Form 4: Energy Vault Officer's Tax Withholding Transaction
Insider Transaction Report
Energy Vault Holdings, Inc. officer Christopher Wiese reported a disposition of 2,639 common shares for tax liability on restricted stock unit vesting.
Summary
- Christopher Wiese, President of Energy Vault Labs at Energy Vault Holdings, Inc. (NRGV), reported a transaction involving the company's common stock.
- On November 13, 2025, 2,639 shares of common stock were disposed of at a price of $3.54 per share.
- This disposition was due to shares withheld by the Issuer to satisfy the reporting person's tax liability upon the vesting of restricted stock units.
- Following this reported transaction, Christopher Wiese directly beneficially owns 1,144,519 shares of Energy Vault Holdings, Inc. common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding event for restricted stock units, which is a neutral event and does not indicate positive or negative sentiment towards the company's performance or outlook.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
This Form 4 filing reports a routine insider transaction related to tax obligations upon restricted stock unit vesting. It does not provide information relevant to broader industry trends or the competitive landscape for Energy Vault Holdings, Inc.
Related Party Transactions
- The disposition of shares by Christopher Wiese, an officer of Energy Vault Holdings, Inc., to satisfy tax liability on restricted stock unit vesting, constitutes a related party transaction.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes.
- No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 11/13/2025 | Date of transaction for the disposition of common stock. |
| 11/14/2025 | Date the Form 4 was signed by the Chief Legal Officer. |
Keywords
Energy Vault Holdings, NRGV, Christopher Wiese, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Officer Transaction
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