ENVIRI Corp 4
4 · Enviri II Corp · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Enviri II (NVRI WI) 10% Owner Enviri Corp Distributes 28.1M Shares
What Happened
Enviri Corp, listed on the Form 4 as a 10% owner of Enviri II Corporation (NVRI WI), disclosed the disposition of 28,103,750 shares on June 1, 2026. The transaction is reported as an "Other acquisition or disposition (J)" at $0.00 per share (total proceeds $0). This was not an open-market sale but a distribution that resulted from a corporate reorganization and merger described in the filing.
Key Details
- Transaction date: June 1, 2026; Price: $0.00 per share; Shares disposed: 28,103,750.
- Shares owned after the transaction: filing indicates the distributed shares were transferred as part of the reorganization (effectively removing the reported holding).
- Footnote F1: Describes a reorganization—Enviri Corporation merged into Enviri LLC; CLEH, Inc. reorganized and then distributed all outstanding Enviri II shares pro rata to CLEH stockholders (the former Enviri Corporation stockholders) for no consideration.
- Footnote F2: Notes an earlier report of 1,000 shares (Form 3, May 8, 2026) adjusted for a May stock split.
- Filing timing: Reported with the same transaction date (June 1, 2026), indicating a timely Form 4 filing.
Context
This disposition reflects a corporate restructuring and pro rata distribution by CLEH, not an insider selling shares into the market for cash. For retail investors, that means this Form 4 documents a structural ownership change tied to the reorganization rather than a trading signal about management confidence or liquidity needs.
Insider Transaction Report
- Other
Common Stock
[F1][F2]2026-06-01−28,103,750→ 0 total
Footnotes (2)
- [F1]On June 1, 2026, all the outstanding shares of common stock of Enviri II Corporation were distributed, as a result of the following series of transactions made on that same date: (i) Enviri Corporation merged with and into Enviri LLC, with Enviri LLC surviving, and each outstanding share of common stock of Enviri Corporation exchanged for one share of common stock of CLEH, Inc., and (ii) CLEH, Inc. and its subsidiaries, including Enviri LLC and Enviri II Corporation, effected a reorganization, resulting in (x) Enviri II Corporation owning all of the equity interests of Enviri LLC, (y) Enviri LLC holding the Harsco Environmental and Rail segments of Enviri Corporation, and (z) CLEH, Inc. holding the Clean Earth segment of Enviri Corporation and owning all the outstanding shares of common stock of Enviri II Corporation, which CLEH, Inc. distributed to its stockholders (the former stockholders of Enviri Corporation) on a pro rata basis and for no consideration.
- [F2]Represents the 1,000 shares initially reported on a Form 3 filed by Enviri Corporation on May 8, 2026, adjusted to reflect the stock split that occurred on May [29], 2026.