ChargePoint (NYSE: CHPT) grants CAO 20,000 RSUs vesting over 2 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Novruzova Natella Fakhradovna reported acquisition or exercise transactions in this Form 4 filing.
ChargePoint Holdings, Inc. reported that its Chief Accounting Officer, Natella Fakhradovna Novruzova, received a grant of 20,000 restricted stock units (RSUs) of Common Stock. These RSUs are compensation-based awards with no cash paid by the insider.
The RSUs vest over a 2-year period starting on June 1, 2026. One-eighth of the award will vest on June 20, 2026, and the remaining units will vest in equal quarterly installments on March 20, June 20, September 20 and December 20, as long as she remains in continuous service on each vesting date. After this grant, she holds 31,557 shares of Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Novruzova Natella Fakhradovna
Role
CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 31,557 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 20,000 RSUs
Price per RSU: $0.0000 per share
Holdings after transaction: 31,557 shares
+2 more
5 metrics
RSU grant size
20,000 RSUs
Grant of restricted stock units to CAO
Price per RSU
$0.0000 per share
Compensation grant, not open-market purchase
Holdings after transaction
31,557 shares
Common Stock directly owned after grant
Vesting start date
June 1, 2026
Commencement of 2-year vesting period
First vesting tranche
1/8 on June 20, 2026
Initial RSU vesting event
Key Terms
restricted stock units ("RSUs"), service-based vesting requirement, continuous service, quarterly installments
4 terms
restricted stock units ("RSUs") financial
"The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock"
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 2-year period"
continuous service financial
"provided that the Reporting Person remains in continuous service on each such vesting date"
quarterly installments financial
"the remainder shall vest in equal quarterly installments thereafter, provided that the Reporting Person remains in continuous service"
FAQ
What insider transaction did ChargePoint (CHPT) report for its CAO?
ChargePoint reported that Chief Accounting Officer Natella Fakhradovna Novruzova received a grant of 20,000 restricted stock units. These RSUs are equity compensation awards, not an open-market purchase, and give her a contingent right to receive Common Stock over time.
What is the vesting schedule for the 20,000 ChargePoint (CHPT) RSUs?
The 20,000 RSUs vest over two years starting June 1, 2026. One-eighth vests on June 20, 2026, and the rest vest in equal quarterly installments on March 20, June 20, September 20 and December 20, subject to continuous service.
Does the ChargePoint (CHPT) CAO pay cash for the 20,000 RSU grant?
No cash payment is involved for the CAO in this RSU grant. The Form 4 shows a price per share of 0.0000, indicating these are stock-based compensation awards granted by ChargePoint rather than open-market purchases by the insider.