Energy Vault (NRGV) president has 6,808 shares withheld for taxes
Rhea-AI Filing Summary
Energy Vault Holdings, Inc. officer Christopher Wiese, President of Energy Vault Labs, reported a routine share withholding related to equity compensation. On January 22, 2026, 6,808 shares of common stock were withheld at $4.61 per share to cover his tax liability upon the vesting of restricted stock units. After this transaction, he directly beneficially owned 1,128,960 shares of Energy Vault common stock.
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FAQ
What did Energy Vault (NRGV) insider Christopher Wiese report on this Form 4?
Christopher Wiese, President of Energy Vault Labs, reported that 6,808 shares of Energy Vault common stock were withheld on January 22, 2026 to satisfy his tax liability from vesting restricted stock units.
What does transaction code "F" mean in the Energy Vault (NRGV) Form 4 filing?
Transaction code "F" indicates shares were withheld by the issuer to satisfy the reporting person’s tax obligations upon the vesting of equity awards, rather than an open-market buy or sell.
How many Energy Vault (NRGV) shares were withheld for taxes from Christopher Wiese?
The filing shows that 6,808 shares of Energy Vault common stock were withheld at a price of $4.61 per share to cover Christopher Wiese’s tax liability.
How many Energy Vault (NRGV) shares does Christopher Wiese own after this transaction?
Following the reported withholding transaction, Christopher Wiese beneficially owned 1,128,960 shares of Energy Vault common stock in direct ownership form.
Was this Energy Vault (NRGV) Form 4 a market sale by the insider?
No. According to the footnote, the 6,808 shares were withheld by the issuer to pay taxes on vested restricted stock units, rather than sold into the open market.
What is the role of Christopher Wiese at Energy Vault (NRGV)?
Christopher Wiese is an officer of Energy Vault Holdings, Inc., serving as President, Energy Vault Labs, as disclosed in the Form 4.