[Form 4] ChargePoint Holdings, Inc. Insider Trading Activity
ChargePoint Holdings, Inc. (CHPT) filed a Form 4 disclosing that board member Roxanne Bowman received 254,785 Restricted Stock Units (RSUs) on 07/08/2025. Each RSU represents the contingent right to receive one share of common stock, bringing Bowman’s total beneficial ownership to 770,067 shares.
The award carries a service-based vesting condition that will be satisfied on the earlier of (i) the one-year anniversary of the grant date or (ii) the next annual shareholders’ meeting, provided Bowman remains in continuous service. The grant was recorded at a transaction price of $0, indicating it is an equity incentive rather than an open-market purchase.
No derivative transactions were reported, and there were no sales of shares. The filing reflects routine director compensation and does not, by itself, signal a material change in ChargePoint’s financial outlook or capital structure.
- Director’s stake increases to 770,067 shares, increasing alignment with shareholder interests.
- Grant is non-cash and potentially dilutive, though dilution impact is likely negligible.
Insights
TL;DR: Routine RSU grant; minimal immediate market impact.
This Form 4 shows a standard equity incentive: 254,785 RSUs granted to Director Roxanne Bowman at no cost. Vesting is time-based and aligns the director’s interests with shareholders. Because the award is not an open-market purchase, it does not convey a direct signal of personal capital commitment. The incremental dilution from this size grant is immaterial relative to ChargePoint’s outstanding share count. Overall, the disclosure is governance-related and neutral from a valuation perspective.
TL;DR: Strengthens director alignment; standard practice.
The one-year or next-AGM vesting schedule incentivizes continued board service and maintains alignment with long-term shareholder value creation. The size of the grant—while notable for an individual director—falls within typical peer compensation ranges and reflects ChargePoint’s reliance on equity to conserve cash. No red flags on compliance: the filing is timely, signed by an attorney-in-fact, and includes required explanations.