ChargePoint CEO Maintains Strong Position with Nearly 10M Shares Despite Tax Withholding
Rhea-AI Filing Summary
ChargePoint Holdings reported insider trading activity on Form 4 for President and CEO Richard Wilmer on June 28, 2025. The transaction involved the withholding of 55,460 shares of common stock at a price of $0.6866 per share on June 20, 2025.
Key details:
- Transaction was not a direct sale but represents shares withheld for tax obligations related to vesting of restricted stock units
- Following the transaction, Wilmer maintains direct beneficial ownership of 9,928,441 shares
- The reporting person serves as both Director and President/CEO of ChargePoint
- Transaction was executed under transaction code 'F' indicating payment of exercise price or tax withholding
The filing was signed by Attorney-in-Fact Natella Novruzova on June 24, 2025. This transaction appears to be a routine withholding of shares for tax purposes rather than a discretionary sale by the insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 55,460 shares
Net Sell
1 txn
Insider
Wilmer Richard
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 55,460 | $0.6866 | $38K |
Holdings After Transaction:
Common Stock — 9,928,441 shares (Direct)
Footnotes (1)
- F1. This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting of previously reported restricted stock units.
FAQ
What is CHPT CEO Richard Wilmer's total stock ownership after the June 2025 transaction?
Following the reported transaction, CEO Richard Wilmer directly owned 9,928,441 shares of ChargePoint (CHPT) common stock. This ownership is listed as Direct (D) ownership in the Form 4 filing.
What positions does Richard Wilmer hold at ChargePoint (CHPT)?
According to the Form 4 filing, Richard Wilmer serves as both President and CEO of ChargePoint Holdings, Inc. (CHPT) and is also a member of the company's Board of Directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.