ChargePoint insider sells 36,090 shares to cover RSU taxes – routine filing
ChargePoint (NYSE:CHPT) filed a routine Form 4 detailing a single insider transaction.
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Rhea-AI Filing Summary
ChargePoint (NYSE:CHPT) filed a routine Form 4 detailing a single insider transaction. On 06/23/2025, Chief Legal Officer and Corporate Secretary Rebecca Chavez sold 36,090 common shares at an average price of $0.6657 per share (≈ $24 thousand total).
The filing states the sale was automatically executed to satisfy tax-withholding obligations arising from the vesting of restricted stock units under the company’s equity incentive plan (“sell-to-cover”). The transaction was non-discretionary and represents approximately 1.4 % of her post-sale holdings, leaving her with 2,637,478 shares held directly.
No additional acquisitions, dispositions, derivative transactions, or changes in ownership structure were reported. The disclosure does not indicate any strategic or operational impact on the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 36,090 | $0.6657 | $24K |
Footnotes (1)
- 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.
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What filing did ChargePoint (CHPT) submit on June 29 2025?
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