ChargePoint (CHPT) Director Dhruv Mitesh Receives 25,050 RSUs

What Happened
Dhruv Mitesh, a director of ChargePoint Holdings, was granted a total of 25,050 Restricted Stock Units (RSUs) on July 21, 2026 (18,370 RSUs and 6,680 RSUs). The awards were reported as acquisitions at $0.00 per share (awards/grants), meaning no cash was paid. Each RSU represents a contingent right to receive one share of common stock upon vesting.

Key Details

• Transaction date: 2026-07-21; Form 4 filed 2026-07-22. Transaction code: A (award/grant).
• Shares/amounts: 18,370 RSUs and 6,680 RSUs (total 25,050 RSUs), reported at $0.00 per RSU.
• Vesting: Per footnotes, the grants are RSUs that convert 1-for-1 to common stock upon vesting. One grant vests in full on the earlier of the one-year anniversary or the next annual meeting, subject to continued service; the other vests in four equal quarterly installments with the final installment vesting on the earlier of the one-year anniversary or the next annual meeting, subject to continued service.
• Reverse split adjustment: Reported amounts have been adjusted for a 1-for-20 reverse stock split effective July 28, 2025.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• No tax withholding, sales, or 10b5-1 plan noted in the filing excerpt.

Context
RSU grants are compensation awards, not open-market purchases or sales, and become common shares only when they vest. Such awards are common for directors and employees as a retention/incentive tool; they do not by themselves indicate a buying or selling signal until/unless shares are sold.