GRASBERGER F NICHOLAS III 4

What Happened
Nicholas Grasberger, Chairman and CEO of ENVIRI Corp (NVRI), had 36,077 restricted stock units (RSUs) convert into common stock on 2026-03-11 (reported on Form 4). Of those shares, 16,567 shares were transferred/withheld at $17.94 per share to satisfy tax withholding obligations—reported proceeds/value of $297,212. The conversion shows 36,077 shares acquired and a corresponding withholding/disposition; the net shares delivered to Grasberger were 19,510 (36,077 − 16,567).

Key Details

• Transaction date: 2026-03-11; Form 4 filed 2026-03-13 (appears timely).
• Conversion/acquisition: 36,077 shares recorded as conversion of derivative (code M) at $0.00 (no cash exercise price).
• Tax withholding/payment: 16,567 shares disposed under code F at $17.94 per share — $297,212 indicated.
• Net shares received by insider: 19,510 common shares after withholding.
• Footnote: These were restricted stock units (RSUs) granted under the 2013 Equity and Incentive Compensation Plan; RSUs vest in one-third increments over three years.
• Shares owned after transaction: not specified in the provided excerpt of the filing.

Context
This was a routine equity compensation vesting/settlement (conversion of RSUs), not an open-market purchase or voluntary sale to express market sentiment. The withholding of shares to satisfy tax obligations is a common settlement method (cashless withholding). The filing did not indicate any 10b5-1 plan or gifting; no evidence of late filing in the provided data.