Reitemeier Christophe 4

What Happened
Christophe Reitemeier (listed as President — Harsco Environmental) had performance share units vest and be settled into common stock on May 19, 2026. The filing shows conversions/exercises of derivative awards that resulted in stock being issued (reported as "M" transactions). To satisfy tax withholding, 11,132 shares were surrendered/disposed at $19.18 per share (proceeds reported as $213,512); an additional 8,910 shares were withheld for taxes with no cash proceeds reported. Other derivative conversion/disposition lines in the filing reflect the settlement mechanics of the awards.

Key Details

• Transaction date: May 19, 2026; Form 4 filed May 21, 2026 (no late filing indicated).
• Reported acquisitions (conversion/exercise of derivatives): 23,684 shares and 16,812 shares (recorded as acquired at $0.00).
• Tax-withholding/disposing: 11,132 shares disposed at $19.18 ($213,512) and 8,910 shares disposed at $0 (withheld).
• Additional derivative entries: the filing includes further M-coded conversion/disposition lines (47,368 and 16,812 shares) tied to award settlement mechanics.
• Shares owned after the transactions: not specified in the filing.
• Footnotes: the shares were issued upon vesting/settlement of performance share units approved May 18, 2026; each PSU vested at 200% of target based on TSR vs. the S&P 600 Industrials Index, and the remaining portion of the award will settle in cash.

Context
These were not open-market purchases or voluntary sales — they reflect vesting/settlement of performance-based awards and routine withholding to cover tax obligations. The 11,132-share surrender is a tax-withholding event (code F), not necessarily a discretionary sale indicating sentiment. The awards vested at 200% of target (per footnotes), increasing the number of shares issued; part of the PSU award will be paid in cash per the award terms.