Chief Development and Operations Officer · Energy Vault Holdings, Inc. (NRGV)

Akshay Ladwa

A named executive officer of Energy Vault in every fiscal year CompBrief holds from FY2023 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$1,844,163

FY2024: $1,650,561

2nd of 3 named executive officers at Energy Vault by FY2025 total.

3 named officers on file for Energy Vault, FY2025

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What this number hides

The filing gives the total. Energy Vault’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed April 17, 2026 (DEF 14A).

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Akshay Ladwa compensation by year

Energy Vault Summary Compensation Table · all 3 fiscal years held
In US dollars, as Energy Vault reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$383,667$448,014$454,908
Bonus$88,000$150,000$204,351
Stock awards$0$951,500$810,305
Option awards$822,000$0$0
Non-equity incentive$92,586$89,547$371,546
Pension and deferred compensation$0$0$0
All other$4,548$11,500$3,053
Total$1,390,801$1,650,561$1,844,163

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Energy Vault Holdings, Inc. DEF 14A filed April 17, 2026, accession 0001104659-26-044894, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Energy Vault Holdings, Inc. filed document, accession 0001104659-26-044894. Every figure is read from that document and cited to the page and table it appears in. Filed April 17, 2026.

$1.4M
$1.7M
$1.8M
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU850,000$3,918,500—
RSU229,625$1,058,571—
RSU33,438$154,149—
Option200,040—$1.86

Per the Outstanding Equity Awards at Fiscal Year-End table in Energy Vault Holdings, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Energy Vault’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Robert PiconiChief Executive Officer and Chairman of the Board$6,432,731
Akshay Ladwa · this pageChief Development and Operations Officer$1,844,163
Michael BeerChief Financial Officer$890,955

Akshay Ladwa's compensation dossier, Energy Vault

You have read Akshay Ladwa's totals and holdings. The dossier adds each equity grant Energy Vault disclosed for Akshay Ladwa and Energy Vault's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full Energy Vault compensation record

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This page is one person within Energy Vault's record. The company brief lists every named executive, each linking to their own page.

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Energy Vault's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Akshay Ladwa's compensation dossier