SEC Form 4 · accession 0002148111-26-000003
Energy Vault Holdings, Inc. · NRGV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nitin Dahiya
Officer — Chief Financial Officer
Period of report
Aug 4, 2026
Accepted (ET)
Aug 6, 2026 · 4:33 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001828536
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 4, 2026 | A | 400,000 | $0.00 | A | 400,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitsF2 | — | Aug 4, 2026 | A | 400,000 | A | — | Sep 30, 2030 | Common Stock | 400,000 | 400,000 | D |
Explanation of responses
- F1Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer 's Common Stock. The RSUs will vest as to 25% of the underlying shares on September 30, 2027, and as to the remaining of the underlying shares in 12 substantially similar quarterly installments thereafter.
- F2Represents an award of performance restricted stock units ("PRSUs"). The PRSUs are eligible to vest based on certain share price targets commencing on the first anniversary of the vesting commencement date, subject to the applicable minimum service period. The PRSUs will vest in three tranches as follows: (i) 50,000 upon achievement of an $8.00 Share Price Target, provided the reporting person is continuously employed through the first anniversary of the vesting commencement date for a minimum of twelve months, (ii) 150,000 upon achievement of a $10.00 Share Price Target, provided the reporting person remains continuously employed through the second anniversary of the vesting commencement date for a minimum of twenty-four months, and (iii) 200,000 upon achievement of a $12.00 Share Price Target, provided the reporting person remains continuously employed through the third anniversary of the vesting commencement date for a minimum of thirty-six months.