Hochman Russell C. 4
4 · ENVIRI Corp · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
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
ENVIRI CorpNVRI
Hochman Russell C.
President & COO
Transactions
- Exercise/Conversion
Common Stock
2026-03-11+11,780→ 230,145 total - Tax Payment
Common Stock
2026-03-11$17.94/sh−5,459$97,934→ 224,686 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-11−11,780→ 44,942 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