ChargePoint (CHPT) CFO sells 2,311 shares in tax-related transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ChargePoint Holdings, Inc. CFO Mansi Khetani reported the sale of 2,311 shares of common stock at $5.30 per share. According to the disclosure, these shares were sold solely to cover tax withholding obligations tied to the vesting of restricted stock units under the company’s equity incentive plans and were not discretionary trades. After this transaction, Khetani directly holds 128,500 shares, which includes 448 shares acquired through the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,311 shares ($12,248)
Net Sell
1 txn
Insider
Khetani Mansi
Role
CFO
Sold
2,311 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,311 | $5.30 | $12K |
Holdings After Transaction:
Common Stock — 128,500 shares (Direct)
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. Includes 448 shares acquired under the Issuer's Employee Stock Purchase Plan on March 9, 2026, in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
FAQ
What insider transaction did ChargePoint (CHPT) disclose for CFO Mansi Khetani?
ChargePoint disclosed that CFO Mansi Khetani sold 2,311 shares of common stock at $5.30 per share. The filing states this was to cover tax withholding obligations related to restricted stock unit vesting, rather than a discretionary stock sale.