Energy Vault (NRGV) Form 4: Officer Disposes 50,000 Shares; 1.22M Remain
Rhea-AI Filing Summary
Energy Vault Holdings, Inc. (NRGV) Form 4 shows that Michael Thomas Beer, identified as an officer (Chief Financial Officer), sold 50,000 shares of the issuer's common stock on 09/12/2025 at a weighted-average price of $2.165. After this transaction he beneficially owns 1,216,103 shares, held directly. The filing clarifies the sale occurred in multiple tranches at prices between $2.160 and $2.180 and the filer offers to provide a breakdown on request.
The Form 4 is signed on behalf of the reporting person by the company's Chief Legal Officer, Brad Eastman.
Positive
- Timely disclosure of insider transaction with transaction date and weighted-average price provided
- Post-transaction ownership clearly reported as 1,216,103 shares (direct)
- Price range transparency included (sales ranged $2.160 to $2.180) and offer to provide per-tranche details
Negative
- Insider sale recorded: 50,000 shares were disposed of on 09/12/2025
Insights
TL;DR: Insider sale of 50,000 shares is disclosed; remaining direct ownership is material in absolute terms but the transaction appears routine.
The filing documents a disposition of 50,000 common shares at a weighted-average price of $2.165, leaving the reporting person with 1,216,103 shares held directly. The disclosure is clear on price range ($2.160–$2.180) and offers to provide a per-tranche breakdown. From an analytical perspective this is a straightforward insider sale disclosure without accompanying derivative activity or additional contextual events in the form itself.
TL;DR: Company correctly filed Form 4 showing an officer's sale; signature by Chief Legal Officer indicates procedural completion.
The document names the reporting person, their officer title (Chief Financial Officer), transaction date, sale code, number of shares disposed, weighted-average price, and post-transaction beneficial ownership. The signature block shows the filing was executed by the Chief Legal Officer, consistent with standard practice for Form 4 filings. No amendments, plans, or exemptions are noted within this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,000 | $2.165 | $108K |
Footnotes (1)
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