ChargePoint Holdings, Inc.·4

Jul 22, 7:53 PM ET

Harries Axel 4

Research Summary

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ChargePoint (CHPT) Director Axel Harries Receives RSU Award

What Happened
Axel Harries, a director of ChargePoint Holdings, Inc. (CHPT), was granted a total of 25,050 restricted stock units (RSUs) on July 21, 2026. The grant is reported as two awards: 18,370 RSUs and 6,680 RSUs, each reported at $0.00 acquisition price (typical for compensation grants). These RSUs convert to one share of common stock per RSU upon vesting; no cash was exchanged in the grant itself.

Key Details

  • Transaction date: 2026-07-21; Form 4 filed 2026-07-22 (timely filing).
  • Awards: 18,370 RSUs and 6,680 RSUs (total 25,050 RSUs), acquisition price $0.00.
  • Vesting notes (from filing footnotes):
    • 18,370 RSUs: service-based vesting satisfied in full on the earlier of the one-year anniversary of the grant or the next annual meeting (single-cliff vest) (F1).
    • 6,680 RSUs: service-based vesting in four equal quarterly installments, with final installment vesting on the earlier of the one‑year anniversary or the next annual meeting (F3).
  • Reverse split adjustment: reported amounts reflect ChargePoint’s 1-for-20 reverse stock split effective July 28, 2025 (F2).
  • Shares owned after the transaction: not specified in the excerpt provided.
  • Filing timeliness: appears timely (filed the day after the grant date).

Context
RSU grants are a form of non-cash compensation for directors and executives; they only become shares if and when the vesting conditions are met. Such awards are routine director compensation and do not by themselves indicate a buy or sell decision in the open market.