Richard Wilmer, President and Chief Executive Officer of ChargePoint Holdings, Inc. (NYSE: CHPT), purchased 46,847 shares of the company’s common stock on April 13, 2026. The aggregate value of the transaction was $249,999.
The shares were bought at a weighted average price of $5.3365, with purchase prices for individual trades ranging from $5.02 to $5.45. After the acquisition, Wilmer directly owns 511,224 shares of ChargePoint.
The trade took place while ChargePoint’s stock was trading near its 52-week low of $4.44 and the equity has declined roughly 55% over the past year.
Quarterly financials and operational updates
In its Q4 2026 results, ChargePoint reported revenue of $109 million, a figure that the company said is aligned with the high end of its guidance range. Despite the top-line increase, the company recorded a continued non-GAAP adjusted EBITDA loss of $18 million, underscoring persistent profitability challenges.
On the operational front, ChargePoint said it installed more than 90 new EV charging ports for the South Coast Air Quality Management District in California. The project involved replacing legacy chargers with 55 new Level 2 ChargePoint units, which together are capable of serving 94 vehicles simultaneously across multiple counties.
To augment its service offering, ChargePoint introduced two customer support products: ChargePoint Premier Care and the ChargePoint Support Portal. These services are intended to provide enhanced assistance to electric vehicle charging providers, including concierge support, revenue reporting, and network optimization tools.
Context and company focus
The insider purchase by ChargePoint’s CEO comes as the company pursues both growth in infrastructure deployments and enhancements to its support services, while continuing to work through operating losses highlighted in the most recent quarter. The disclosed figures and initiatives reflect ongoing efforts to expand the company’s footprint in the EV charging market and to strengthen service capabilities for customers.