Form 4: Energy Vault Executive's Tax-Related Stock Sale
Insider Transaction Report
Energy Vault Holdings, Inc. President, Energy Vault Labs, Christopher Wiese, reported a tax-related disposal of 6,808 common shares at $4.61 per share.
Summary
- Christopher Wiese, President of Energy Vault Labs at Energy Vault Holdings, Inc. (NRGV), reported a transaction involving common stock.
- On January 22, 2026, 6,808 shares of common stock were disposed of at a price of $4.61 per share.
- This disposal represents shares withheld by the Issuer to satisfy the reporting person's tax liability upon the vesting of restricted stock units.
- Following this transaction, Christopher Wiese beneficially owns 1,128,960 shares of common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction (tax withholding on RSU vesting) which is neutral in terms of company sentiment.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This Form 4 filing details a routine insider transaction common across all industries, where shares are withheld by the company to cover an executive's tax obligations upon the vesting of equity awards like restricted stock units. It does not reflect a discretionary sale or broader industry trends.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not indicate a change in management's confidence or a significant shift in ownership.
Key Dates
| Date | Description |
|---|---|
| 01/22/2026 | Date of transaction where shares were disposed of for tax liability. |
| 01/23/2026 | Date the Statement of Changes in Beneficial Ownership was signed. |
Recommendation
holdThis Form 4 filing details a routine, non-discretionary transaction where shares were withheld for tax purposes upon the vesting of restricted stock units. Such an event does not reflect a change in the insider's investment sentiment or the company's operational performance, and therefore, does not warrant a change in investment recommendation based solely on this filing.
Keywords
Energy Vault, NRGV, Form 4, Insider Transaction, Stock Disposal, Tax Withholding, Restricted Stock Units, Christopher Wiese
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