Form 4: Energy Vault Holdings Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Laurence Alexander, Chief Marketing Officer of Energy Vault Holdings, sold 6,113 shares of common stock to cover tax liabilities related to vesting restricted stock units.
Summary
- On August 9, 2024, Laurence Alexander, the Chief Marketing Officer of Energy Vault Holdings, sold 6,113 shares of the company's common stock.
- The shares were sold at a price of $0.847 per share.
- This transaction was executed to satisfy the reporting person's tax liability on the vesting of restricted stock units.
- Following the transaction, Alexander directly owns 1,213,544 shares of Energy Vault Holdings.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) and does not contain any information that would significantly impact investor sentiment.
Industry Context
Sales of shares to cover tax obligations are a routine part of executive compensation and are not necessarily indicative of the executive's view of the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of stock sale transaction |
| 08/13/2024 | Date of Form 4 filing |
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