January 30, 2026 · Form 4 insider transaction
Beer Michael Thomas bought 200,000 shares of NRGV at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 0 days after the transaction.
On April 15, 2024, the Reporting Person was granted a performance-based restricted stock unit ("PSU") award under the Energy Vault Inc.'s 2022 Equity Incentive Plan covering 600,000 Performance RSUs that will vest immediately upon achievement of the following stock performance objectives: the Company's share price achieving a daily closing trading price at or above certain price levels for 20 trading days within any 30 trading day period during the period beginning on the first anniversary of the date of grant and ending on the fourth anniversary of the date of grant: $3.50, $4.50, and $5.50 per share. Upon the achievement of each price threshold as described in this paragraph, approximately 33% of the Performance RSUs (200,000 shares) shall vest, subject to the Reporting Person's continued service. The company achieved the price threshold of $3.50 on December 31, 2025 and the price threshold of $4.50 on January 7, 2026.