ChargePoint officer sells 4,832 shares in tax-related stock sale
ChargePoint Holdings, Inc. officer (title listed as CCXO) reported an automatic sale of company stock.
Rhea-AI Filing Summary
ChargePoint Holdings, Inc. officer (title listed as CCXO) reported an automatic sale of company stock. On 12/23/2025, the reporting person sold 4,832 shares of common stock at a weighted average price of $6.9856 per share. After this transaction, the reporting person directly held 124,627 shares of ChargePoint common stock.
According to the explanation, the sale was made solely to cover tax withholding obligations that arose when restricted stock units vested and settled. The company’s equity incentive plans require these tax obligations to be satisfied through a mandated “sell to cover” transaction, meaning the sale was not a discretionary trade by the insider.
Positive
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Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,832 | $6.9856 | $34K |
Footnotes (2)
- 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.
- F2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $6.98 to $7.00. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
FAQ
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What insider transaction did ChargePoint (CHPT) report in this Form 4?
Was the ChargePoint (CHPT) insider sale a discretionary trade?
What additional price detail does the ChargePoint (CHPT) Form 4 provide?
AI-generated analysis. How Rhea-AI works. Not financial advice.