[Form 4] ChargePoint Holdings, Inc. Insider Trading Activity
ChargePoint Holdings insider filing: CFO Mansi Khetani reported a sale of 1,302 shares of ChargePoint common stock on 09/23/2025 at a price of $11.2714 per share. The filing states the sale was a mandatory "sell-to-cover" to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units and was not a discretionary trade. After the reported transaction, the reporting person beneficially owned 134,306 shares (amounts adjusted for the 1-for-20 reverse stock split effective July 28, 2025). The filing also notes acquisition of 500 shares under the Employee Stock Purchase Plan on 09/09/2025.
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Insights
TL;DR: Routine compliance filing; sale was a mandatory sell-to-cover tied to RSU tax withholding, not an opportunistic disposition.
The Form 4 documents a common, non-discretionary internal equity mechanics action rather than an independent trading decision by management. Reporting that the sale was required to satisfy tax withholding for RSU settlement reduces potential governance concerns about insider timing. The adjustment for the 1-for-20 reverse split is properly disclosed and the inclusion of an ESPP purchase indicates ongoing participation in company equity programs. No additional governance or control changes are reported.
TL;DR: Small, routine insider sale to cover taxes; ownership remained at six-figure level after split adjustment.
The transaction size—1,302 shares sold at $11.2714—is described as sell-to-cover and tied to RSU vesting; this implies the sale was non-discretionary and executed per plan rules. Beneficial ownership after the sale is reported as 134,306 shares (post 1-for-20 reverse split adjustment). The separate note that 500 shares were acquired via the ESPP on 09/09/2025 is a minor inflow of equity. From a market-impact perspective, this filing signals routine employee-equity housekeeping rather than material insider reallocation.