Energy Vault director Stephanie Unwin sells $426,983 in shares

Stephanie Unwin, a director at Energy Vault Holdings, Inc. (NASDAQ:NRGV), sold 115,000 shares of common stock on August 26, 2026. The total value of the shares sold amounted to $426,983.

The shares were sold at a weighted average price of $3.7129 per share. The individual transactions occurred at prices ranging from $3.615 to $3.905. The sale was conducted to satisfy Ms. Unwin’s Australian tax liability incurred from the vesting of restricted stock units. The stock currently trades at $3.54, reflecting the company’s impressive 75% return over the past year.

Following this transaction, Ms. Unwin directly holds 182,245 shares of Energy Vault Holdings common stock. According to InvestingPro analysis, the stock is currently trading at Fair Value, with 12 additional ProTips available to subscribers. For deeper insights, investors can access the comprehensive Pro Research Report, available for NRGV and 1,400+ other US equities.

In other recent news, Energy Vault Holdings reported second-quarter 2026 revenue that exceeded Wall Street expectations, reaching $17.36 million compared to $8.5 million the previous year. This revenue surpassed analysts’ projections of $16.69 million, marking a significant increase of 104% from the same period a year earlier. Despite a slightly wider-than-expected loss per share of $0.15, compared to an anticipated loss of $0.14, the company improved its gross margin to 38.6%. Energy Vault has also raised its full-year 2026 revenue guidance to a range of $270 million to $310 million. The company’s backlog increased to approximately $2 billion, with expectations to approach $3 billion by the end of the year. Management highlighted stronger execution across its project pipeline, particularly in Australia, and noted the rising demand for fast power deployment. These developments reflect Energy Vault’s strategic focus on data centers and large users requiring behind-the-meter solutions.