ChargePoint Holdings (NYSE: CHPT) director receives new RSU grants and reports trust shares
Rhea-AI Filing Summary
WAGONER G RICHARD JR reported acquisition or exercise transactions in this Form 4 filing.
ChargePoint Holdings director G. Richard Wagoner Jr. received two equity awards on July 21, 2026: 18,370 Restricted Stock Units (RSUs) that vest in full on the earlier of the one-year anniversary of grant or the next annual meeting, and 6,680 RSUs vesting in four equal quarterly installments on a similar schedule, all subject to continuous service. He also reports 3,470 common shares held indirectly through the G. Richard Wagoner, Jr. Trust, of which he is trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25,050 shares
Net Buy
3 txns
Insider
WAGONER G RICHARD JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 18,370 | $0.00 | $0.00 |
| Grant/Award | Common Stock F3 | 6,680 | $0.00 | $0.00 |
| holding | Common Stock F2, F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 46,462 shares (Direct);
Common Stock — 3,470 shares (Indirect, By trust)
Footnotes (4)
- F1. The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied in full on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continuous service with the Issuer through such date.
- F2. Effective July 28, 2025, the Issuer effected a 1-for-20 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of the securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.
- F3. The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement which shall vest in four equal quarterly installments with the final installment vesting on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continuous service with the Issuer through such date.
- F4. The shares are held by the G. Richard Wagoner, Jr. Trust dated 7/13/1989 (the "Trust"), as amended and restated 10/19/2018 of which the Reporting Person is trustee.
Key Figures
RSU grant size: 18,370 units
Additional RSU grant size: 6,680 units
Indirect common shares: 3,470 shares
+2 more
5 metrics
RSU grant size
18,370 units
Restricted Stock Units granted to G. Richard Wagoner Jr. on July 21, 2026, vesting in full after one year or at the next annual meeting
Additional RSU grant size
6,680 units
Restricted Stock Units granted to G. Richard Wagoner Jr. on July 21, 2026, vesting in four equal quarterly installments
Indirect common shares
3,470 shares
Common stock held indirectly by the G. Richard Wagoner, Jr. Trust after the reported transactions
Grant price per share
$0.0000
Per-share price reported for Common Stock acquired via RSU grants to G. Richard Wagoner Jr.
Reverse stock split ratio
1-for-20
Reverse stock split of ChargePoint common stock effective July 28, 2025; share amounts adjusted accordingly
Key Terms
Restricted Stock Units, service-based vesting requirement, reverse stock split, continuous service, +1 more
5 terms
Restricted Stock Units financial
"The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
service-based vesting requirement financial
"The RSUs are subject to a service-based vesting requirement, which shall be satisfied in full"
reverse stock split financial
"the Issuer effected a 1-for-20 reverse stock split of its common stock"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer through such date"
trustee financial
"of which the Reporting Person is trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What equity awards did CHPT director G. Richard Wagoner Jr. receive?
G. Richard Wagoner Jr. received two Restricted Stock Unit (RSU) grants: one for 18,370 RSUs and another for 6,680 RSUs. Each RSU represents a contingent right to receive one share of ChargePoint Holdings common stock, subject to service-based vesting.
How do the new RSU grants for CHPT vest over time?
One RSU grant of 18,370 units vests in full on the earlier of the one-year anniversary of the grant date or the next annual stockholders’ meeting. The 6,680-unit grant vests in four equal quarterly installments on the same earlier-of schedule, contingent on continuous service.
Are the RSU awards to CHPT director Wagoner tied to any performance conditions?
The reported 18,370 and 6,680 RSU awards are subject to a service-based vesting requirement only. Vesting depends on Wagoner’s continuous service with ChargePoint Holdings through the specified dates, not on financial or stock-price performance targets.
How was ChargePoint’s reverse stock split reflected in Wagoner’s CHPT holdings?
The amounts in Wagoner’s report reflect a 1-for-20 reverse stock split of ChargePoint’s common stock that became effective on July 28, 2025. All share counts in the disclosure, including RSUs and trust holdings, have been adjusted to account for this split.
AI-generated analysis. How Rhea-AI works. Not financial advice.
