ChargePoint (CHPT) CRO executes 919-share sale to cover RSU taxes
Rhea-AI Filing Summary
ChargePoint Holdings, Inc. reported that its Chief Revenue Officer (CRO), a company officer, sold a small number of shares of common stock in a transaction dated 12/23/2025. The filing shows a sale of 919 shares at a weighted average price of $6.9917 per share, leaving the officer with 122,696 shares beneficially owned directly after the transaction.
According to the explanation, these shares were sold solely to cover tax withholding obligations arising from the vesting and settlement of restricted stock units under the company’s equity incentive plans. The sales were executed under a mandatory “sell to cover” election by the issuer and are described as non‑discretionary for the reporting person. The price reflects multiple trades within a narrow range of $6.98 to $7.00 per share.
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FAQ
What insider transaction did ChargePoint (CHPT) disclose in this Form 4?
The filing reports that an officer serving as CRO of ChargePoint Holdings, Inc. sold 919 shares of common stock on 12/23/2025 at a weighted average price of $6.9917 per share.
Why did the ChargePoint (CHPT) CRO sell 919 shares of stock?
The filing explains that the shares were sold to cover tax withholding obligations related to the vesting and settlement of restricted stock units, under a mandatory “sell to cover” election in the company’s equity incentive plans.
Were the ChargePoint (CHPT) insider sales discretionary trades?
No. The filing states that these sales were mandated by the issuer’s election to satisfy tax withholding through a “sell to cover” transaction and do not represent discretionary trades by the reporting person.
What is the remaining ChargePoint (CHPT) shareholding of the reporting officer after this sale?
After selling 919 shares, the officer beneficially owns 122,696 shares of ChargePoint common stock in direct ownership.
What price range did the ChargePoint (CHPT) insider sale occur at?
The weighted average sale price was $6.9917 per share, with individual trades executed at prices ranging from $6.98 to $7.00 per share.
What role does the reporting person hold at ChargePoint (CHPT)?
The reporting person is identified as an officer of ChargePoint Holdings, Inc., with the title CRO (Chief Revenue Officer).