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ChargePoint officer to sell 1,484 shares for taxes

An officer of ChargePoint (CHPT) filed a Rule 144 notice to sell shares solely to cover taxes from recent RSU vesting, not as a discretionary trade.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ChargePoint Holdings, Inc. (CHPT) received a Rule 144 notice from officer Natella Novruzova regarding a planned sale of 1,484 shares of common stock, with an aggregate market value of $14,632.24, through E*TRADE on the NYSE on September 22, 2026. The filing explains these shares are being sold under a mandated “sell to cover” arrangement to satisfy tax withholding obligations from the September 20, 2026 vesting and settlement of 3,713 restricted stock units, and are not discretionary trades.

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Shares to be sold 1,484 shares Common stock proposed for sale under Rule 144
Aggregate market value of shares to be sold $14,632.24 Value of 1,484 CHPT shares covered by the notice
Shares outstanding 26,850,324 shares Common stock outstanding referenced with the proposed sale entry
RSUs settled 3,713 units Restricted stock units settled on September 20, 2026 as equity compensation
Planned sale date September 22, 2026 Date of proposed sale of 1,484 shares on the NYSE
RSU settlement date September 20, 2026 Date RSUs were vested and settled, triggering tax withholding
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
"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"
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.
sell to cover financial
"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.

FAQ

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

What does the Form 144 filing for CHPT disclose about Natella Novruzova?

It discloses that officer Natella Novruzova filed a Rule 144 notice to sell 1,484 shares of ChargePoint common stock, valued at $14,632.24, in connection with tax withholding on vested RSUs, characterized as non-discretionary “sell to cover” transactions.

How many CHPT shares are proposed to be sold under this Form 144?

The notice covers a proposed sale of 1,484 shares of ChargePoint Holdings, Inc. common stock, with an aggregate market value of $14,632.24, through E*TRADE on the NYSE on September 22, 2026.

Why is the CHPT officer selling shares according to the Form 144?

The filing states the sales represent shares required to be sold to cover tax withholding obligations from the vesting and settlement of restricted stock units, under the issuer’s equity incentive plans, and do not represent discretionary trades by the officer.

What RSU activity underlies the CHPT Form 144 notice?

On September 20, 2026, 3,713 restricted stock units were settled as equity compensation for services rendered under an S-8 registered equity plan, leading to tax obligations that the mandated “sell to cover” transaction is intended to satisfy.

How many CHPT shares are reported as outstanding in the Form 144?

The filing lists 26,850,324 shares of ChargePoint common stock as outstanding in connection with the proposed sale entry; this is reported as an outstanding share count, not the amount being sold.

Who is executing the CHPT share sale and on which market?

The proposed sale of 1,484 CHPT shares is to be executed through E*TRADE Financial Corporation on the NYSE, as indicated in the securities information section of the notice.

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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