ChargePoint (NYSE: CHPT) General Counsel sells shares to cover RSU taxes
Rhea-AI Filing Summary
ChargePoint Holdings reported an insider stock sale by its General Counsel on a Form 4. On 12/23/2025, the officer sold 2,976 shares of common stock at a weighted average price of $6.984 per share, with individual trades occurring between $6.98 and $7.00. After this transaction, the reporting person directly owned 81,305 shares of ChargePoint common stock.
The company explains that these sales were made solely to cover tax withholding obligations tied to the vesting and settlement of restricted stock units under its equity incentive plans. The trades were conducted as mandatory “sell to cover” transactions and are described as non-discretionary on the part of the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,976 | $6.984 | $21K |
Footnotes (1)
- 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. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $6.98 to $7.00. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
FAQ
What insider transaction did ChargePoint (CHPT) report in this Form 4?
The filing shows that ChargePoint’s General Counsel sold 2,976 shares of common stock on 12/23/2025 in a transaction reported on Form 4.
Were the ChargePoint (CHPT) insider sales discretionary trades?
No. The sales are described as mandated by the issuer’s election for a “sell to cover” arrangement and are stated to not represent discretionary trades by the reporting person.
What additional pricing details did the ChargePoint (CHPT) insider provide?
The filing notes that the reporting person will provide, upon request, full information on the number of shares sold at each separate price within the $6.98 to $7.00 range.