Wilmer Richard 4
4 · ChargePoint Holdings, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
ChargePoint CEO Wilmer Richard Sells 8,151 Shares (Tax Withholding)
What Happened
Wilmer Richard, President, CEO and a director of ChargePoint (CHPT), had 8,151 shares withheld by the company on March 20, 2026 to satisfy income tax and withholding obligations related to the vesting of previously reported restricted stock units. The shares were withheld at an indicated price of $5.40 per share for a notional value of about $44,015. This transaction is a tax withholding/net settlement of vested RSUs (transaction code F), not an intentional open-market sale by the reporting person.
Key Details
- Transaction date and price: March 20, 2026; 8,151 shares at $5.40 per share (disposition for withholding), total ~ $44,015.
- Filing date: March 23, 2026 (covering the March 20, 2026 event).
- Shares owned after transaction: not specified on this Form 4.
- Footnotes: F1 clarifies this was withholding to satisfy tax obligations on vested RSUs (not a sale by the insider). F2 notes 500 shares were acquired under the company ESPP on March 9, 2026 in an exempt transaction.
- Transaction type: tax withholding/net share settlement of vested restricted stock units (code F).
Context
Withheld-share transactions to cover taxes on vested RSUs are common and routine and do not necessarily indicate the insider is reducing their economic exposure by selling shares on the open market. For retail investors, purchases are generally more informative than routine withholding settlements; this filing simply documents the company withholding shares to remit taxes.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-20$5.40/sh−8,151$44,015→ 464,377 total
Footnotes (2)
- [F1]This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting of previously reported restricted stock units.
- [F2]Includes 500 shares acquired under the issuer's Employee Stock Purchase Plan on March 9, 2026, in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).