Ertel Thomas R 4

What Happened Thomas R. Ertel, a director of Energy Vault Holdings, Inc. (NRGV), was granted 22,026 restricted stock units (RSUs) on 2026-05-29. The award was recorded at $0.00 per unit (total $0) because RSUs represent a contingent right to receive shares in the future rather than an immediate cash purchase. According to the filing, the RSUs vest on June 1, 2027, subject to Mr. Ertel’s continued service on the board.

Key Details

• Transaction date: 2026-05-29; Form 4 filed: 2026-06-01.
• Grant type/code: A = Award/Grant (RSUs). Price per unit reported: $0.00; total reported value: $0.
• Number of RSUs granted: 22,026. Each RSU represents the contingent right to one share of common stock (see footnote).
• Vesting: RSUs vest on 2027-06-01, contingent on continued Board service (per footnote F1).
• Shares owned after transaction: Not disclosed in this filing.
• Filing timing: Form 4 filed within days of the award (transaction dated 5/29/2026; filing dated 6/1/2026).

Context RSU grants are a common form of long-term compensation for executives and directors and do not represent an immediate purchase or sale of shares. They typically convert to stock (and become taxable) only when they vest and are settled. This type of transaction is routine compensation-related equity grants and should be interpreted as a compensation event rather than a direct signal of buying or selling sentiment.