Form 4: ChargePoint CEO Richard Wilmer Reports Tax Withholding and Stock Acquisition

CEO Richard Wilmer reports the withholding of shares for tax obligations and acquisition of shares through the Employee Stock Purchase Plan.

Summary

• Richard Wilmer, CEO of ChargePoint Holdings, Inc., filed a Form 4 on March 21, 2025.
• The report details the withholding of 29,330 common stock shares to cover income tax obligations at a price of $0.7012.
• Wilmer also acquired 10,000 shares through the Employee Stock Purchase Plan on March 7, 2025.
• Following these transactions, Wilmer beneficially owns 4,421,401 shares of ChargePoint.
• The acquisition of shares through the Employee Stock Purchase Plan was exempt under Rule 16b-3(d) and Rule 16b-3(c).

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations and employee stock purchase plan, so it doesn't significantly impact sentiment.

Positives

• The CEO's participation in the Employee Stock Purchase Plan demonstrates confidence in the company.
• The CEO's total beneficial ownership is 4,421,401 shares.

Industry Context

Form 4 filings are routine and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• Shareholders may view the CEO's participation in the Employee Stock Purchase Plan as a positive sign.

Key Dates

Keywords

Form 4, ChargePoint, Richard Wilmer, CEO, Stock, Employee Stock Purchase Plan, Tax Withholding, Beneficial Ownership