Beer Michael Thomas 4

What Happened Michael Thomas Beer, Chief Financial Officer of Energy Vault Holdings, had 15,693 shares withheld by the company to satisfy tax withholding on vested restricted stock units (RSUs). The withholding was recorded at $4.61 per share, totaling approximately $72,345. This was a tax-withholding disposal, not an open-market sale.

Key Details

• Transaction date: 2026-01-22 (reported on Form 4 filed 2026-01-23)
• Shares withheld/disposed: 15,693 at $4.61 each; total value ≈ $72,345
• Transaction code: F — shares withheld to satisfy tax liability on vesting of RSUs
• Shares owned after transaction: Not specified in the provided filing summary
• Filing timeliness: Reported on 2026-01-23 for a 2026-01-22 transaction; no late filing indicated in the summary

Context Tax-withholding by the issuer on vesting RSUs is a routine administrative action (often called a cashless or net settlement) and does not reflect an open-market sale of shares by the insider. It generally does not indicate a change in insider sentiment about the company.