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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 919 | $6.9917 | $6K |
Footnotes (1)
- The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $6.98 to $7.00. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
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.
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 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).