Piconi Robert 4

What Happened

• Robert Piconi, CEO of Energy Vault Holdings, reported a purchase of 7,500 shares on 2026-02-26 at $3.25 per share, with a reported total value of $24,413. The transaction is reported as a purchase (code P), described as an open market or private purchase.

Key Details

• Transaction date and price: 2026-02-26, 7,500 shares @ $3.25.
• Reported total value: $24,413 (per the Form 4).
• Ownership after transaction: not disclosed in this filing.
• Footnotes: F1 — shares purchased in one transaction at the listed price; F2/F3 — shares are held by the Piconi 2021 Delaware Trust and the Piconi Family 2021 Delaware Trust, for which Robert Piconi serves as investment advisor.
• Filing timeliness: Form 4 filed on 2026-02-26 (same day as the reported transaction), indicating a timely report.

Context

• This was a direct purchase (P), not an option exercise or award. Purchases by executives can be interpreted by investors as a positive signal, but filings do not state motive. Because the shares are held in trusts for which Piconi is investment advisor, this may reflect trust portfolio activity rather than a direct personal purchase.