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.
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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.
What price did the ChargePoint (CHPT) insider receive for the shares sold?
The weighted average sales price was $6.984 per share, with individual trades executed at prices ranging from $6.98 to $7.00 per share.
Why did the ChargePoint (CHPT) General Counsel sell 2,976 shares?
The filing states the shares were sold to cover tax withholding obligations arising from the vesting and settlement of restricted stock units under ChargePoint’s equity incentive plans.
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.
How many ChargePoint (CHPT) shares does the insider own after the transaction?
After the reported sale, the General Counsel beneficially owned 81,305 shares of ChargePoint common stock in direct ownership.
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.