ChargePoint Insider Sells 35,070 Shares to Cover Taxes, Retains 2.6 M
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 35,070 | $0.6657 | $23K |
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
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What is Jagdeep Singh’s remaining ownership after the reported sale?
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