STOCK TITAN

ChargePoint (NYSE: CHPT) removes expiration on CEO severance deal

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

ChargePoint Holdings, Inc. updated its CEO employment protections. On June 29, 2026, the company entered into a first amendment to the existing Severance and Change in Control Agreement with Chief Executive Officer Richard (Rick) Wilmer.

The amendment removes the prior December 31, 2026 termination date, so the agreement will now remain in effect until Mr. Wilmer’s separation from the company. The full amendment is filed as Exhibit 10.1 and is incorporated by reference.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Severance and Change in Control Agreement financial
"the Severance and Change in Control Agreement, dated November 15, 2023"
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Form 8-K regulatory
"FORM 8-K Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934"
A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.
change in control financial
"First Amendment to Severance and Change in Control Agreement"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

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

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FAQ

What did ChargePoint (CHPT) change in its CEO agreement?

ChargePoint amended CEO Richard Wilmer’s Severance and Change in Control Agreement to remove its December 31, 2026 expiration date. The agreement will now continue in effect until his separation from the company, maintaining his existing severance and change-in-control protections.

When did ChargePoint (CHPT) approve the amendment for its CEO?

ChargePoint entered into the first amendment to CEO Richard Wilmer’s Severance and Change in Control Agreement on June 29, 2026. The change was disclosed in a Form 8-K, which explains the revised term of the agreement and includes the amendment as an exhibit.

How long will ChargePoint’s CEO change-in-control agreement now last?

The Severance and Change in Control Agreement for ChargePoint CEO Richard Wilmer will now continue until his separation from the company. Previously, it was scheduled to expire on December 31, 2026, but that fixed termination date has been removed by the new amendment.

Where can investors see the full text of ChargePoint’s CEO amendment?

The complete first amendment to ChargePoint CEO Richard Wilmer’s Severance and Change in Control Agreement is filed as Exhibit 10.1 to the Form 8-K. It is incorporated by reference and available through the company’s SEC filings for detailed review.

Does the ChargePoint (CHPT) 8-K involve financial results or earnings?

No. This ChargePoint Form 8-K focuses on a governance and compensation matter for CEO Richard Wilmer. It only covers the amendment to his Severance and Change in Control Agreement and does not include revenue, earnings, or other operating performance data.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date Earliest Event Reported): June 29, 2026
  
ChargePoint Holdings, Inc.
(Exact name of registrant as specified in its charter) 
  
Delaware 001-39004 84-1747686
(State or Other Jurisdiction
of Incorporation)
 (Commission
File Number)
 (IRS Employer
Identification No.)
240 East Hacienda Avenue
Campbell, CA
 95008
(Address of Principal Executive Offices) (Zip Code)
(408841-4500
(Registrant’s telephone number, including area code)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading
Symbol(s)
 Name of each exchange
on which registered
Common Stock, par value $0.0001 CHPT New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐




Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 29, 2026, ChargePoint Holdings, Inc. (the “Company”) entered into the first amendment (the “Amendment”) to the Severance and Change in Control Agreement, dated November 15, 2023 (the “CIC Agreement”), with Richard Wilmer, the Company’s Chief Executive Officer. The Amendment removes the scheduled termination date of the CIC Agreement, which was scheduled to expire on December 31, 2026, with the CIC Agreement now continuing until Mr. Wilmer’s separation from the Company. The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, which its attached hereto as Exhibits 10.1 and is incorporated herein by reference.

Item 9.01.    Financial Statements and Exhibits.
(d) Exhibits
 
Exhibit No. Description of Exhibit
10.1 
First Amendment to Severance and Change in Control Agreement, between ChargePoint Holdings, Inc. and Rick Wilmer, dated June 29, 2026.
104Cover Page Interactive Data File (embedded within the Inline XBRL document)




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
CHARGEPOINT HOLDINGS, INC.
By: 
/s/ Mansi Khetani
 
Name: Mansi Khetani
 Title: Chief Financial Officer
Date: June 30, 2026

Filing Exhibits & Attachments

4 documents