Vadaketh Tom George 4

What Happened

• Vadaketh Tom George, SVP and CFO of ENVIRI Corp (NVRI), had 29,943 restricted stock units (RSUs) convert to common shares on 2026-03-04. To satisfy tax withholding, 13,922 of those shares were surrendered at a price of $18.16 per share for a total withholding value of $252,824. The filing also records the related derivative conversion entries.

Key Details

• Transaction dates: March 4, 2026 (reported on Form 4 filed March 6, 2026).
• Conversions/Exercised: 29,943 shares reported as converted from derivatives (code M) at $0.00 (no cash exercise price).
• Tax withholding: 13,922 shares disposed (code F) at $18.16, totaling $252,824, to cover tax obligations.
• Additional entry: filing lists a derivative disposal (29,943 shares, code M, $0.00) associated with the conversion—this is a technical reporting entry related to the RSU settlement.
• Shares owned after the transaction: not specified in this filing.
• Filing timeliness: Report covers 3/4/2026 and was filed 3/6/2026 (no late filing indicated).

Context

• These transactions reflect RSU vesting and a typical "sell-to-cover" (withholding) to pay taxes, not an open-market sale or purchase signal. Footnote: the RSUs were granted under the 2013 Equity and Incentive Compensation Plan and vest one-third per year over three years.