Form 4: Energy Vault COO's Tax Withholding on RSU Vesting

Energy Vault Holdings' Chief Operations Officer, Akshay Ladwa, reported a disposition of 9,886 common shares to cover tax liabilities from restricted stock unit vesting.

Summary

• Akshay Ladwa, Chief Operations Officer of Energy Vault Holdings, Inc. (NRGV), reported a transaction on November 13, 2025.
• The transaction involved the disposition of 9,886 shares of common stock.
• These shares were withheld by the issuer to satisfy Mr. Ladwa's tax liability upon the vesting of restricted stock units.
• The price per share for the disposition was $3.54.
• Following this transaction, Mr. Ladwa beneficially owns 1,857,689 shares of common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine tax withholding event for an executive's equity compensation, which is neutral in terms of company performance or outlook.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This routine insider transaction, specifically a tax withholding related to RSU vesting, is a common occurrence for executives in publicly traded companies across all industries. It does not provide specific insights into broader industry trends or competitive positioning for Energy Vault Holdings.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a discretionary sale or purchase.

Key Dates

Keywords

Energy Vault Holdings, NRGV, Akshay Ladwa, Chief Operations Officer, Form 4, SEC filing, insider transaction, restricted stock units, tax withholding, common stock