Form 4: Energy Vault Executive Sells Shares for Tax
Insider Transaction Report
Energy Vault Holdings, Inc. President, Energy Vault Labs, Christopher Wiese, disposed of 8,751 common shares to cover tax liabilities related to restricted stock unit vesting.
Summary
- Christopher Wiese, President of Energy Vault Labs at Energy Vault Holdings, Inc. (NRGV), reported a transaction on December 12, 2025.
- The transaction involved the disposition of 8,751 shares of common stock.
- These shares were withheld by the Issuer to satisfy Mr. Wiese's tax liability upon the vesting of restricted stock units.
- The shares were disposed of at a price of $3.44 per share.
- Following this transaction, Mr. Wiese beneficially owns 1,135,768 shares of common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction where shares were disposed of to cover tax liabilities upon the vesting of restricted stock units. This is a common occurrence and does not indicate a positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
N/A. This Form 4 filing reports a past transaction and does not contain any forward-looking statements or guidance.
Industry Context
N/A. This filing is a routine insider transaction report (Form 4) for tax withholding purposes and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a discretionary sale indicating a change in insider sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/12/2025 | Transaction Date for disposition of common stock and date of filing signature. |
Keywords
Energy Vault Holdings, NRGV, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Christopher Wiese, Corporate Governance
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