Khetani Mansi 4

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.