ENVIRI Corp·4

May 22, 3:59 PM ET

Reitemeier Christophe 4

Research Summary

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Updated

Enviri (NVRI) President Christophe Reitemeier Receives RSUs; Shares Withheld

What Happened

  • Christophe Reitemeier, President (Harsco Environmental), had 19,993 restricted stock units (RSUs) vest and be converted into Enviri common stock on 2026-05-20. Of those shares, 9,398 were withheld to satisfy tax withholding obligations (valued at $19.53 each, $183,543). Net shares issued to him were 10,595.

Key Details

  • Transaction dates: RSU conversion and withholding occurred on 2026-05-20; Form 4 filed 2026-05-22.
  • Conversion: 19,993 shares acquired via derivative conversion (code M) at $0.00 (RSU settlement).
  • Tax withholding: 9,398 shares disposed (code F) at $19.53 per share = $183,543 withheld to cover taxes.
  • Net shares received: 19,993 − 9,398 = 10,595 shares retained by the insider.
  • Shares owned after transaction: Not specified in the filing.
  • Footnote: The RSUs were granted under the 2013 Equity and Incentive Compensation Plan and were vested and settled as approved by Enviri’s Board on May 18, 2026 in connection with the company’s sale of its Clean Earth division (per filing).
  • Timeliness: Filing appears timely (Form 4 filed two days after the transaction).

Context

  • This was a standard RSU vesting and tax-withholding event—not an open-market sale or purchase. The withholding is a routine way to satisfy tax obligations when equity awards vest; it does not necessarily indicate a change in the insider’s view of the company.