Form 4: Director Stephanie Unwin Receives NRGV Stock Award
Statement of Changes in Beneficial Ownership
Energy Vault Holdings, Inc. director Stephanie Unwin was granted 19,153 restricted stock units as part of a service-based equity award.
Summary
- Director Stephanie Unwin acquired 19,153 shares of Energy Vault Holdings, Inc. (NRGV) common stock via restricted stock units (RSUs).
- The transaction occurred on May 29, 2026, at a price of $0 per share, representing an equity grant.
- Following this transaction, the reporting person's total beneficial ownership increased to 297,245 shares.
- The RSUs are subject to a vesting schedule contingent upon continued service on the Board of Directors.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation.
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 compensation disclosure.
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 remains in service.
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 may view the equity grant as a positive alignment of director incentives with company performance.
Next Steps
- Vesting of the 19,153 RSUs on June 1, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/29/2026 | Date of the RSU grant transaction. |
| 06/01/2026 | Date of filing and signature by the Chief Legal Officer. |
| 06/01/2027 | Vesting date for the awarded restricted stock units. |
Keywords
NRGV, Energy Vault Holdings, Form 4, Insider Trading, Equity Compensation, Director Ownership
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