4/A: Energy Vault Holdings Director William Gross Amends SEC Filing to Correctly Report Beneficial Ownership

William Gross, a director of Energy Vault Holdings, filed an amended Form 4 with the SEC to correct previously reported information regarding his beneficial ownership of the company's common stock.

Summary

• William Gross, a director at Energy Vault Holdings, filed an amended Form 4 with the SEC on June 20, 2024.
• The amendment corrects a previous filing from March 15, 2024, which incorrectly reported the acquisition of beneficial ownership of securities.
• The amended filing clarifies the number of common stock shares beneficially owned by Mr. Gross as of the date of the amendment.
• Mr. Gross's beneficial ownership includes shares held directly and indirectly through entities such as Idealab Holdings, LLC, Gross Goodstein Living Trust, Idealab Studio, LLC, and as a custodian for a child.
• Mr. Gross disclaims beneficial ownership of certain shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a previous error, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to insider ownership and is specific to Energy Vault Holdings and its director, William Gross.

Stakeholder Impact

• The correction of the beneficial ownership report provides more accurate information to shareholders regarding insider holdings.

Key Dates