Form 4: Energy Vault Holdings Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Goncagul Icoren, Chief People Officer of Energy Vault Holdings, sold shares to cover tax liabilities arising from the vesting of restricted stock units.
Summary
- On August 9, 2024, Goncagul Icoren, the Chief People Officer of Energy Vault Holdings, sold 5,965 shares of common stock at a price of $0.847 per share.
- The sale was executed to satisfy the reporting person's tax liability on the vesting of restricted stock units.
- Following the transaction, Icoren directly owns 885,223 shares of Energy Vault Holdings.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction to cover tax obligations. It doesn't inherently convey positive or negative sentiment.
Stakeholder Impact
- The sale of shares by a company executive could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of the stock sale transaction. |
| 08/13/2024 | Date of signature by Attorney-in-Fact. |
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