ChargePoint (CHPT) CAO Natella Novruzova Sells 1,484 Shares

What Happened
Natella Fakhradovna Novruzova, Chief Accounting Officer of ChargePoint Holdings, sold 1,484 shares on 2026-09-22 at a weighted average price of $9.86 per share for total gross proceeds of $14,632. This sale was a sell-to-cover to satisfy tax withholding obligations related to the vesting/settlement of restricted stock units, not a discretionary sale.

Key Details

• Transaction date: 2026-09-22 (reported on Form 4 filed 2026-09-22).
• Transaction type/code: Sale (open market or private sale) — code S.
• Price and value: 1,484 shares sold at $9.86 weighted average price; total ≈ $14,632. The reporting person can provide a breakdown of shares sold at each price within the reported range (footnote F2).
• Reason: Sell-to-cover to satisfy tax withholding for RSU vesting (footnote F1). Not a discretionary trade by the insider.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Reported same day (no late filing indicated).
• Additional note: Filing references 382 shares acquired under the company’s Employee Stock Purchase Plan on Sept 9, 2026, in a transaction exempt under Rule 16b-3 (footnote F3).

Context
Sell-to-cover transactions are routine tax-withholding sales when equity awards vest; they generally do not signal a change in an insider’s view of the company. This filing documents a withholding-related sale rather than an opportunistic open-market sale by the insider.