Quinn John S 4

What Happened

• John S. Quinn, a director of ENVIRI Corp (NVRI), had 18,309 restricted stock units (RSUs) vest on May 7, 2026. The Form 4 shows an exercise/conversion (code M) for 18,309 derivative units at $0.00 and a simultaneous acquisition/grant (code A) of 18,309 derivative units at $0.00. No cash changed hands — these were vested RSUs converted and then deferred as phantom stock units.

Key Details

• Transaction date: 2026-05-07; Form 4 filed: 2026-05-12 (filed 5 days after the transaction; Form 4s are generally due within two business days).
• Price: $0.00 per share (no cash paid or received in the reported steps).
• Shares after transaction: Not specified in the provided filing.
• Footnotes:
  • F1 — These were RSUs granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan that vested on the first anniversary of the May 7, 2025 grant.
  • F2 — The vested RSUs were deferred as phantom stock units (deferred compensation) that will be settled in one share of Enviri common stock within 30 days before the closing of Enviri’s sale of its Clean Earth division.
• Filing timeliness: Appears late relative to the typical 2-business-day Form 4 deadline (filed 5 days after the transaction).

Context

• This is a director compensation event (vesting and deferral), not an open-market purchase or sale; it does not reflect a cash investment or immediate sale of shares. The conversion + deferral means actual share issuance may be postponed until the specified settlement window tied to the Clean Earth divestiture.