ENVIRI Corp·4

Mar 13, 2:56 PM ET

Vadaketh Tom George 4

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ENVIRI (NVRI) SVP/CFO Vadaketh Tom George Exercises RSUs

What Happened Vadaketh Tom George, SVP and CFO of ENVIRI Corp (NVRI), had 21,172 restricted stock units (RSUs) convert to common shares on 2026-03-11. The filing shows 21,172 shares were issued on conversion (transaction code M) and 9,723 of those shares were withheld to cover tax liabilities at $17.94 per share, generating $174,431 (transaction code F). Net shares delivered to Mr. George from the vesting were 11,449 (21,172 less 9,723).

Key Details

  • Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (appears timely).
  • Conversion: 21,172 RSUs converted to 21,172 shares (M) at $0.00 reported price.
  • Tax withholding: 9,723 shares withheld/disposed at $17.94 each = $174,431 (F).
  • Net shares received: 11,449 shares.
  • Footnote: RSUs were granted under the 2013 Equity and Incentive Compensation Plan; RSUs represent a contingent right to one-for-one common stock when vesting; vesting typically occurs in one-third increments on each of the first three anniversaries of grant (per filing).
  • No open-market sale reported — the disposal was to satisfy tax withholding, not a market sale.

Context This transaction reflects routine vesting and tax withholding of RSUs (a compensation event), not a purchase or a discretionary sale. Transaction codes: M = exercise/conversion of a derivative (RSU conversion), F = payment of tax liability via share withholding. The filing does not, in this excerpt, state total shares owned by Mr. George after the transaction beyond the net delivered shares from this vesting.