ENVIRI Corp·4

May 22, 4:01 PM ET

Vadaketh Tom George 4

Research Summary

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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.