NRGV Form 4: Dylan Hixon Increases Direct Stake to 220,000 Shares
Rhea-AI Filing Summary
Energy Vault Holdings, Inc. (NRGV) reporting person Dylan Hixon, a company director, purchased 20,000 shares of common stock on 08/14/2025 at a price of $1.4956 per share. After the purchase, Mr. Hixon directly beneficially owned 220,000 shares.
In addition to his direct holdings, Mr. Hixon may be deemed to beneficially own 860,065 shares held indirectly through Arden Road Investments LLC via the Dylan Trust, where he serves as sole trustee; he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- Insider purchase disclosed: Reporting person acquired 20,000 shares at $1.4956 per share.
- Direct ownership increased to: 220,000 shares following the transaction.
- Indirect holdings disclosed: 860,065 shares held by Arden Road Investments LLC via the Dylan Trust.
Negative
- None.
Insights
TL;DR: Director purchase of 20,000 shares at $1.4956 increases his direct stake to 220,000 shares; indirect holdings remain substantial.
The Form 4 shows a routine, disclosed purchase by a director rather than a sale. The transaction size (20,000 shares) and price ($1.4956) are explicit. The director also has meaningful indirect exposure through Arden Road Investments LLC (860,065 shares) via the Dylan Trust. This filing provides clear ownership figures but no further context on timing, intent, or proportional ownership relative to outstanding shares, limiting assessment of market impact.
TL;DR: Disclosure aligns with Section 16 requirements; trustee relationship creates indirect beneficial ownership disclosure.
The report properly identifies the reporting person as a director and discloses both direct and indirect beneficial ownership, including the trustee role for the Dylan Trust and the indirect holdings held by Arden Road Investments LLC. The filing includes the required purchase code (P) and price, and contains a standard disclaimer of beneficial ownership for trust-held shares. There are no indications of unusual derivative transactions or atypical reporting irregularities in the submitted content.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,000 | $1.4956 | $30K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The shares are purchased in one transaction at a price given in Column 4. Mr. Hixon is the sole trustee of the "Dylan Trust under the JMH-ICH Lex Trust" which holds shares in Arden Road Investments LLC. Mr. Hixon may be deemed to have beneficial ownership of the securities held by the Dylan Trust. Mr. Hixon disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
