Robert Piconi compensation by year
Energy Vault Summary Compensation Table · all 6 fiscal years held| Component | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Salary | $340,312 | $514,824 | $710,425 | $808,421 | $783,703 | $901,164 |
| Bonus | $43,600 | $430,550 | $0 | $0 | $329,580 | $1,573,629 |
| Stock awards | $0 | $3,586,359 | $20,092,548 | $0 | $5,363,000 | $2,383,250 |
| Option awards | $0 | $0 | $0 | $3,151,000 | $0 | $0 |
| Non-equity incentive | $0 | $0 | $1,019,859 | $0 | $177,855 | $1,247,277 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $0 | $105,651 | $128,943 | $297,814 | $388,757 | $327,411 |
| Total | $383,912 | $4,637,384 | $21,951,775 | $4,257,235 | $7,042,895 | $6,432,731 |
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.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 2,500,000 | $11,525,000 | — |
| PSU | 1,300,000 | $5,993,000 | — |
| RSU | 1,294,250 | $5,966,493 | — |
| PSU | 199,048 | $917,611 | — |
| RSU | 162,500 | $749,125 | — |
| Option | 766,820 | — | $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 officer | Role | FY2025 total |
|---|---|---|
| Robert Piconi · this page | Chief Executive Officer and Chairman of the Board | $6,432,731 |
| Akshay Ladwa | Chief Development and Operations Officer | $1,844,163 |
| Michael Beer | Chief Financial Officer | $890,955 |
Board service
Energy Vault board · FY2023–FY2025How this board is paid
Company policy: Energy Vault pays directors a $75,000 cash retainer and $100,000 in equity. As stated in Energy Vault's FY2025 proxy.
Committees
Audit
The full Energy Vault compensation record
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Compensation, the day it’s disclosed
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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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