Form 4: Director Larry Paulson Receives Energy Vault RSU Grant

Energy Vault Holdings director Larry Paulson was granted 22,026 restricted stock units as part of his board compensation.

Summary

• Director Larry Paulson acquired 22,026 restricted stock units (RSUs) on May 29, 2026.
• Each RSU represents a contingent right to receive one share of common stock.
• The RSUs are scheduled to vest on June 1, 2027, subject to continued service on the Board.
• Following this transaction, Mr. Paulson directly owns 523,794 shares and maintains an indirect interest in 609,256 shares held by a family trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified in this filing.

Risks

• Vesting of the RSU award is contingent upon the reporting person's continued service on the Board of Directors.

Future Outlook

The filing does not provide forward-looking financial guidance, focusing solely on director equity compensation.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure director alignment with company performance and shareholder interests.

Comparison to Industry Standards

• The use of RSU grants for board compensation is consistent with standard practices for publicly traded technology and energy storage companies.

Related Party Transactions

• The reporting person maintains an indirect interest in 609,256 shares held by the Larry M and Gretchen V Paulson Family Trust.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation event.

Next Steps

• Vesting of the 22,026 RSUs on June 1, 2027.

Key Dates

Keywords

Energy Vault, NRGV, Form 4, Insider Trading, Director Compensation, Restricted Stock Units