Ladwa Akshay 4

What Happened
Akshay Ladwa, Chief Operations Officer of Energy Vault Holdings, had 15,711 shares withheld by the company on January 22, 2026 to satisfy tax withholding tied to the vesting of restricted stock units (RSUs). The filing lists the per-share value at $4.61, a disposition value of $72,428. This is a withholding for taxes (code F), not an open-market sale.

Key Details

• Transaction date: 2026-01-22; Filing date: 2026-01-23 (filed the next day).
• Shares withheld/disposed: 15,711 shares at $4.61 per share; total value reported $72,428.
• Transaction code: F (shares withheld to satisfy tax liability on RSU vesting).
• Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person's tax liability on vesting of restricted stock units.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.

Context
Share withholding to cover taxes on vested RSUs is a common administrative action and does not necessarily reflect a manager’s view on the company’s stock—it's a routine tax-payment method rather than a market sale. This is not a purchase signal; it’s a cashless settlement of tax obligations tied to compensation.