ChargePoint Holdings (NYSE: CHPT) awards new RSUs to director
Rhea-AI Filing Summary
Heystee Susan reported acquisition or exercise transactions in this Form 4 filing.
ChargePoint Holdings, Inc. director Susan Heystee received two equity awards of Common Stock on July 21, 2026: 18,370 and 6,680 Restricted Stock Units, each representing a contingent right to one share upon vesting. One grant vests fully on the earlier of the one-year anniversary or the next annual stockholders’ meeting; the other vests in four equal quarterly installments over the same period, in each case subject to continuous service. A prior 1-for-20 reverse stock split effective July 28, 2025 means reported amounts are adjusted. She is also reported as indirectly holding 625 shares through CHELST Irrevocable Trust, which she may be deemed to beneficially own.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 25,050 shares
Net Buy
3 txns
Insider
Heystee Susan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 18,370 | $0.00 | $0.00 |
| Grant/Award | Common Stock F3 | 6,680 | $0.00 | $0.00 |
| holding | Common Stock F2, F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 45,945 shares (Direct);
Common Stock — 625 shares (Indirect, By trust)
Footnotes (4)
- F1. The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied in full on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continuous service with the Issuer through such date.
- F2. Effective July 28, 2025, the Issuer effected a 1-for-20 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of the securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.
- F3. The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement which shall vest in four equal quarterly installments with the final installment vesting on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continuous service with the Issuer through such date.
- F4. The shares are held by CHELST Irrevocable Trust. The Reporting Person may be deemed to beneficially own the shares held by the Trust.
Key Figures
RSU grant 1: 18,370 shares
RSU grant 2: 6,680 shares
Reverse stock split ratio: 1-for-20
+1 more
4 metrics
RSU grant 1
18,370 shares
Restricted Stock Units granted on 2026-07-21; vests in full after one year or next annual meeting
RSU grant 2
6,680 shares
Restricted Stock Units granted on 2026-07-21; vest in four equal quarterly installments over about one year
Reverse stock split ratio
1-for-20
Reverse stock split of Common Stock effective July 28, 2025; award amounts adjusted accordingly
Indirectly held shares
625 shares
Common Stock held by CHELST Irrevocable Trust, which the reporting person may be deemed to beneficially own
Key Terms
Restricted Stock Units ("RSUs"), service-based vesting requirement, reverse stock split, beneficially own, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
service-based vesting requirement financial
"The RSUs are subject to a service-based vesting requirement, which shall be satisfied in full"
reverse stock split financial
"Effective July 28, 2025, the Issuer effected a 1-for-20 reverse stock split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
beneficially own financial
"The Reporting Person may be deemed to beneficially own the shares held by the Trust."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Irrevocable Trust financial
"The shares are held by CHELST Irrevocable Trust. The Reporting Person may be deemed"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did ChargePoint (CHPT) director Susan Heystee receive on July 21, 2026?
Susan Heystee received two grants of Restricted Stock Units (RSUs) in ChargePoint common stock, covering 18,370 and 6,680 units. Each RSU represents a contingent right to receive one share of Common Stock when the applicable vesting conditions are satisfied.
What are the vesting terms for Susan Heystee’s larger RSU grant at ChargePoint (CHPT)?
The 18,370 RSU grant has a service-based vesting requirement that is satisfied in full on the earlier of the one-year anniversary of the grant date or the next annual stockholders’ meeting, assuming Susan Heystee continues serving with ChargePoint through that date.
How do the 6,680 RSUs granted to Susan Heystee by ChargePoint (CHPT) vest?
The 6,680 RSUs are subject to a service-based vesting requirement in four equal quarterly installments. The final installment vests on the earlier of the one-year anniversary of the grant date or the next annual stockholders’ meeting, contingent on continuous service.
How does ChargePoint’s reverse stock split affect the amounts reported for Susan Heystee?
ChargePoint effected a 1-for-20 reverse stock split of its common stock effective July 28, 2025. The share and unit amounts reported for Susan Heystee are explicitly adjusted to reflect this split, so no further adjustment is needed to interpret these figures.
What indirect holdings of ChargePoint (CHPT) stock are associated with Susan Heystee?
An indirect holding of 625 ChargePoint common shares is reported as held by the CHELST Irrevocable Trust. Susan Heystee may be deemed to beneficially own the shares held by this trust, according to the disclosure’s ownership footnote.
Are Susan Heystee’s ChargePoint (CHPT) equity awards described as made under a Rule 10b5-1 plan?
The disclosure indicates the Rule 10b5-1 checkbox is not marked as adopted for these transactions. As a result, the reported RSU grants are not described as having been made pursuant to a Rule 10b5-1 trading plan.