Hochman Russell C. 4/A
4/A · ENVIRI Corp · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
ENVIRI (NVRI) President & COO Russell C. Hochman Sells 7,338 Shares (Tax Withholding)
What Happened
Russell C. Hochman, President & COO of ENVIRI Corp (NVRI), had 7,338 shares disposed on March 9, 2026 to satisfy a tax obligation (reporting code F). The shares were recorded at $17.95 each, for a total value of approximately $131,717. This transaction reflects tax withholding related to an option exercise (i.e., sell-to-cover), not an open-market sale indicating a directional bet.
Key Details
- Transaction date: 2026-03-09
- Transaction type/code: Payment of exercise price or tax liability (F) — shares withheld/sold to cover taxes
- Shares disposed: 7,338 at $17.95 per share — total value ~$131,717
- Shares owned after transaction: Not specified in the provided excerpt of the filing
- Filing notes: This is an amended Form 4 (filed 2026-03-16) correcting the number of shares withheld for taxes in the Form 4 originally filed on March 10, 2026
- Timeliness: The original Form 4 was filed on March 10 (within the typical 2-business-day reporting window); this amendment corrects a reporting error
Context
This was a tax-withholding transaction tied to an option exercise (commonly called a sell-to-cover). Such withholding transactions are routine administrative steps and do not necessarily signal the insider’s view on the company’s prospects. The amendment simply corrects the previously reported share-withholding amount.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-09$17.95/sh−7,338$131,717→ 221,848 total
Footnotes (1)
- [F1]This Form 4/A is being filed to correct an error in the number of shares withheld for taxes reported in Column 4 of Table I in the Form 4 filed on March 10, 2026.