secwatch.observer — SEC 8-K summary
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Issuer:     Energy Vault Holdings, Inc. (NRGV)
CIK:        0001828536
Form:       8-K/A
Filed at:   2024-04-19T23:59:59+00:00
Accession:  0001828536-24-000075
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ex-CFO van Gaalen gets $99K severance, COBRA, accelerated RSU vesting
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- Last day as CFO was April 15, 2024; separation agreement terms disclosed in 8-K/A.
- Lump sum severance of $99,302.91 plus reimbursement of COBRA premiums for up to 5 months.
- 46,875 RSUs accelerate vest; remaining 125,000 unvested RSUs forfeited.
- Standard release of claims including ADEA, with 21-day review and 7-day revocation period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828536/000182853624000075/0001828536-24-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828536/000182853624000075/nrgv-20240404.htm
  HTML page:      https://secwatch.observer/filing/0001828536-24-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer