[6-K] Wallbox N.V. Warrants, each warrant to purchase one Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Keysight Technologies (KEYS) filed a Form 4 showing that Executive Vice President and Chief Financial Officer Neil Dougherty sold 12,215 shares of common stock on 30 June 2025. The trade, designated with transaction code “S,” was executed at a weighted-average price of $164.6002 per share. Following the sale, Dougherty’s direct beneficial ownership stands at 115,228.206 shares. No derivative transactions were reported, and the filing indicates the transaction was executed directly (ownership code “D”). This disclosure gives investors visibility into senior management’s trading activity and current equity alignment.

Positive

• Management alignment remains substantial: After the sale, the CFO still holds 115,228.206 KEYS shares, indicating continued skin in the game.

Negative

• Insider sale of 12,215 shares: Open-market disposal at $164.6002 may raise modest concern about executive confidence in near-term share performance.

Insights

Financial Analyst

TL;DR: CFO sold 12,215 KEYS shares; size small relative to remaining stake, impact neutral for valuation.

The sale represents limited dollar volume for a large-cap company and leaves the CFO with more than 115 thousand shares, preserving meaningful alignment with shareholders. No pattern of systematic selling is indicated, and there are no accompanying negative disclosures (e.g., guidance cuts or litigation). As such, the transaction appears to be routine portfolio management rather than a signal of deteriorating fundamentals. I view the impact on investor sentiment as neutral.

Corporate Governance Expert

TL;DR: One-off open-market sale by CFO; governance risk low, monitoring warranted.

Insider sales warrant scrutiny, but context matters. Dougherty remains a significant shareholder and retains executive responsibilities. The Form 4 shows no 10b5-1 plan notation, yet single-day volume is modest and properly disclosed within two business days, consistent with Section 16 requirements. Absent a selling pattern or simultaneous negative news, corporate governance risk is minimal. Continued monitoring of future filings will confirm whether this is routine diversification or emerging concern.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2025

Commission File Number: 001-40865

Wallbox N.V.

(Translation of registrant’s name into English)

Carrer del Foc, 68

Barcelona, Spain 08038

Tel: +34 930 181 668

(address of principal executive offices)

Indicate by check mark whether the registrant files, or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

EXPLANATORY NOTE

Annual General Meeting Results

On June 30, 2025, Wallbox N.V. (the “Company” or “Wallbox”) held its annual general meeting of shareholders (the “AGM”). At the AGM, a total of 184,411,462 of the Company’s Class A ordinary shares (“Class A Shares”) and Class B ordinary shares (“Class B Shares”) were represented by proxy, representing approximately 72.3% in voting power of the Company’s ordinary shares as of the June 2, 2025 record date. Each Class A Share is entitled to one vote, and each Class B Share is entitled to 10 votes. The Class A Shares and the Class B Shares voted together as a class on each of the voting items presented at the AGM.

The following are the voting results for the voting items considered and voted upon at the AGM, each as described in the convocation notice and explanatory notes thereto made available to shareholders on May 30, 2025.

Voting Item 1: Adoption of the Annual Accounts for the Financial Year 2024

For		Against		Abstain
305,753,151		51,049		114,399

Voting Item 2: Discharge from Liability of the Directors for the Performance of Their Duties During the Financial Year 2024

For		Against		Abstain
305,193,437		379,456		345,706

Voting Item 3(a): Reappointment of Enric Asunción Escorsa as Executive Director

For		Against		Abstain
305,493,376		289,481		135,742

Voting Item 3(b): Reappointment of Beatriz González Ordóñez as Non-executive Director

For		Against		Abstain
305,490,672		292,050		135,877

Voting Item 3(c): Reappointment of Francisco J. Riberas Mera as Non-executive Director

For		Against		Abstain
305,492,484		289,905		136,210

Voting Item 3(d): Reappointment of Ferdinand Schlutius as Non-executive Director

For		Against		Abstain
305,515,136		259,254		144,209

Voting Item 3(e): Reappointment of Jordi Lainz Gavalda as Non-executive Director

For		Against		Abstain
305,508,693		264,721		145,185

Voting Item 3(f): Appointment of Juan González del Castillo Burgos as Non-executive Director

For		Against		Abstain
305,521,829		258,603		138,167

Voting Item 4: Authorization of the Board to Acquire Shares in its Own Capital

For		Against		Abstain
267,566,216		38,239,134		113,249

Voting Item 5: Designation of the Board as the corporate body authorized to issue shares and grant rights to subscribe for shares

For		Against		Abstain
267,221,557		38,421,447		275,595

Voting Item 6: Designation of the Board as the corporate body authorized to limit and/or exclude pre-emptive rights in relation to an issuance of shares or a granting of rights to subscribe for shares

For		Against		Abstain
267,225,037		38,421,870		271,692

Voting Item 7: Reappointment of Ernst & Young Accountants, LLP as external auditor for the financial year 2025

For		Against		Abstain
305,742,909		44,192		131,498

Voting Item 8: Increase of the authorized capital and amendment of the articles of association of the Company

For		Against		Abstain
305,339,084		303,018		276,497

Voting Item 9: Reverse stock split and amendment of the articles of association of the Company

For		Against		Abstain
295,895,118		604,477		9,419,004

Voting Item 10: Cancellation of fractional shares held or acquired by the Company

For		Against		Abstain
296,095,594		150,894		9,672,111

Voting Item 11: Offset of losses against share premium

For		Against		Abstain
305,417,885		226,631		274,083

Based on the foregoing votes, the shareholders approved each of such voting items.

Approval of Reverse Stock Split

At the AGM, the shareholders approved a reverse stock split of the Class A Shares in the capital of the Company, Class B Shares in the capital of the Company and ordinary conversion shares in the capital of the Company (together with the Class A Shares and the Class B Shares, the “Shares”), with a range between 10:1 and 40:1 as determined by the Company’s Board of Directors (the “Board”) in its discretion. Following the AGM, the Board approved a 1-for 20 reverse stock split (the “Reverse Stock Split”) of the Company’s Shares.

The Reverse Stock Split is expected to become effective on July 3, 2025 Central European Summer Time (the “Effective Time”), with the Company’s Class A Shares to halt trading at 7:50 p.m. Eastern Time on July 2, 2025, and begin trading on a split-adjusted basis on July 3, 2025 under the existing symbol “WBX” and new CUSIP number N94209 124. In connection with the Reverse Stock Split, every 20 shares of the Company’s Shares issued as of the Effective Time will be automatically converted into one share. Any fractional shares created as a result of such consolidation and conversion will be subject to the rights specified in Article 38 of the draft Deed of Amendment of the Articles of Association of the Company, as further described in the Company’s Convocation Notice and Explanatory Notes included at Exhibit 99.2 to the Company’s Form 6-K furnished with the Securities and Exchange Commission (the “SEC”) on May 30, 2025.

As a result of the Reverse Stock Split, proportionate adjustments will be made to the number of Shares underlying the Company’s outstanding warrants, equity awards and any other rights to receive Class A shares or Class B Shares, as well as the number of shares that remain issuable under the Company’s equity incentive plans and existing agreements and the related exercise or conversion price, as applicable.

Forward Looking Statements

This Form 6-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). All statements contained in this Form 6-K other than statements of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the Reverse Stock Split process and the expected Effective Time. The words “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “expect,” “focus,” “forecast,” “intend,” “likely,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “”target,” will,” “would” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, risks relating to the Company’s Reverse Stock Split and timing thereof; the Company’s ability to comply with the continued listing rules of the New York Stock Exchange; and the other important factors discussed under the caption “Risk Factors” in the Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2024, as such factors may be updated from time to time in its other filings with the SEC, accessible on the SEC’s website at www.sec.gov and the Investors Relations section of Wallbox’s website at investors.wallbox.com. Any such forward-looking statements represent management’s estimates as of the date of this Form 6-K. Any forward-looking statement that Wallbox makes in this Form 6-K speaks only as of the date of such statement. Except as required by law, Wallbox disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.

Incorporation by Reference

The information included in this Report on Form 6-K is hereby incorporated by reference into the Company’s Registration Statement on Form S-8 (File No. 333-263795) and Registration Statements on Form F-3, as amended (Files No. 333-268347, 333-268792, 333-271116, 333-273323, 333-276491 and 333-281952), and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

By:		/s/ Enric Asunción Escorsa
Name:		Enric Asunción Escorsa
Title:		Chief Executive Officer

Date: July 2, 2025

FAQ

How many KEYS shares did CFO Neil Dougherty sell on 30 June 2025?

He sold 12,215 shares of Keysight Technologies common stock.

What was the average sale price reported in the Form 4?

The weighted-average sale price was $164.6002 per share.

How many KEYS shares does the CFO own after the transaction?

Neil Dougherty now directly owns 115,228.206 shares.

What transaction code was used for the sale?

The filing lists transaction code “S” indicating an open-market sale.

Were any derivative securities involved in this filing?

No. The Form 4 reports no derivative transactions for this event.