ChargePoint (CHPT) Director Bruce Chizen Receives RSU Award

What Happened

• Bruce R. Chizen, a director of ChargePoint Holdings, Inc. (CHPT), was granted three restricted stock unit (RSU) awards on 2026-07-21 totaling 30,060 RSUs (18,370; 6,680; and 5,010). Each award is reported at $0.00 per share because these are equity awards (not purchases) that convert to common stock only if/when they vest.

Key Details

• Transaction date: 2026-07-21; reported on Form 4 filed 2026-07-22 (timely filing).
• Grant amounts: 18,370 RSUs; 6,680 RSUs; 5,010 RSUs — total 30,060 RSUs. Reported acquisition price: $0.00 (standard for RSU grants).
• Shares owned after transaction: not specified in the filing.
• Footnotes of note:
  • RSUs represent a contingent right to receive one share per RSU upon vesting (F1, F3).
  • Vesting terms vary: one grant vests in full on the earlier of the one‑year anniversary or the next annual meeting (F1); another vests in four equal quarterly installments with the final installment vesting on the earlier of one year or the next annual meeting (F3).
  • The reported amounts were adjusted for a 1-for-20 reverse stock split effective July 28, 2025 (F2).
  • Separate footnotes note certain shares held in trusts for which Chizen is trustee (F4, F5) — these refer to existing holdings, not the new RSU grants.
• Filing status: Appears timely (transaction 7/21/2026; Form 4 filed 7/22/2026).

Context

• RSU grants are awards that convert to shares only after satisfying vesting/service conditions; they are not an immediate cash transaction or open‑market purchase. Such awards are common for directors and are compensation-related rather than direct signals of buying or selling intent.