Form 4: ChargePoint CRO Sells Shares for Tax Obligations

ChargePoint Holdings, Inc.'s Chief Revenue Officer, John David Vice, sold 919 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• John David Vice, the Chief Revenue Officer (CRO) of ChargePoint Holdings, Inc. (CHPT), reported a sale of common stock.
• The transaction occurred on December 23, 2025, involving 919 shares of ChargePoint common stock.
• The shares were sold at a weighted average price of $6.9917 per share, with individual sales ranging from $6.98 to $7.00.
• This 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.
• The transaction was not a discretionary trade by Mr. Vice.
• Following this transaction, Mr. Vice beneficially owns 122,696 shares of ChargePoint common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the reported sale is a non-discretionary 'sell to cover' transaction for tax purposes, which is a routine event for executives receiving equity compensation and does not reflect a change in management's confidence or the company's prospects.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• The sales 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 insider transaction report (Form 4) is specific to an individual's stock activity and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in insider sentiment or company fundamentals.
• Employees: No direct impact mentioned.

Key Dates

Recommendation

The sale of shares by the CRO was a non-discretionary 'sell to cover' transaction to satisfy tax withholding obligations related to restricted stock unit vesting, not an indication of a change in management's confidence or outlook. Therefore, it does not impact the fundamental investment thesis for ChargePoint Holdings, Inc., and a 'hold' recommendation remains appropriate based solely on this filing.

Keywords

ChargePoint, CHPT, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Tax Withholding, John David Vice, CRO