ENVIRI Corp·4/A

Mar 16, 5:58 PM ET

Hochman Russell C. 4/A

Research Summary

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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.