Mandanas Mary Beth 4

What Happened
Mary Beth Mandanas, a director of Energy Vault Holdings, was awarded 22,026 restricted stock units (RSUs) on 2026-05-29. The Form 4 reports the acquisition price as $0 (award/grant code A). These RSUs represent a contingent right to receive one share of common stock per RSU and will vest on June 1, 2027, subject to her continued board service.

Key Details

• Transaction date: 2026-05-29; Form 4 filed: 2026-06-01 (timely filing).
• Transaction type/code: Award/Grant (A); reported acquisition price: $0; reported value: $0.
• Quantity: 22,026 RSUs (each converts to one share upon vesting).
• Vesting: RSUs vest on June 1, 2027, contingent on continued board service (per footnote).
• Shares owned after transaction: Not disclosed in the filing.
• No 10b5-1 plan, tax withholding, or sale noted in this filing.

Context
This was a compensation award (RSUs), not an open-market purchase or sale. Such grants are common for board compensation and are distinct from purchases/sales that might signal immediate insider sentiment. The award is a derivative grant that only results in shares if vesting conditions are satisfied.