Form 4: Energy Vault COO Gifts 50,000 Shares

Energy Vault Holdings, Inc. Chief Operations Officer Akshay Ladwa gifted 50,000 shares of common stock to his sister.

Summary

• Akshay Ladwa, Chief Operations Officer of Energy Vault Holdings, Inc. (NRGV), reported a disposition of common stock.
• On October 15, 2025, Mr. Ladwa gifted 50,000 shares of common stock.
• The transaction was a bona fide gift to his sister, Megha Rangarej, with a price of $0 per share.
• Following this transaction, Mr. Ladwa beneficially owns 1,867,575 shares of Energy Vault Holdings, Inc. common stock directly.

Sentiment

Score: 5

Explanation: This Form 4 filing reports a routine insider transaction (a gift) and does not contain information that would significantly alter the company's financial outlook or operational performance, thus maintaining a neutral sentiment.

Future Outlook

NA

Industry Context

This filing details a personal transaction by a company officer and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• Akshay Ladwa, Chief Operations Officer, gifted 50,000 shares of common stock to his sister, Megha Rangarej, on October 15, 2025.

Stakeholder Impact

• Minimal impact on shareholders as this is a personal transaction by an officer.
• No direct impact on employees, customers, suppliers, or creditors mentioned in the filing.

Key Dates

Keywords

Energy Vault, NRGV, Akshay Ladwa, Form 4, Insider Transaction, Stock Gift, Common Stock, Chief Operations Officer, Officer Ownership