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ChargePoint officer to sell 5,965 shares for tax withholding

ChargePoint officer Jagdeep Singh filed a Form 144 to sell up to 5,965 shares, solely to cover tax withholding on vested RSUs under the company’s equity incentive plan.

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Form Type
144

Rhea-AI Filing Summary

ChargePoint Holdings, Inc. (CHPT) received a Form 144 notice from officer Jagdeep Singh covering a planned sale of up to 5,965 shares of common stock through E*TRADE Financial on the NYSE. The filing lists an aggregate market value of $58,814.90 for these shares and 26,850,324 shares of common stock outstanding. The shares relate to vested RSUs issued under an S-8 registered equity plan, and the sales are required to cover tax withholding obligations via a mandated “sell to cover” mechanism, which the filer states are not discretionary trades.

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Shares to be sold 5,965 shares Common stock planned for sale under Rule 144
Aggregate market value of planned sale $58,814.90 Aggregate market value of the 5,965 shares listed for sale
Shares outstanding 26,850,324 shares ChargePoint common stock outstanding as listed in the notice
Approximate date of sale September 22, 2026 Approximate sale date for the Rule 144 transaction
RSU settlement date September 20, 2026 Vesting and settlement date for RSUs related to the sale
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.
S-8 Registered Plan regulatory
"Settlement of vested RSUs issued under an S-8 Registered Plan"
sell to cover financial
"to be funded by a "sell to cover" transaction"
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.
equity incentive plans financial
"the Issuer's election under its equity incentive plans"
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 ChargePoint (CHPT) disclose in this Form 144 filing?

The filing discloses that officer Jagdeep Singh intends to sell up to 5,965 shares of ChargePoint common stock on the NYSE, with an aggregate market value of about $58,814.90, under Rule 144 through E*TRADE Financial as broker.

Why is Jagdeep Singh selling ChargePoint (CHPT) shares according to the Form 144?

The filing states the sales are to cover tax withholding obligations arising from the vesting and settlement of restricted stock units (RSUs). The issuer uses a mandated “sell to cover” method under its equity incentive plans.

Are the planned ChargePoint (CHPT) share sales by Jagdeep Singh discretionary?

No. The remarks explain these sales are mandated by ChargePoint’s election under its equity incentive plans to satisfy tax withholding via a “sell to cover” transaction and do not represent discretionary trades by Jagdeep Singh.

How many ChargePoint (CHPT) shares are outstanding in this Form 144 notice?

The Form 144 lists 26,850,324 shares of ChargePoint common stock outstanding, providing context for the relative size of the 5,965 shares planned for sale under Rule 144.

What key dates are associated with this ChargePoint (CHPT) Form 144 filing?

The RSUs were settled on September 20, 2026, and the approximate date of sale and notice date are listed as September 22, 2026, in connection with the planned Rule 144 sale.

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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