[144] Energy Vault Holdings, Inc. SEC Filing

Rhea-AI Filing Summary

Energy Vault Holdings, Inc. (NRGV) filed a Form 144 notifying the proposed sale of 75,000 common shares through Fidelity Brokerage Services with an aggregate market value of $242,631.64 and reporting 161,855,407 shares outstanding. The shares to be sold were acquired through restricted stock vesting on 11/29/2022 (31,772 shares), 02/28/2023 (37,419 shares), and 07/31/2023 (5,809 shares) as compensation. The filing also reports prior sales by the same person: 15,046 shares on 07/18/2025 for $12,194.78 and 75,000 shares on 09/22/2025 for $228,272.29. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Insights

Financial Analyst

TL;DR: Routine insider sale of vested compensation shares; transaction size is small relative to outstanding shares.

The filing documents a proposed sale of 75,000 common shares valued at $242,631.64 and shows prior recent sales by the same individual. The shares originated from restricted stock vesting over 2022–2023, indicating these are compensation-related disposals rather than open-market liquidations of long-held stock. Relative to the reported 161.9 million shares outstanding, the sale is immaterial in size, so market impact is likely limited. The disclosure complies with Rule 144 reporting requirements and provides clear acquisition and sale dates.

Corporate Governance Expert

TL;DR: Filing is a standard, compliant disclosure of an insider disposing of vested compensation shares.

The notice lists the broker, acquisition history, and recent sales by the same person, meeting Form 144 content expectations. Because the securities were acquired via restricted stock vesting, these sales reflect compensation monetization rather than third-party transfers. The seller’s attestation about lack of undisclosed material information is included. From a governance perspective, transparency is preserved; no governance violations or unexplained transfers appear in this filing.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	75000	242631.64	161855407	09/23/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/29/2022	Restricted Stock Vesting	Issuer			31772	11/29/2022	Compensation
Common	02/28/2023	Restricted Stock Vesting	Issuer			37419	02/28/2023	Compensation
Common	07/31/2023	Restricted Stock Vesting	Issuer			5809	07/31/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Akshay V. Ladwa 4165 East Thousand Oaks Blvd. Suite 100 Westlake Village CA 91362	Common	07/18/2025	15046	12194.78
Akshay V. Ladwa 4165 East Thousand Oaks Blvd. Suite 100 Westlake Village CA 91362	Common	09/22/2025	75000	228272.29

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)