Form 4: ChargePoint CEO's Stock Holdings Adjusted for Tax Obligations

ChargePoint Holdings, Inc. President and CEO, Richard Wilmer, had 55,460 shares of common stock withheld by the company to cover tax obligations related to the vesting of restricted stock units.

Summary

• Richard Wilmer, President and CEO, and a Director of ChargePoint Holdings, Inc. (CHPT), reported a change in his beneficial ownership.
• On June 20, 2025, 55,460 shares of ChargePoint common stock were withheld by the issuer.
• This withholding was to satisfy income tax and withholding/remittance obligations associated with the vesting of previously reported restricted stock units.
• The shares were valued at $0.6866 for the purpose of this transaction.
• Following this transaction, Richard Wilmer beneficially owns 9,928,441 shares of common stock directly.

Sentiment

Score: 5

Explanation: The document reports a routine, non-discretionary transaction (shares withheld for tax) related to executive compensation, which is neutral in terms of company performance or outlook.

Future Outlook

This document does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, which is common across all industries, including the electric vehicle charging sector where ChargePoint operates. It does not provide specific insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a sale initiated by the executive. It slightly reduces the executive's direct share count but is part of standard compensation practices.

Key Dates

Keywords

ChargePoint Holdings, CHPT, Richard Wilmer, SEC Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Tax Obligations, Executive Compensation, Electric Vehicle Charging