Energy Vault (NRGV) director buys 27K shares via family trust
Rhea-AI Filing Summary
Energy Vault Holdings, Inc. director Dylan Hixon reported an indirect open-market purchase of 27,472 shares of common stock of NRGV on 2026-08-17 at $3.878 per share. The purchased shares are held by the Dylan Hixon Childrens Trust FBO Casimir R. Hixon, for which Mr. Hixon is sole trustee and may be deemed to have beneficial ownership, while disclaiming beneficial ownership except to the extent of his pecuniary interest. The filing also reports indirect holdings through additional family trusts, his son, and Arden Road Investments LLC, and direct ownership of 117,602 shares of common stock as of that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 27,472 shares
Net Buy
6 txns
Insider
Hixon Dylan
Role
Director
Bought
27,472 shs ($107K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 27,472 | $3.878 | $107K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 27,472 shares (Indirect, Held by Dylan Hixon Childrens Trust FBO Casimir R. Hixon);
Common Stock — 26,845 shares (Indirect, Held by DHH Hixon Family Great Grandchildrens Trust FBO Casimir R. Hixon);
Common Stock — 26,809 shares (Indirect, Held by DHH Hixon Family Great Grandchildrens Trust FBO Soren A. Hixon);
Common Stock — 31,864 shares (Indirect, By son);
Common Stock — 117,602 shares (Direct);
Common Stock — 900,065 shares (Indirect, Held by Arden Road Investments LLC)
Footnotes (5)
- F1. Mr. Hixon is the sole trustee of the Dylan Hixon Childrens Trust FBO Casimir R. Hixon. Mr. Hixon may be deemed to have beneficial ownership of the securities held by such trust. Mr. Hixon disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein
- F2. Mr. Hixon is the sole trustee of the DHH Hixon Family Great Grandchildrens Trust FBO Casimir R. Hixon. Mr. Hixon may be deemed to have beneficial ownership of the securities held by such trust. Mr. Hixon disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F3. Mr. Hixon is the sole trustee of the DHH Hixon Family Great Grandchildrens Trust FBO Soren A. Hixon. Mr. Hixon may be deemed to have beneficial ownership of the securities held by such trust. Mr. Hixon disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F4. This transaction involved the purchase of shares of common stock by the reporting persons son. The reporting person disclaims beneficial ownership of the securities held by his son, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F5. 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.
Key Figures
Shares purchased: 27,472 shares
Purchase price: $3.878 per share
Direct holdings: 117,602 shares
+5 more
8 metrics
Shares purchased
27,472 shares
Common Stock purchased indirectly on 2026-08-17
Purchase price
$3.878 per share
Price for 27,472-share indirect purchase on 2026-08-17
Direct holdings
117,602 shares
Common Stock directly owned by Dylan Hixon following reported holdings
Trust holdings (Casimir Children’s Trust)
27,472 shares
Held by Dylan Hixon Childrens Trust FBO Casimir R. Hixon after purchase
Trust holdings (Great Grandchildrens Trust Casimir)
26,845 shares
Indirectly held by DHH Hixon Family Great Grandchildrens Trust FBO Casimir R. Hixon
Trust holdings (Great Grandchildrens Trust Soren)
26,809 shares
Indirectly held by DHH Hixon Family Great Grandchildrens Trust FBO Soren A. Hixon
Son's holdings
31,864 shares
Common Stock held by reporting person’s son
Arden Road Investments LLC holdings
900,065 shares
Indirectly reported as held by Arden Road Investments LLC
Key Terms
beneficial ownership, pecuniary interest, indirect ownership, trustee, +1 more
5 terms
beneficial ownership financial
"may be deemed to have beneficial ownership of the securities held"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of such securities except to the extent of his pecuniary interest"
indirect ownership financial
"ownership_type":"indirect","ownership_code":"I""
trustee financial
"Mr. Hixon is the sole trustee of the Dylan Hixon Childrens Trust"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
Section 16 regulatory
"beneficial owner of the securities for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What transaction did NRGV director Dylan Hixon report on this Form 4?
Hixon reported an indirect purchase of 27,472 NRGV common shares on 2026-08-17 at $3.878 per share, executed for the Dylan Hixon Childrens Trust FBO Casimir R. Hixon, where he serves as sole trustee and may be deemed to have beneficial ownership.
Was the NRGV Form 4 transaction by Dylan Hixon a buy or a sell?
The Form 4 shows a net buy. It reports one open-market purchase of 27,472 shares of Energy Vault Holdings, Inc. common stock at $3.878 per share, with no reported sales or derivative exercises on the same date.
Does the NRGV Form 4 indicate that the transaction was made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes do not describe a pre-arranged plan. The transaction is characterized simply as a purchase by the relevant trust or related party.
AI-generated analysis. How Rhea-AI works. Not financial advice.
