CHPT Form 144 Filed: Insider RSU Settlement and Proposed Sale Details
Rhea-AI Filing Summary
ChargePoint Holdings, Inc. (CHPT) filed a Form 144 reporting a proposed sale of 1,302 shares of common stock on the NYSE through E*TRADE with an aggregate market value of $14,675.42, with an approximate sale date of 09/23/2025. The filing lists total shares outstanding of 23,353,260.
The filer states the shares were acquired on 09/20/2025 as settlement of 3,623 vested RSUs issued under an S-8 registered plan, paid as equity compensation. The form indicates no securities were sold by the filer in the past three months and includes the standard signer representation about material nonpublic information.
Positive
- Disclosure provided of proposed sale and acquisition details, including exact share counts and aggregate market value
- Shares originated from RSU settlement under an S-8 registered plan, indicating equity compensation rather than an outside purchase
- No securities sold in the past three months reported, simplifying aggregation considerations under Rule 144
Negative
- None.
Insights
TL;DR This is a routine insider sale filing showing RSU settlement and a small proposed market disposal; no past three-month sales reported.
The filing discloses a proposed sale of 1,302 shares valued at $14,675.42, sourced from RSU settlement three days earlier. The transaction appears administrative in nature: the acquired RSUs were issued under an S-8 plan and paid as equity compensation. The size of the proposed sale relative to outstanding shares (~0.0056%) is small based on disclosed figures, and the filer certifies no undisclosed material information. For investors, this is a compliance disclosure rather than a material corporate development.
TL;DR The Form 144 documents standard reporting compliance for insider equity compensation and proposed sale; it raises no governance red flags on its face.
The record shows timely reporting of a proposed sale of shares acquired via vested RSUs under an S-8 registration, with the filer affirming no undisclosed material information. The absence of other sales in the prior three months and the small aggregate value suggest routine liquidity by the insider rather than a significant governance or control change. The filing contains the required signatures and legal attestations.