ChargePoint (NYSE: CHPT) director gets new restricted stock unit grants
Rhea-AI Filing Summary
ChargePoint Holdings, Inc. director Harries Axel received two equity compensation awards on July 21, 2026, reported as acquisitions of common stock through restricted stock units (RSUs). One grant covers 18,370 RSUs with service-based vesting on the earlier of one year from grant or the next annual stockholders meeting.
A second grant covers 6,680 RSUs that vest in four equal quarterly installments, with final vesting on the earlier of one year from grant or the next annual meeting, subject to continued service. The reported amounts reflect a previously effected 1-for-20 reverse stock split of ChargePoint’s common stock.
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Insider Trade Summary
Net Buyer: 25,050 shares
Net Buy
2 txns
Insider
Harries Axel
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 |
Holdings After Transaction:
Common Stock — 46,425 shares (Direct)
Footnotes (3)
- 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.
Key Figures
RSU grant 1: 18,370 shares
RSU grant 2: 6,680 shares
Grant price: $0.0000 per share
+1 more
4 metrics
RSU grant 1
18,370 shares
Restricted Stock Units granted to director on July 21, 2026; cliff vesting after one year or next annual meeting
RSU grant 2
6,680 shares
Restricted Stock Units granted to director on July 21, 2026; vesting in four equal quarterly installments
Grant price
$0.0000 per share
Reported price per share for both RSU-related common stock acquisitions
Reverse stock split ratio
1-for-20
Reverse split of common stock effective July 28, 2025; RSU amounts adjusted accordingly
Key Terms
Restricted Stock Units, service-based vesting requirement, reverse stock split
3 terms
Restricted Stock Units financial
"The Reporting Person was granted Restricted Stock Units (RSUs) which represent a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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 of its common stock"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CHPT director Harries Axel report on July 21, 2026?
Harries Axel reported two equity awards, both in the form of restricted stock units. One grant covers 18,370 RSUs with cliff vesting, and a second grant covers 6,680 RSUs vesting in four quarterly installments, each tied to continued service with ChargePoint.
What are the vesting terms of Harries Axel's new CHPT restricted stock units?
One grant of 18,370 RSUs vests fully on the earlier of one year from grant or the next annual meeting, subject to continued service. The 6,680-unit grant vests in four equal quarterly installments under similar one-year or next-meeting timing conditions.
Were Harries Axel's CHPT transactions open-market stock purchases?
No. The transactions are equity compensation grants of restricted stock units at a reported price of $0.0000 per share. They represent contingent rights to receive common stock upon vesting, not cash purchases or sales on the open market.
How does ChargePoint's 1-for-20 reverse stock split affect Harries Axel's reported CHPT awards?
A July 28, 2025 1-for-20 reverse stock split reduced the number of shares represented by each prior holding. The amounts in Harries Axel’s current RSU awards have been adjusted so the reported share counts already reflect this reverse split ratio.