ChargePoint CCXO Sells $13K Shares Amidst EBITDA Loss

Jagdeep Singh Sells 9,389 ChargePoint Shares to Cover Taxes

Jagdeep Singh, who is the Chief Commercial Officer (CCXO) of ChargePoint, recently sold 9,389 shares at an average price of $1.3971 per share, resulting in a total sale amount of over $13,117. The sale, which took place on June 21, 2024, was part of a "sell to cover" transaction needed to meet tax withholding obligations tied to the vesting of restricted stock units. This is a common practice where executives sell shares to pay taxes on stock compensation they receive.