GRASBERGER F NICHOLAS III 4

What Happened

• Nicholas F. Grasberger III, Chairman & CEO and a director of Enviri Corp (NVRI), had 52,564 restricted stock units (RSUs) convert to common stock on 2026-03-04 (recorded as derivative exercise/conversion, code M). To satisfy tax withholding, 24,138 of those shares were surrendered (code F) at an implied value of $18.16 per share for a total tax withholding of $438,346. Net shares issued to him = 52,564 - 24,138 = 28,426.

Key Details

• Transaction date: 2026-03-04; Form 4 filed 2026-03-06 (appears timely).
• Exercise/conversion price shown as $0.00 for the vested RSUs (code M); tax withholding disposal at $18.16 per share (code F) totaling $438,346.
• Shares owned after the transaction were not provided in the supplied data.
• Footnote: These were restricted stock units under the 2013 Equity and Incentive Compensation Plan; RSUs vest in one‑third increments on each of the first three anniversaries of the grant (F1).
• No 10b5-1 plan or gift codes reported.

Context

• This was not a market purchase or sale for investment cash: it reflects RSUs vesting and conversion into common stock, with a portion withheld to cover taxes (a common administrative action). Code M = exercise/conversion of a derivative (here, RSUs); code F = shares withheld for tax obligations. Such vesting events are routine and reflect compensation vesting rather than an open-market buy or sell.