[Form 4] Nuvve Holding Corp. Insider Trading Activity

Rhea-AI Filing Summary

Gregory Poilasne, Chief Executive Officer and Director of Nuvve Holding Corp. (NVVE), reported an open-market sale of common stock on 08/22/2025. The Form 4 shows 200,000 shares were disposed of at a volume-weighted average price of $0.4725 per share, with the reported intraday price range $0.47 to $0.48. After the sale the filing lists 333,474.784 shares beneficially owned by the reporting person in a direct capacity. The sale was signed and dated by Mr. Poilasne on 08/26/2025. The filer notes the issuer can provide detailed per-transaction share counts on request.

Positive

• Timely disclosure of insider sale filed on Form 4 with signature dated 08/26/2025
• Includes VWAP and intraday price range ($0.4725 VWAP; $0.47–$0.48 range) which aids transparency
• Reporting person identified and roles disclosed (Chief Executive Officer and Director)

Negative

• Insider sale of 200,000 shares could be perceived negatively by some investors despite lacking context
• Aggregated reporting—filing indicates detailed per-transaction counts are available from the issuer rather than listing exact per-trade quantities, reducing immediate granularity

Insights

Financial Analyst

TL;DR: Insider sale of 200,000 NVVE shares at $0.4725 VWAP, disclosed via Form 4; appears routine rather than transformational.

The transaction is a clear, timely disclosure of an open-market sale by the CEO and director, with a VWAP of $0.4725 and an intraday price range of $0.47–$0.48. The filing reports remaining direct beneficial ownership of 333,474.784 shares. Without additional context on total outstanding shares or prior sale history, this sale alone does not indicate a material change to company control or immediate balance-sheet impact. Investors may view insider sales as liquidity actions rather than signal of company fundamentals based solely on this filing.

Corporate Governance Expert

TL;DR: Form 4 shows compliant disclosure of insider sale; governance processes appear followed but disclosure lacks transaction-level granularity.

The Form 4 fulfills Section 16 disclosure requirements by identifying the reporting person, relationship to the issuer, transaction date, and aggregate shares sold with VWAP and price range. The filing notes that detailed per-transaction share counts are available from the issuer, suggesting aggregated reporting. From a governance perspective, timely filing and signature (08/26/2025) are positives. However, aggregated reporting reduces immediate transparency about exact execution slices; some investors prefer full per-trade details for clearer signal assessment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Poilasne Gregory

(Last) (First) (Middle)

C/O NUVVE HOLDING CORP.

2468 HISTORIC DECATUR ROAD, SUITE 200

(Street)

SAN DIEGO CA 92106

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Nuvve Holding Corp. [ NVVE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/22/2025		S		200,000	D	$0.4725(1)	333,474.784	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The common stock was sold by the Reporting Person in open market transactions on the transaction date, with a volume weighted average sales price of $0.4725 per share. The range of sales prices on the transaction date was $0.47 to $0.48 per share. Detailed information on the exact number of shares can be obtained from the Issuer upon request.

Remarks:

	/s/ Gregory Poilasne	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did NVVE CEO Gregory Poilasne report on Form 4?

He reported an open-market sale of 200,000 common shares on 08/22/2025 with a VWAP of $0.4725 and an intraday price range of $0.47–$0.48.

How many NVVE shares does Gregory Poilasne beneficially own after the sale?

The Form 4 lists 333,474.784 shares beneficially owned by Mr. Poilasne in a direct capacity following the reported transactions.

When was the Form 4 signed and filed?

The Form 4 was signed by Gregory Poilasne and dated 08/26/2025.

Does the filing show the exact per-trade breakdown of the 200,000 shares?

No. The filing states the common stock was sold in open-market transactions and that detailed per-transaction counts can be obtained from the issuer upon request.

Was this transaction reported as direct or indirect ownership change?

The Form 4 indicates the ownership form as Direct (D) for the reported sale and the remaining beneficial ownership.