ChargePoint (NYSE: CHPT) officer reports 4,832-share sale to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,832 shares ($33,754)
Net Sell
1 txn
Insider
Singh Jagdeep CA
Role
CCXO
Sold
4,832 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,832 | $6.9856 | $34K |
Holdings After Transaction:
Common Stock — 124,627 shares (Direct)
Footnotes (1)
- 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. 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
What insider transaction did ChargePoint (CHPT) report in this Form 4?
The filing reports that a ChargePoint officer sold 4,832 shares of common stock on 12/23/2025, leaving 124,627 shares owned directly afterward.
Was the ChargePoint (CHPT) insider sale a discretionary trade?
No. The filing states that the sales were mandated by the issuer’s election under its equity incentive plans and do not represent discretionary trades by the reporting person.
What additional price detail does the ChargePoint (CHPT) Form 4 provide?
The filing notes that the $6.9856 figure is a weighted average, and the shares were sold in multiple transactions between $6.98 and $7.00 per share.