[Form 4] Energy Vault Holdings, Inc. Insider Trading Activity
Energy Vault Holdings insider Robert Piconi reported a small disposition of common stock tied to RSU tax withholding and retains substantial ownership. The filing shows a Code F disposition of 10,400 shares on 09/22/2025 at a price of $2.02 per share representing shares withheld to satisfy tax liabilities on vested restricted stock units. After the withholding, the reporting person beneficially owns 20,199,884 shares directly and is advisor to two trusts that each hold 4,307,946 shares, reported as indirect holdings. The Form 4 was signed by the issuer's Chief Legal Officer on 09/24/2025.
Un dirigente di Energy Vault Holdings, Robert Piconi, ha segnalato una piccola disposizione di azioni comuni legata alla ritenuta fiscale sulle RSU e mantiene una partecipazione sostanziale. La pratica mostra una disposizione di Codice F di 10.400 azioni il 22/09/2025 al prezzo di 2,02 dollari per azione, rappresentando azioni trattenute per soddisfare gli obblighi fiscali sulle unità azione vincolate maturate. Dopo la trattenuta, il soggetto riportante detiene direttamente 20.199.884 azioni e ha il ruolo di consulente di due trust che detengono ciascuno 4.307.946 azioni, riportate come partecipazioni indirette. Il Modulo 4 è stato firmato dall'Ufficiale Legale Capo dell'emittente il 24/09/2025.
Un directivo de Energy Vault Holdings, Robert Piconi, informó de una pequeña disposición de acciones comunes vinculada con la retención de impuestos de RSU y mantiene una participación sustancial. La presentación muestra una disposición de código F de 10.400 acciones el 22/09/2025 a un precio de 2,02 USD por acción, que representa las acciones retenidas para satisfacer las obligaciones fiscales sobre las unidades de acciones restringidas vestidas. Después de la retención, la persona reportante posee directamente 20.199.884 acciones y es asesor de dos fideicomisos que cada uno posee 4.307.946 acciones, reportadas como participaciones indirectas. El Formulario 4 fue firmado por el Director Jurídico en Jefe de la emisora el 24/09/2025.
Energy Vault Holdings의 내부자 로버트 피코니가 RSU 과세 보류와 관련된 일반 주식의 소액 매각을 보고했으며 상당한 보유를 유지하고 있다. 제출서는 2025년 9월 22일 주당 2.02달러의 가격으로 10,400주를 Code F에 따른 매각으로 표시하며, 이는 부여된 제한 주식단위의 과세 의무를 충당하기 위해 보유된 주식을 나타낸다. 보류 후 보고자는 직접 20,199,884주를 보유하고 있으며 각 4,307,946주를 보유한 두 신탁의 조언자로서 간접 보유로 보고된다. 양식 4는 발행인의 최고 법무 책임자가 2025년 9월 24일에 서명했다.
Un initié de Energy Vault Holdings, Robert Piconi, a signalé une petite cession d'actions ordinaires liée à la retenue d'impôt sur les RSU et conserve une participation importante. Le dossier montre une cession selon le code F de 10 400 actions le 22/09/2025 à un prix de 2,02 $ par action, représentant des actions retenues pour satisfaire les obligations fiscales sur les unités d'actions restreintes acquises. Après la retenue, la personne déclarée détient directement 20 199 884 actions et est conseiller de deux trusts qui détiennent chacun 4 307 946 actions, rapportées comme avoirs indirects. Le Formulaire 4 a été signé par le Directeur Juridique en Chef de l'émetteur le 24/09/2025.
Ein Insider von Energy Vault Holdings, Robert Piconi, meldete eine geringe Veräußerung von Stammaktien im Zusammenhang mit der Steuerretention von RSUs und behält erhebliches Eigentum. Die Einreichung zeigt eine Disposal nach Code F über 10.400 Aktien am 22.09.2025 zu einem Preis von 2,02 USD pro Aktie, was Aktien repräsentiert, die zur Begleichung von Steuerverbindlichkeiten für vestete RSUs einbehalten wurden. Nach der Einbehaltung hält die meldende Person direkt 20.199.884 Aktien und ist Berater für zwei Trusts, die jeweils 4.307.946 Aktien halten, ausgewiesen als indirektes Eigentum. Das Form 4 wurde von dem Chief Legal Officer des Emittenten am 24.09.2025 unterzeichnet.
أبلغ رئيس داخل Energy Vault Holdings روبرت بيكوني عن تصرّف بسيط في الأسهم العادية مربوط باحتجاز ضريبي متعلق بـ RSU ويحافظ على ملكية كبيرة. تُظهر العريضة تصرّفاً من النوع Code F بمقدار 10,400 سهماً في 22/09/2025 بسعر 2.02 دولار للسهم الواحد، ويمثل الأسهم المحجوزة لتلبية الالتزامات الضريبية على وحدات الأسهم المقيدة المنفذة. بعد الحجز، يملك المبلغ المبلغ مباشرة 20,199,884 سهماً وهو مستشار لاثنين من الثقة التي تحمل كل واحد منها 4,307,946 سهماً، مُسجلة كملكية غير مباشرة. تم توقيع النموذج 4 من قبل رئيس الشؤون القانونية للمصدر في 24/09/2025.
Energy Vault Holdings 的内部人士 Robert Piconi 报告了一笔与 RSU 扣税相关的小额普通股处置，并保留着大量股权。 该备案显示在 2025-09-22 的 Code F 处置 10,400 股，股价为每股 2.02 美元，代表为满足已归属的受限股票单位的税款而扣留的股票。扣税后，申报人直接拥有 20,199,884 股，并担任两个信托的顾问，每个信托各持有 4,307,946 股，作为间接持有披露。表格 4 由发行人的首席法务官在 2025-09-24 签署。
- Large retained direct ownership of 20,199,884 shares after the transaction
- Additional indirect holdings of 4,307,946 shares held in each of two trusts advised by the reporting person, indicating substantial overall economic interest
- Transaction was a tax-withholding on vested RSUs (Code F), which is administrative rather than a discretionary sale
- 10,400 shares disposed via withholding on 09/22/2025 at $2.02 per share, reducing the reporting person's direct share count
- Filing indicates insider is both CEO and a 10% owner, which concentrates control and may raise governance concentration concerns for some investors
Insights
TL;DR: A routine tax-withholding disposition that does not materially change insider stake.
The reported Code F transaction reflects shares withheld to cover tax on vested RSUs rather than an open-market sale, which is typically neutral for market signaling. The withholding of 10,400 shares at $2.02 is immaterial relative to the reporting person's direct holding of 20.2 million shares and the two trusts each holding 4.307.946 shares. From a shareholder dilution and insider-alignment perspective, the insider remains heavily invested, preserving alignment with shareholders.
TL;DR: Disclosure is standard and complete; transaction appears administrative.
The Form 4 discloses relationship statuses (Director, CEO, 10% owner) and clarifies that the disposal relates to tax-withholding on RSU vesting. The filing identifies indirect holdings via two trusts for which the reporting person is investment advisor. Documentation and signature by the Chief Legal Officer indicate procedural compliance. There are no red flags for opportunistic insider selling in this filing.
Un dirigente di Energy Vault Holdings, Robert Piconi, ha segnalato una piccola disposizione di azioni comuni legata alla ritenuta fiscale sulle RSU e mantiene una partecipazione sostanziale. La pratica mostra una disposizione di Codice F di 10.400 azioni il 22/09/2025 al prezzo di 2,02 dollari per azione, rappresentando azioni trattenute per soddisfare gli obblighi fiscali sulle unità azione vincolate maturate. Dopo la trattenuta, il soggetto riportante detiene direttamente 20.199.884 azioni e ha il ruolo di consulente di due trust che detengono ciascuno 4.307.946 azioni, riportate come partecipazioni indirette. Il Modulo 4 è stato firmato dall'Ufficiale Legale Capo dell'emittente il 24/09/2025.
Un directivo de Energy Vault Holdings, Robert Piconi, informó de una pequeña disposición de acciones comunes vinculada con la retención de impuestos de RSU y mantiene una participación sustancial. La presentación muestra una disposición de código F de 10.400 acciones el 22/09/2025 a un precio de 2,02 USD por acción, que representa las acciones retenidas para satisfacer las obligaciones fiscales sobre las unidades de acciones restringidas vestidas. Después de la retención, la persona reportante posee directamente 20.199.884 acciones y es asesor de dos fideicomisos que cada uno posee 4.307.946 acciones, reportadas como participaciones indirectas. El Formulario 4 fue firmado por el Director Jurídico en Jefe de la emisora el 24/09/2025.
Energy Vault Holdings의 내부자 로버트 피코니가 RSU 과세 보류와 관련된 일반 주식의 소액 매각을 보고했으며 상당한 보유를 유지하고 있다. 제출서는 2025년 9월 22일 주당 2.02달러의 가격으로 10,400주를 Code F에 따른 매각으로 표시하며, 이는 부여된 제한 주식단위의 과세 의무를 충당하기 위해 보유된 주식을 나타낸다. 보류 후 보고자는 직접 20,199,884주를 보유하고 있으며 각 4,307,946주를 보유한 두 신탁의 조언자로서 간접 보유로 보고된다. 양식 4는 발행인의 최고 법무 책임자가 2025년 9월 24일에 서명했다.
Un initié de Energy Vault Holdings, Robert Piconi, a signalé une petite cession d'actions ordinaires liée à la retenue d'impôt sur les RSU et conserve une participation importante. Le dossier montre une cession selon le code F de 10 400 actions le 22/09/2025 à un prix de 2,02 $ par action, représentant des actions retenues pour satisfaire les obligations fiscales sur les unités d'actions restreintes acquises. Après la retenue, la personne déclarée détient directement 20 199 884 actions et est conseiller de deux trusts qui détiennent chacun 4 307 946 actions, rapportées comme avoirs indirects. Le Formulaire 4 a été signé par le Directeur Juridique en Chef de l'émetteur le 24/09/2025.
Ein Insider von Energy Vault Holdings, Robert Piconi, meldete eine geringe Veräußerung von Stammaktien im Zusammenhang mit der Steuerretention von RSUs und behält erhebliches Eigentum. Die Einreichung zeigt eine Disposal nach Code F über 10.400 Aktien am 22.09.2025 zu einem Preis von 2,02 USD pro Aktie, was Aktien repräsentiert, die zur Begleichung von Steuerverbindlichkeiten für vestete RSUs einbehalten wurden. Nach der Einbehaltung hält die meldende Person direkt 20.199.884 Aktien und ist Berater für zwei Trusts, die jeweils 4.307.946 Aktien halten, ausgewiesen als indirektes Eigentum. Das Form 4 wurde von dem Chief Legal Officer des Emittenten am 24.09.2025 unterzeichnet.
FAQ
What transaction did Robert Piconi report on Form 4 for NRGV?
How many NRGV shares does the reporting person own after the transaction?
Are there any indirect holdings disclosed for the reporting person?
Was this an open-market sale or another type of disposition?
Who signed the Form 4 filing and when?
