GRASBERGER F NICHOLAS III 4

What Happened

• Nicholas F. Grasberger III, Chairman & CEO of ENVIRI Corp (NVRI), had 39,709 restricted stock units (RSUs) convert into common shares on March 7, 2026. The conversion was reported as an exercise/conversion of a derivative at $0.00 (no exercise price).
• To satisfy tax withholding, 18,235 of those shares were withheld/disposed at an indicated value of $17.65 per share, totaling $321,848. The net shares delivered to Grasberger were 21,474 (39,709 converted − 18,235 withheld).

Key Details

• Transaction date: 2026-03-07; Form 4 filed 2026-03-10 (Accession 0001208282-26-000002).
• Conversion: 39,709 shares reported as acquired via derivative conversion (code M) at $0.00.
• Tax withholding: 18,235 shares disposed (code F) at $17.65 each, value $321,848.
• Net shares received: 21,474 shares.
• Footnote: These were restricted stock units granted under the 2013 Equity and Incentive Compensation Plan; RSUs vest in one-third increments on each of the first three anniversaries of the grant (the filing indicates a vesting event).
• Shares owned after the transaction are not specified in the provided filing excerpt.
• No late-filing flag is indicated in the excerpt.

Context

• This was an RSU vesting and tax-withholding event (common administrative transaction), not an open-market purchase or sale. The conversion at $0.00 indicates no exercise cost; withholding shares to cover taxes is a routine outcome and does not necessarily signal the insider’s view on the stock.