Form 4: Director Mary Beth Mandanas Receives Energy Vault RSU Grant

Energy Vault Holdings, Inc. director Mary Beth Mandanas was granted 22,026 restricted stock units as part of board compensation.

Summary

• Director Mary Beth Mandanas acquired 22,026 restricted stock units (RSUs) of Energy Vault Holdings, Inc. (NRGV).
• The transaction occurred on May 29, 2026.
• The RSUs were granted at a price of $0 per share as part of equity compensation.
• Following this transaction, the director's total beneficial ownership of common stock increased to 372,864 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation practices.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by a board member.

Negatives

• None identified; this is a standard equity grant for board service.

Risks

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

Future Outlook

The RSUs are scheduled to vest on June 1, 2027, provided the director maintains continuous service on the Board.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to incentivize long-term oversight and alignment with shareholder value in the energy storage sector.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is consistent with standard compensation practices for publicly traded companies in the technology and energy sectors.

Stakeholder Impact

• Shareholders benefit from the continued alignment of board members with company performance through equity ownership.

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