Tax withholding reduces ChargePoint (CHPT) CEO’s reported holdings to 464,377 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ChargePoint Holdings, Inc. President and CEO Richard Wilmer reported a Form 4 showing a tax-related share withholding, not an open-market sale. On this date, 8,151 shares of common stock were withheld by the company at $5.40 per share to cover income tax obligations tied to previously vested restricted stock units. Following this withholding, Wilmer directly owned 464,377 shares, which the filing notes includes 500 shares acquired under the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wilmer Richard
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,151 | $5.40 | $44K |
Holdings After Transaction:
Common Stock — 464,377 shares (Direct)
Footnotes (1)
- This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting of previously reported restricted stock units. Includes 500 shares acquired under the issuer's Employee Stock Purchase Plan on March 9, 2026, in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
FAQ
What insider transaction did ChargePoint (CHPT) report for CEO Richard Wilmer?
ChargePoint reported that CEO Richard Wilmer had 8,151 common shares withheld to cover tax obligations from vested restricted stock units. This was recorded on a Form 4 as a tax-withholding disposition, not an open-market trade or discretionary sale of shares.