Khetani Mansi 4
4 · ChargePoint Holdings, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
ChargePoint (CHPT) CFO Mansi Khetani Sells Shares
What Happened
CFO Mansi Khetani reported a sale of 2,311 ChargePoint (CHPT) shares on March 23, 2026, at $5.30 per share, yielding $12,248. The sale was reported as a "sell to cover" transaction to satisfy tax withholding obligations tied to the vesting/settlement of restricted stock units, not a discretionary open-market trade.
Key Details
- Transaction date and price: March 23, 2026 — 2,311 shares sold at $5.30 each.
- Transaction value: $12,248 (gross proceeds).
- Shares owned after transaction: not specified in the provided filing excerpt; see the Form 4 for the full holdings table.
- Footnotes: F1 — sale was mandatory to satisfy tax withholding on RSU vesting ("sell to cover"); F2 — filing also notes 448 shares acquired under the Employee Stock Purchase Plan on March 9, 2026 (exempt under Rule 16b-3).
- Filing timeliness: Form 4 was filed on March 23, 2026 (same date as the reported transaction); no late filing indicated in the provided record.
Context
"Sell to cover" sales are common when restricted stock units vest and the company’s equity plan requires withholding taxes; these transactions generally reflect tax obligations, not a signal of the insider's view on the stock. The ESPP purchase referenced was an exempt employee purchase and is routine.
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
[F1][F2]2026-03-23$5.30/sh−2,311$12,248→ 128,500 total
Footnotes (2)
- [F1]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.
- [F2]Includes 448 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).
Signature
/s/ Natella Novruzova - Attorney-in-Fact|2026-03-23