Energy Vault Holdings director Stephanie Unwin sold 115,000 shares of common stock on August 26, 2026, for a total of $426,983 at a weighted average price of $3.7129 per share.
The transaction price ranged from $3.615 to $3.905 per share. Unwin stated the sale was executed to cover Australian tax obligations arising from the vesting of restricted stock units. Following the disposition, she retains direct ownership of 182,245 Energy Vault shares.
Energy Vault’s stock was trading at $3.54 on the day of the sale, up 75% over the prior 12 months. The company reported second-quarter 2026 revenue of $17.36 million, exceeding market expectations of $16.69 million and more than doubling from $8.5 million in the same period a year earlier. Earnings per share came in at a loss of $0.15, slightly above the estimated $0.14.
Gross margin improved to 38.6% as the company raised its full-year 2026 revenue guidance to a range of $270 million to $310 million. Energy Vault’s project backlog reached approximately $2 billion, with management targeting a backlog near $3 billion by year-end. The company cited strong execution in Australia and growing demand for rapid energy deployment, including data center and large consumer behind-the-meter solutions.
