ChargePoint (NYSE: CHPT) CRO receives 54,000-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vice John David reported acquisition or exercise transactions in this Form 4 filing.
ChargePoint Holdings’ CRO John David Vice reported an equity compensation grant. He received 54,000 shares of Common Stock in the form of restricted stock units at no purchase price. These RSUs vest over a 3-year period starting on June 1, 2026, subject to continued service.
According to the vesting schedule, 1/12 of the RSUs vests on June 20, 2026, with the remainder vesting in equal quarterly installments on March 20, June 20, September 20 and December 20 thereafter, as long as he remains in continuous service. After this grant, he directly holds 175,579 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vice John David
Role
CRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 54,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 175,579 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 54,000 shares
Grant price per share: $0.0000 per share
Shares after transaction: 175,579 shares
+1 more
4 metrics
RSU grant size
54,000 shares
Restricted stock units of Common Stock granted to CRO
Grant price per share
$0.0000 per share
RSUs awarded as equity compensation, no purchase price
Shares after transaction
175,579 shares
Total Common Stock directly held by CRO after grant
Vesting period
3 years
Service-based vesting starting June 1, 2026
Key Terms
restricted stock units ("RSUs"), service-based vesting requirement, continuous service
3 terms
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent 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 requirement financial
"The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 3-year period"
continuous service financial
"provided that the Reporting Person remains in continuous service on each such vesting date"
FAQ
What insider transaction did ChargePoint (CHPT) report for CRO John David Vice?
ChargePoint reported that CRO John David Vice received a grant of 54,000 restricted stock units of Common Stock as equity compensation. The units are awarded at no purchase price and will convert into shares as they vest over time.
What is the vesting schedule for the 54,000 RSUs granted by ChargePoint (CHPT)?
The 54,000 restricted stock units vest over three years beginning June 1, 2026. One-twelfth vests on June 20, 2026, and the remaining RSUs vest in equal quarterly installments on March 20, June 20, September 20 and December 20, subject to continued service.
Does the ChargePoint (CHPT) CRO pay anything for the 54,000 RSU award?
The filing shows a transaction price of $0.0000 per share for the 54,000 RSUs, indicating they are an equity compensation grant. He is not buying shares on the open market; instead, shares are earned as vesting requirements are satisfied.
Are the new ChargePoint (CHPT) RSUs for the CRO tied to ongoing employment?
Yes. The RSUs are subject to a service-based vesting requirement over three years, beginning June 1, 2026. Vesting occurs only if John David Vice remains in continuous service with ChargePoint on each specified quarterly vesting date.