[Form 4] Nuvve Holding Corp. Insider Trading Activity

Rhea-AI Filing Summary

James Andrew Altucher, a director of Nuvve Holding Corp. (NVVE), acquired 100,000 shares of the issuer's common stock on 08/24/2025. The shares were issued as restricted stock units (RSUs) under the company's Amended and Restated 2020 Long-Term Incentive Plan, each RSU representing the right to one share. The RSUs vested immediately and were reported with a $0 per-share price on Form 4, resulting in 100,000 shares beneficially owned following the transaction. The filing is signed and dated 08/26/2025.

Insights

Securities Analyst

TL;DR: Director received 100,000 immediately vested RSUs, recorded as an acquisition at $0, now beneficially owning 100,000 shares.

The Form 4 documents a non-derivative acquisition by a director via RSUs that vested immediately. The report lists the transaction date as 08/24/2025 and shows a $0 price, consistent with an equity award rather than an open-market purchase. From a reporting perspective the filing is complete and conforms to Section 16 disclosure requirements. The filing does not state total outstanding shares or percentage ownership, so materiality relative to the company’s share base cannot be assessed from this document alone.

Corporate Governance Expert

TL;DR: Immediate vesting of RSUs to a director is disclosed; documentation is clear but lacks context on dilution or ownership percentage.

The submission specifies the award vehicle (RSUs under the 2020 LTIP) and that each unit converts to one share. The immediate vesting is explicitly stated, which is important for governance transparency. The Form 4 does not include termination, performance conditions, or grant approvals, so reviewers seeking governance context will need to consult the issuer’s proxy statement or equity plan disclosures for details on grant rationale and potential shareholder approvals.

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

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OMB Number:			3235-0287
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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^*

ALTUCHER JAMES ANDREW

(Last) (First) (Middle)

C/O NUVVE HOLDING CORP.

2488 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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/24/2025

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(1)	08/24/2025		A		100,000	A	$0	100,000	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 securities awarded are in the form of restricted stock units (RSUs) issued pursuant to the Issuer's Amended and Restated 2020 Long-Term Incentive Plan. Each RSU, which vested immediately, represents the right to receive one share of the Issuer's common stock.

Remarks:

	/s/ James Andrew Altucher	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 director James Altucher report on Form 4?

He reported acquiring 100,000 RSUs that vested immediately, representing 100,000 shares of Nuvve Holding Corp. common stock.

When was the transaction and when was the Form 4 filed for NVVE?

Transaction date: 08/24/2025. Form signed and dated: 08/26/2025.

At what price were the RSUs reported on the Form 4 (NVVE)?

Price reported: $0 per share, consistent with an equity award rather than a market purchase.

What type of award did the reporting person receive from NVVE?

Restricted Stock Units (RSUs) issued under the Issuer's Amended and Restated 2020 Long-Term Incentive Plan, each convertible to one share.

Does the Form 4 state how much of the company the 100,000 shares represent?

No. The filing lists the number of shares acquired and owned but does not provide total outstanding shares or percentage ownership.