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ChargePoint officer may sell 4,302 shares for taxes

ChargePoint officer Eric Batill filed a Rule 144 for limited, mandated sell-to-cover share sales linked to RSU vesting.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ChargePoint Holdings, Inc. (CHPT) had an officer, Eric Batill, file a Rule 144 notice covering potential sales of common stock primarily tied to equity compensation. The filing indicates up to 4,302 shares may be sold, with an aggregate market value of $42,417.72, and notes recent RSU-related tax withholding transactions involving 10,782 shares through mandated "sell to cover" sales that are not discretionary trades.

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Shares to be sold under Rule 144 4,302 shares Potential sales of ChargePoint common stock indicated in the notice
Aggregate market value of shares to be sold $42,417.72 Value tied to the 4,302 shares covered by the Form 144
Shares outstanding 26,850,324 shares ChargePoint common stock outstanding referenced in the filing
RSU-related shares 10,782 shares Shares related to settlement of vested RSUs on September 20, 2026
Approximate date of sale September 22, 2026 Planned timing for potential Rule 144 sales
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"in connection with the vesting and settlement of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell to cover financial
"to be funded by a "sell to cover" transaction and do not represent"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
S-8 Registered Plan regulatory
"Settlement of vested RSUs issued under an S-8 Registered Plan"
equity incentive plans financial
"the Issuer's election under its equity incentive plans to require"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for CHPT by Eric Batill disclose?

It discloses that officer Eric Batill filed a Rule 144 notice for potential sales of ChargePoint (CHPT) common stock, including up to 4,302 shares, largely in connection with equity compensation and related tax withholding obligations.

How many ChargePoint (CHPT) shares are covered by this Form 144?

The Form 144 indicates potential sales of up to 4,302 shares of ChargePoint common stock, with an indicated aggregate market value of $42,417.72 and 26,850,324 shares outstanding referenced as context.

Are the CHPT share sales by Eric Batill discretionary trades?

No. The filing states the reported sales represent shares required to be sold to cover tax withholding obligations upon RSU vesting under the issuer’s equity incentive plans and are mandated "sell to cover" transactions, not discretionary trades by Eric Batill.

On which exchange are the CHPT shares in this Form 144 listed?

The common stock covered by the Form 144 is listed on the NYSE, with the filing describing the security as ChargePoint Holdings, Inc. common stock traded on that exchange.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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