Form 4: ChargePoint CFO Sells Shares to Cover Tax Obligations

ChargePoint Holdings, Inc. CFO Mansi Khetani sold 26,798 shares of common stock on June 23, 2025, to satisfy tax withholding obligations related to restricted stock unit vesting.

Summary

• ChargePoint Holdings, Inc. (CHPT) Chief Financial Officer (CFO) Mansi Khetani reported the sale of 26,798 shares of common stock.
• The transaction occurred on June 23, 2025, with shares sold at a price of $0.6657 per share.
• Following this transaction, Ms. Khetani's beneficial ownership stands at 2,702,180 shares of common stock.
• The sale was a 'sell to cover' transaction, mandated by ChargePoint's equity incentive plans to fulfill tax withholding obligations associated with the vesting and settlement of restricted stock units, and was not a discretionary trade by the Reporting Person.

Sentiment

Score: 5

Explanation: The transaction is a non-discretionary 'sell to cover' sale for tax withholding purposes related to RSU vesting, which is a routine event and does not reflect a change in management's sentiment or outlook on the company.

Future Outlook

NA

Management Comments

• 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.

Industry Context

NA

Stakeholder Impact

• The sale is a routine 'sell to cover' transaction for tax purposes and is unlikely to have a significant direct impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

ChargePoint, CHPT, Mansi Khetani, CFO, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, RSU, Tax Withholding