Quinn John S 4

What Happened

• John S. Quinn, a director of ENVIRI Corp (NVRI), disposed of 40,140 shares of the Issuer on June 1, 2026 as part of a corporate merger and reorganization. The Form 4 lists the disposition price as $0.00 because the shares were exchanged in connection with the transaction, not sold on the open market.
• Under the transaction terms, each NVRI share was exchanged in the reorganizations: Mr. Quinn received one share of New Enviri common stock for every three NVRI shares (40,140 / 3 = 13,380 New Enviri shares) and was paid $15.00 per NVRI share in the Merger, yielding cash of $602,100 (40,140 × $15.00).

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-02 (timely).
• Disposition: 40,140 NVRI shares; price shown on Form 4: $0.00 (non-market exchange).
• Cash received in Merger: $15.00 per former NVRI share → $602,100 total.
• New Enviri shares received: 13,380 (1 new share per 3 NVRI shares).
• Shares owned after transaction: 0 NVRI common shares (reporting person disposed of all Issuer shares held immediately prior to the transaction).
• Notable footnotes: Transactions resulted from (i) a Holding Company Merger, (ii) a Reorganization, (iii) a pro rata Distribution of New Enviri shares, and (iv) a subsequent Merger in which cash was paid per share.
• Filing status: No late filing indicated.

Context

• This was a non-market corporate transaction tied to merger and reorganization agreements (not an open-market sale or a purchase). The Form 4 records the technical disposition to the issuer at $0.00, but the economic consideration included both cash and newly issued shares as described above.