Form 4: ChargePoint CCXO Sells Shares for Tax Obligations

ChargePoint Holdings, Inc.'s Chief Customer Experience Officer, Jagdeep Singh, sold 4,832 shares of common stock to cover tax withholding obligations related to RSU vesting.

Summary

• Jagdeep Singh, Chief Customer Experience Officer (CCXO) of ChargePoint Holdings, Inc. (CHPT), reported a transaction.
• The transaction involved the sale of 4,832 shares of common stock on December 23, 2025.
• The shares were sold at a weighted average price of $6.9856 per share, with prices ranging from $6.98 to $7.00.
• Following this transaction, Jagdeep Singh beneficially owns 124,627 shares of common stock.
• The sale was a 'sell to cover' transaction, mandated by the issuer's equity incentive plans to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units (RSUs).
• This sale does not represent a discretionary trade by the reporting person.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary 'sell to cover' transaction for tax purposes, which does not reflect a positive or negative outlook on the company's performance or stock price by the insider.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it reports a past or scheduled transaction.

Management Comments

• The sales reported 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.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a 'sell to cover' event. Such transactions are common in the industry when executives' restricted stock units vest, and a portion of the shares must be sold to satisfy tax liabilities. It is generally not indicative of an insider's view on the company's future performance, unlike discretionary open-market sales.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and not a signal of insider sentiment regarding the company's prospects.
• Employees: No direct impact mentioned.

Key Dates

Keywords

ChargePoint, CHPT, Insider Transaction, Form 4, Stock Sale, RSU, Tax Withholding, Jagdeep Singh, Corporate Officer