Vadaketh Tom George 4
4 · ENVIRI Corp · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
ENVIRI CFO Tom George Receives RSUs, Sells Shares for Taxes
What Happened Vadaketh Tom George, SVP and Chief Financial Officer of ENVIRI Corp (NVRI), had 165,805 restricted stock units (RSUs) vest and settle into common shares on May 20, 2026. To satisfy tax withholding obligations, 76,139 of those shares were disposed (sold) at $19.53 per share for proceeds of $1,486,995. After withholding, he retained a net 89,666 shares (165,805 settled − 76,139 withheld).
Key Details
- Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (timely).
- RSU settlement: 165,805 shares converted/issued (reported as derivative exercise/conversion, code M).
- Tax withholding sale: 76,139 shares disposed at $19.53 each for $1,486,995 (code F — tax liability payment).
- Net shares retained after the transaction: 89,666 shares.
- Footnote: The RSUs were granted under the 2013 Equity and Incentive Compensation Plan and were vested and settled per Enviri’s Board approval on May 18, 2026 in connection with the company’s sale of its Clean Earth division.
- Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = tax withholding/ payment via share disposition.
Context This was an award settlement with a routine sell-to-cover for taxes, not a discretionary open-market sale. The RSU vesting and settlement were board-approved in connection with the company’s divestiture activity; the sale of a portion of shares was solely to meet tax obligations and does not necessarily indicate the insider’s broader market view.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-05-20+165,805→ 488,814 total - Tax Payment
Common Stock
2026-05-20$19.53/sh−76,139$1,486,995→ 412,675 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-05-20−165,805→ 0 total→ Common Stock (165,805 underlying)
Footnotes (1)
- [F1]Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right to receive Enviri common stock on a one-for-one basis when the restricted stock units vest. The restricted stock units have been vested and settled, as approved on May 18, 2026 by the Enviri Board of Directors in connection with Envirs sale of its Clean Earth division.