CHPT CCXO Jagdeep Singh Executes Sell-to-Cover for Tax Withholding
Rhea-AI Filing Summary
ChargePoint Holdings (NYSE:CHPT) filed a Form 4 reporting that Chief Commercial Officer Jagdeep Singh sold 35,070 shares of common stock on 06/23/2025 at an average price of $0.6657 per share.
The transaction was a mandatory “sell-to-cover” to satisfy tax-withholding obligations arising from the vesting of restricted stock units, as indicated in the filing’s explanatory note. It was not a discretionary trade.
After the sale, Singh still beneficially owns 2,613,290 shares of ChargePoint common stock. No derivative transactions or additional sales were reported.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 35,070 shares
Net Sell
1 txn
Insider
Singh Jagdeep CA
Role
CCXO
Sold
35,070 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 35,070 | $0.6657 | $23K |
Holdings After Transaction:
Common Stock — 2,613,290 shares (Direct)
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.
FAQ
What is Jagdeep Singh’s remaining ownership after the reported sale?
Following the sell-to-cover transaction, he beneficially owns 2,613,290 shares of CHPT.
AI-generated analysis. How Rhea-AI works. Not financial advice.