ENVIRI Corp·4

Jun 2, 5:49 PM ET

O'Mara Rebecca Martinez 4

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ENVIRI (NVRI) Director Rebecca O'Mara Disposes 47,909 Shares in Merger

What Happened
Rebecca O'Mara, a director of ENVIRI Corp (NVRI), disposed of 47,909 shares of NVRI on June 1, 2026. The Form 4 lists this as a disposition to the issuer at $0.00 per share because the shares were transferred as part of a multi-step corporate transaction (holding-company merger, reorganization, distribution and subsequent merger). Under the transaction terms, former NVRI shares were exchanged such that holders received (a) one share of New Enviri common stock for every three NVRI shares in the distribution and (b) $15.00 in cash per NVRI share in the later merger. The cash component for 47,909 NVRI shares is approximately $718,635 (47,909 × $15.00), with New Enviri shares also issued per the 1-for-3 ratio (subject to fractional-share treatment).

Key Details

  • Transaction date: June 1, 2026; Form 4 filed June 2, 2026 (not shown as late).
  • Reported trade: Disposition to issuer (code D) of 47,909 NVRI shares at $0.00 (reflects corporate exchange, not a $0 market sale).
  • Consideration received: $15.00 cash per NVRI share (approx. $718,635) plus New Enviri common stock at a 1 New Enviri share : 3 NVRI shares ratio (see footnotes re fractional-share treatment).
  • Shares of NVRI owned after transaction: 0 (reporting person disposed of all issuer shares held immediately prior to the transaction).
  • Relevant agreements: Transactions occurred under a Merger Agreement and Separation Agreement (see footnotes) involving CLEH, Enviri LLC, New Enviri and Veolia; the filings explain the holding-company merger, reorganization, distribution and ultimate merger.

Context
This filing reflects a corporate-transaction-driven disposition, not a routine open-market sale or an individual decision to liquidate for cash. The $0.00 per-share figure on the Form 4 is standard when shares are exchanged in a merger/reorganization; the material economic consideration was the $15.00 per-share cash paid in the merger plus the distribution of New Enviri stock.