ChargePoint CEO uses 7,631 shares for tax withholding
ChargePoint Holdings, Inc. President and CEO Richard Wilmer reported a Form 4 transaction where 7,631 shares of common stock were withheld by the company at $8.31 per share.
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, Inc. President and CEO Richard Wilmer reported a Form 4 transaction where 7,631 shares of common stock were withheld by the company at $8.31 per share. These shares were used to satisfy income tax obligations related to the vesting of previously reported restricted stock units and were not sold on the open market. After this tax-withholding event, Wilmer directly holds 503,593 shares of ChargePoint common stock.
Insights
Routine tax withholding on RSU vesting; no open-market sale.
The filing shows ChargePoint President and CEO Richard Wilmer had 7,631 shares withheld at $8.31 per share to cover income tax obligations from vesting restricted stock units. This is a standard mechanism for handling taxes on equity compensation, not a discretionary market trade.
The footnote makes clear this is not a sale by the CEO, but an issuer withholding. Following the transaction, he holds 503,593 shares directly, indicating a substantial remaining equity position. As a result, the event is routine and carries limited informational value for assessing his sentiment toward the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 7,631 | $8.31 | $63K |
Footnotes (1)
- F1. This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting of previously reported restricted stock units.
Key Figures
Key Terms
restricted stock units financial
withheld by the issuer financial
income tax and withholding financial
tax-withholding disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ChargePoint (CHPT) CEO Richard Wilmer report?
Was the ChargePoint (CHPT) CEO’s Form 4 transaction an open-market stock sale?
What does transaction code "F" mean in the ChargePoint (CHPT) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.