ENVIRI Corp·4

Mar 13, 2:55 PM ET

Hochman Russell C. 4

4 · ENVIRI Corp · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated

ENVIRI (NVRI) President Russell C. Hochman Exercises RSUs, Sells Shares for Taxes

What Happened

  • Russell C. Hochman, President & COO of ENVIRI Corp (NVRI), had restricted stock units convert into common shares on 2026-03-11. The filing shows 11,780 shares were issued on conversion (acquired at $0.00). To cover tax withholding, 5,459 shares were disposed at $17.94 each, totaling about $97,934. The Form 4 also records a corresponding derivative disposition entry related to the conversion.

Key Details

  • Transaction date: 2026-03-11; filing date: 2026-03-13 (timely filing).
  • Conversion: 11,780 shares acquired at $0.00 (derivative conversion of RSUs).
  • Tax withholding: 5,459 shares disposed at $17.94 = $97,934 (code F — tax withholding).
  • Footnote: RSUs were granted under the 2013 Equity and Incentive Compensation Plan and vest in one-third increments over three years (these were vested units converting to stock).
  • Shares owned after the transaction: not specified in the provided excerpt.

Context

  • This was a routine RSU vesting and conversion, not an open-market purchase or voluntary sale for cash beyond the tax withholding. The F-code disposal indicates the company withheld shares to satisfy tax liabilities (a common cashless-withholding method). The filing appears timely (filed two days after the transaction).

Insider Transaction Report

Form 4
Period: 2026-03-11
Hochman Russell C.
President & COO
Transactions
  • Exercise/Conversion

    Common Stock

    2026-03-11+11,780230,145 total
  • Tax Payment

    Common Stock

    2026-03-11$17.94/sh5,459$97,934224,686 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1]
    2026-03-1111,78044,942 total
    Common Stock (11,780 underlying)
Footnotes (1)
  • [F1]Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right to receive Enviri common stock on a one-for-one basis when the restricted stock units vest. The restricted stock units vest in one-third increments on each of the first three anniversaries of the date of the grant.
Signature
/s/ Russell C. Hochman|2026-03-13

Documents

1 file
  • 4
    wk-form4_1773428114.xmlPrimary

    FORM 4