Form 4: ChargePoint Director Mark Leschly Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Mark Leschly reports acquisition and disposition of ChargePoint Holdings, Inc. common stock and restricted stock units.

Summary

  • Mark Leschly, a director of ChargePoint Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On July 9, 2024, Leschly acquired 115,552 shares of common stock through restricted stock units (RSUs).
  • These RSUs vest fully on the earlier of July 9, 2025, or the date of the next annual meeting of stockholders, contingent upon continuous service with the issuer.
  • Leschly also reported disposing of 172,732 shares of common stock.
  • Additionally, 420,946 shares are held indirectly by Iconica LLC, where Leschly serves as the managing member with sole power to direct voting and disposition.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.

Future Outlook

The vesting of the RSUs is contingent upon Leschly's continuous service with ChargePoint through the vesting date.

Industry Context

This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings and transactions of company directors.

Stakeholder Impact

  • Shareholders are informed about the transactions of a key insider, providing transparency into management's holdings.

Key Dates

DateDescription
07/09/2024Date of transaction involving common stock and RSUs.
07/09/2025Earliest vesting date for Restricted Stock Units.
07/11/2024Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.