Form 4: Energy Vault COO Sells Shares for Tax Liability
Insider Transaction Report
Energy Vault Holdings' Chief Operations Officer, Akshay Ladwa, disposed of 21,594 common shares on December 11, 2025, to cover tax obligations related to restricted stock unit vesting.
Summary
- Akshay Ladwa, Chief Operations Officer of Energy Vault Holdings, Inc. (NRGV), reported a disposition of common stock.
- The transaction occurred on December 11, 2025.
- A total of 21,594 shares of common stock were disposed of at a price of $3.44 per share.
- The disposition was due to shares being withheld by the Issuer to satisfy tax liability upon the vesting of restricted stock units.
- Following this transaction, Akshay Ladwa beneficially owns 1,836,095 shares of common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine disposition of shares by an insider to cover tax liabilities upon the vesting of restricted stock units. This is a common, non-discretionary transaction and does not typically reflect a change in sentiment regarding the company's prospects.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
This filing represents a routine insider transaction for tax purposes, common across all industries when restricted stock units vest. It does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or insider confidence.
- Employees: No direct impact beyond the reporting person.
Key Dates
| Date | Description |
|---|---|
| 12/11/2025 | Transaction Date: Disposition of common stock for tax liability. |
| 12/12/2025 | Filing Date of the Statement of Changes in Beneficial Ownership. |
Recommendation
holdThis Form 4 reports a routine disposition of shares by an insider to cover tax liabilities upon the vesting of restricted stock units. Such transactions are common and do not typically indicate a change in the company's fundamentals or the insider's confidence, thus a 'hold' recommendation remains appropriate based solely on this filing.
Keywords
Energy Vault, NRGV, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Akshay Ladwa
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