Energy Vault Holdings Inc.

08/06/2026 | Press release | Distributed by Public on 08/06/2026 14:34

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Dahiya Nitin
2. Issuer Name and Ticker or Trading Symbol
Energy Vault Holdings, Inc. [NRGV]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
4165 EAST THOUSAND OAKS BLVD,, SUITE 100
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026
(Street)
WESTLAKE VILLAGE, CA 91362
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/04/2026 A 400,000(1) A $ 0 400,000 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Restricted Stock Units (2) 08/04/2026 A 400,000(2) (2) 09/30/2030 Common Stock 400,000 $ 0 400,000 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Dahiya Nitin
4165 EAST THOUSAND OAKS BLVD,
SUITE 100
WESTLAKE VILLAGE, CA 91362
Chief Financial Officer

Signatures

/s/ Amy Blakeway, Chief Legal Officer 08/06/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents 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.
(2) Represents 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.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Energy Vault Holdings Inc. published this content on August 06, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 06, 2026 at 20:34 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]