ChargePoint CFO Sells 26.8K Shares to Cover Taxes; Holds 2.7M
ChargePoint (NYSE: CHPT) filed a Form 4 disclosing that CFO Mansi Khetani automatically sold 26,798 common shares on 06/23/2025 at an average price of $0.6657 per share.
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Rhea-AI Filing Summary
ChargePoint (NYSE: CHPT) filed a Form 4 disclosing that CFO Mansi Khetani automatically sold 26,798 common shares on 06/23/2025 at an average price of $0.6657 per share. The sale was executed solely to satisfy tax-withholding obligations triggered by the vesting of restricted stock units and was carried out under the company’s mandatory sell-to-cover program, indicating it was not a discretionary trade.
After the transaction, Khetani continues to beneficially own 2,702,180 shares of ChargePoint common stock. No other purchases, sales, or derivative transactions were reported, and there were no changes to her indirect holdings. The Form 4 contains no additional material disclosures or strategic implications for the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 26,798 | $0.6657 | $18K |
Footnotes (1)
- F1. 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.
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What insider transaction did CHPT report on June 29, 2025?
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