Energy Vault (NRGV) officer purchases 6,200 shares at $1.59 — filing
Rhea-AI Filing Summary
Insider purchase recorded for Energy Vault Holdings, Inc. (NRGV). On 08/21/2025 an officer, Christopher Wiese (President, Energy Vault Labs), purchased 6,200 shares of the issuer's common stock at $1.59 per share. After this transaction he beneficially owned 1,164,138 shares. The Form 4 indicates the purchase was a single transaction and was reported on the same filing. The form is signed on behalf of the reporting person by the company Chief Legal Officer.
Positive
- Insider purchase disclosed: 6,200 shares acquired on 08/21/2025
- Transaction price provided: $1.59 per share
- Post-transaction ownership reported: 1,164,138 shares beneficially owned
- Form properly executed: Signed by Chief Legal Officer on 08/21/2025
Negative
- None.
Insights
TL;DR: Officer-level insider made a small open-market purchase of 6,200 shares at $1.59, increasing beneficial ownership to 1,164,138 shares.
This Form 4 documents a routine non-derivative acquisition by an officer. The disclosure provides concrete amounts and price, allowing investors to see transaction size and resulting holdings. The filing contains no information about the source of funds, intent, or any derivative activity. It is a straightforward record of insider activity without additional corporate context in the filing.
TL;DR: The transaction is a standard Section 16 disclosure: an officer purchased common stock and the Form 4 reports required details.
The filing identifies the reporting person, role, transaction date, number of shares acquired, price per share, and post-transaction beneficial ownership. It is properly executed and signed by the Chief Legal Officer. The document does not include any 10b5-1 plan designation or other explanatory statements beyond a single-transaction remark.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 6,200 | $1.59 | $10K |
Footnotes (1)
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