted.
The transaction described arises from equity compensation (vested RSUs) settled under an S-8 registration, a common mechanism for employee remuneration. The filer attests they possess no undisclosed material adverse information. The Form shows required transactional details but omits several identification fields for the filer and issuer in the supplied content, which are not present here; those omissions should be verified against the full filing to confirm completeness for governance records.