Energy Vault Holdings director Stephanie Unwin sold 115,000 common shares on August 26, 2026, for $426,983 at a weighted average price of $3.7129 per share, according to regulatory filings.
The sale was conducted to satisfy a tax liability incurred in Australia from the vesting of restricted stock units. Unwin retained 182,245 shares of Energy Vault following the transaction, with the stock trading at $3.54 at the time of reporting.
The company reported second-quarter 2026 revenue of $17.36 million, exceeding analyst projections of $16.69 million and up 104% from $8.5 million in the prior-year period. The quarterly loss per share was $0.15, slightly wider than the expected $0.14.
Energy Vault raised its full-year 2026 revenue guidance to a range of $270 million to $310 million, citing stronger execution across its project pipeline, particularly in Australia. Gross margin improved to 38.6%, while backlog reached approximately $2 billion, with management targeting $3 billion by year-end.
The company emphasized rising demand for fast power deployment, focusing on data centers and large users requiring behind-the-meter solutions.
