Paulson Larry 4

What Happened Larry Paulson, a director of Energy Vault Holdings, Inc. (NRGV), purchased 5,000 shares on February 27, 2026. The shares were acquired at $3.15 per share for a total of approximately $15,726. This was a purchase (transaction code P), which is typically viewed as a straightforward acquisition rather than a sale.

Key Details

• Transaction date: 2026-02-27; Filing date: 2026-03-02 (appears timely under the SEC’s two-business-day rule).
• Price and amount: 5,000 shares at $3.15 per share; total ≈ $15,726.
• Transaction type: P — open market or private purchase (footnote confirms a single transaction at the listed price).
• Ownership after transaction: Not specified in this Form 4 (no post-transaction total reported).
• Footnote on ownership: Shares are owned directly by the "Larry M and Gretchen V Paulson Family Trust dated September 4, 2019." Mr. Paulson is a trustee and disclaims beneficial ownership of the trust’s securities except to the extent of his pecuniary interest.

Context

• Purchases by insiders can be of interest to retail investors because they may reflect confidence by those with access to company information, but filings do not state motive.
• Because the shares are held in a family trust and Mr. Paulson disclaims beneficial ownership except for his pecuniary interest, the trust — not necessarily Mr. Paulson personally — is the legal owner reported on the Form 4.