ChargePoint (NYSE: CHPT) CAO reports 11,557 RSUs in initial Form 3 filing
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ChargePoint Holdings, Inc. filed an initial ownership report for CAO Natella Fakhradovna Novruzova. The filing shows beneficial ownership of 11,557 restricted stock units (RSUs), each representing one share of common stock. These RSUs vest in quarterly installments through March 20, 2029, contingent on her continuous service with the company. As a Form 3, this report establishes her starting equity position rather than detailing any recent stock purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Novruzova Natella Fakhradovna
Role
CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,557 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs held: 11,557 RSUs
Vesting end date: March 20, 2029
2 metrics
RSUs held
11,557 RSUs
Total restricted stock units reported as of Form 3 date
Vesting end date
March 20, 2029
RSUs vest quarterly through this date, subject to service
Key Terms
restricted stock units ("RSUs"), service-based vesting, continuous service, Form 3
4 terms
restricted stock units ("RSUs") financial
"Reported shares are restricted stock units ("RSUs"), each representing the right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
service-based vesting financial
"The RSUs are subject to a service-based vesting requirement, which shall be satisfied in quarterly installments"
continuous service financial
"subject to Reporting Person's continuous service with the issuer through each such date"
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What does the Natella Novruzova Form 3 filing for ChargePoint (CHPT) show?
The Form 3 shows CAO Natella Novruzova holds 11,557 restricted stock units in ChargePoint. Each RSU represents one share of common stock that will vest over time, establishing her initial reportable ownership position as an officer.
Are there any stock purchases or sales reported in the ChargePoint (CHPT) Form 3?
No stock purchases or sales are reported in this Form 3 for ChargePoint. It only discloses Natella Novruzova’s existing holdings of 11,557 restricted stock units as her initial ownership statement as a company officer.
How do Natella Novruzova’s RSUs vest at ChargePoint (CHPT)?
Her 11,557 restricted stock units vest in quarterly installments through March 20, 2029. Vesting is subject to a service-based requirement, meaning she must remain continuously employed by ChargePoint for the RSUs to continue vesting on each scheduled date.
What is the security reported in the ChargePoint (CHPT) Form 3?
The security reported is ChargePoint common stock represented by 11,557 restricted stock units. Each RSU gives the right to receive one share of common stock upon vesting, aligning the CAO’s compensation with long-term shareholder interests.
Why is ChargePoint (CHPT) filing a Form 3 for its CAO?
Form 3 is required when someone becomes an officer, director, or significant owner in a public company. ChargePoint filed this Form 3 to disclose CAO Natella Novruzova’s initial beneficial ownership of 11,557 restricted stock units in compliance with SEC rules.