ChargePoint (NYSE: CHPT) CRO sells shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ChargePoint Holdings, Inc. Chief Revenue Officer John David Vice reported a small mandated share sale tied to equity compensation. On March 23, 2026, he sold 1,117 shares of common stock at $5.30 per share in an open‑market transaction.
According to the footnote, the sale was required to cover tax withholding obligations from the vesting and settlement of restricted stock units under the company’s equity incentive plans and was not a discretionary trade. After this transaction, he directly holds 121,579 shares of ChargePoint common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,117 shares ($5,920)
Net Sell
1 txn
Insider
Vice John David
Role
CRO
Sold
1,117 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,117 | $5.30 | $6K |
Holdings After Transaction:
Common Stock — 121,579 shares (Direct)
Footnotes (1)
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FAQ
What did ChargePoint (CHPT) CRO John David Vice report in this Form 4?
John David Vice reported selling 1,117 ChargePoint common shares at $5.30 each. The sale covered tax withholding from vested restricted stock units and was mandated under the company’s equity plans, rather than a voluntary trading decision in the open market.
Does this ChargePoint (CHPT) insider sale represent a discretionary trade?
No, the filing’s footnote specifies the sale does not represent a discretionary trade. The shares were sold under a required “sell to cover” arrangement to fund tax withholding tied to restricted stock unit vesting within ChargePoint’s equity incentive plans.
What type of security was involved in the ChargePoint (CHPT) CRO transaction?
The transaction involved ChargePoint common stock related to the vesting and settlement of restricted stock units. While 1,117 common shares were sold at $5.30 for tax withholding, the underlying event was equity compensation vesting rather than a standalone investment decision.