Kozak Jennifer Ott 4

What Happened

• Jennifer Kozak Ott, Senior Vice President & Chief Human Resources Officer of ENVIRI Corp (NVRI), converted 10,165 restricted stock units (RSUs) into common shares on 2026-03-04. The RSUs had a per-share value of $18.16 at the time of conversion (total value ≈ $184,596).
• To cover tax withholding, 4,668 shares were surrendered/withheld (code F) for a value of $84,771. After withholding, Ms. Kozak Ott received a net 5,497 shares (value ≈ $99,826). The filing also records the derivative conversion/disposition entries related to the RSUs (code M).

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (timely filing).
• Conversion: 10,165 RSUs → 10,165 common shares (code M).
• Tax withholding: 4,668 shares withheld at $18.16/share = $84,771 (code F).
• Net shares issued to insider: 5,497 shares (≈ $99,826).
• Shares owned after transaction: Not specified in the filing.
• Footnote: These were restricted stock units granted under the 2013 Equity and Incentive Compensation Plan; RSUs vest one-third each year for three years (per filing footnote).

Context

• This was a vesting/conversion of RSUs, not an open-market purchase or sale. The withholding of shares to pay taxes (code F) is a routine administrative step and not a market sale by the insider.
• For retail investors, such conversions reflect compensation vesting rather than a direct signal of buying or selling conviction.