Energy Vault: Chief operations officer Ladwa Akshay sold 52,721 shares

What happened Ladwa Akshay, chief operations officer, had 52,721 shares withheld to satisfy tax liability on vesting of restricted stock units; the filing reports a value of $209,302 at $3.97 per share on Sep 30, 2026.

Key details

• Transaction date and price: Sep 30, 2026 at $3.97 per share.
• Transaction code: F (payment of exercise price or tax liability — tax withholding).
• Shares owned after the transaction: not reported in this Form 4.
• Footnote F1: "Represents shares withheld by the Issuer to satisfy the reporting person's tax liability on vesting of restricted stock units. Not a market sale."
• Filing date: Oct 2, 2026; the filing does not indicate it was late.

Why it may matter

• This was a tax-withholding disposal tied to RSU vesting, not a market sale of shares.
• A filing does not show why the insider traded or why the company acted.