Energy Vault (NRGV) Director Stephanie Unwin Sells 115,000 Shares

What Happened
Director Stephanie Unwin sold 115,000 shares of Energy Vault (NRGV) in open‑market transactions on August 26, 2026. The weighted average sale price was $3.71 per share (range $3.615–$3.905), generating approximately $426,984 in proceeds. The filing notes the sale was to satisfy the reporting person’s Australian tax liability arising from the vesting of restricted stock units (RSUs), which is a routine tax‑withholding sale rather than an investment bet.

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-08-28 (filed two days after the transaction).
• Transaction type/code: Sale (S) — open market/private sale; total shares sold: 115,000.
• Price: weighted average $3.71; reported per‑share range $3.615 to $3.905.
• Proceeds: ~$426,984.
• Shares owned after transaction: not specified in the information provided.
• Footnotes: F1 — shares sold to satisfy Australian tax liability on RSU vesting (tax withholding). F2 — weighted average price; reporting person will provide transaction‑by‑transaction price details on request.
• No 10b5‑1 plan or late filing flag was indicated in the provided data.

Context
Sales to cover tax withholding on RSU vesting are common and generally reflect administrative needs rather than a director’s view of the company’s prospects. Because this was a sale associated with RSU taxation (not a discretionary open‑market sell for investment reasons), it should be interpreted differently than a voluntary divestiture. The weighted average price and range are disclosed; more granular per‑trade pricing is available upon request as noted in the filing.