ChargePoint CFO sells shares to cover taxes
ChargePoint Holdings CFO Mansi Khetani reported a mandated sale of 8,152 shares of common stock to cover tax withholding on vested restricted stock units.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
ChargePoint Holdings CFO Mansi Khetani reported a mandated sale of 8,152 shares of common stock to cover tax withholding on vested restricted stock units. The shares were sold in open-market transactions at a weighted average price of $7.135 per share under a company “sell to cover” policy, meaning the trades were not discretionary. After these transactions, Khetani directly holds 179,348 ChargePoint shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,152 | $7.135 | $58K |
Footnotes (2)
- F1. 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.
- F2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $6.8614 to $7.1612. 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.
Key Figures
Key Terms
restricted stock units financial
sell to cover financial
equity incentive plans financial
weighted average sales price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ChargePoint (CHPT) CFO Mansi Khetani report on this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.