Romaninsky Samuel Darden 4

What Happened

• Samuel Darden Romaninsky, VP, General Counsel & Chief Compliance Officer of ENVIRI Corp (NVRI), had restricted stock units (RSUs) convert to common shares on 2026-03-04. A total of 5,655 shares were issued on conversion (reported as derivative exercises), and 2,597 of those shares were withheld to cover tax liabilities at an implied value of $18.16 per share (≈ $47,162). The net shares added to his holding from this vesting event were 3,058 shares (5,655 issued − 2,597 withheld).
• This was not an open-market sale or purchase by the insider; it was the vesting/conversion of equity awards with shares surrendered to satisfy tax withholding.

Key Details

• Transaction date: 2026-03-04; Form 4 filed 2026-03-06 (timely).
• Actions reported:
  • M (exercise/conversion of derivative): 5,655 shares acquired @ $0.00 (conversion of RSUs).
  • F (payment of exercise price or tax liability): 2,597 shares withheld @ $18.16 = $47,162 (tax withholding/sell-to-cover).
  • M (derivative disposition): 5,655 shares disposed @ $0.00 (reflects conversion mechanics on the Form 4).
• Net shares received from this vesting: 3,058 shares.
• Shares owned after the transaction: not specified in the filing.
• Footnote: The filing cites RSUs under the 2013 Equity and Incentive Compensation Plan; these RSUs convert on vesting (one-for-one) and typically vest in installments per the plan.

Context

• This is a routine equity-award vesting + tax-withholding event rather than a discretionary market sale or buy. The F code indicates shares were withheld to satisfy tax obligations (commonly called a "sell-to-cover" or withholding), not an open-market transaction.
• M denotes conversion/exercise of a derivative (here, RSUs converting into common stock); F denotes the withholding used to cover tax liability.