Kozak Jennifer Ott 4

What Happened
Jennifer Ott Kozak, Senior Vice President & Chief Human Resources Officer of ENVIRI Corp (NVRI), had 7,644 restricted stock units (RSUs) convert to common shares on March 7, 2026. As part of the vesting/settlement, 3,511 shares were surrendered/withheld to cover tax withholding at an implied price of $17.65 per share, totaling about $61,969. The underlying RSU conversion is reported as a derivative exercise/conversion.

Key Details

• Transaction date: 2026-03-07; filing date: 2026-03-10 (Form 4 accession 0001949030-26-000002).
• Converted/acquired: 7,644 shares via derivative exercise/conversion (reported at $0.00 per share).
• Shares withheld for taxes (disposed): 3,511 shares at $17.65 = $61,969 (code F = tax withholding).
• A related derivative line shows 7,644 shares disposed at $0.00 (administrative reporting of the conversion/settlement).
• Shares owned after the transaction: not specified in the filing.
• Footnote: These were restricted stock units granted under the 2013 Equity and Incentive Compensation Plan; RSUs convert one-for-one to common stock when they vest and typically vest in one-third increments (per filing).

Context
This appears to be a routine compensation-related vesting/settlement of RSUs rather than an open-market purchase or discretionary sale. The withholding of shares to satisfy tax obligations is common in RSU vesting events and does not necessarily indicate an opinion on the company’s stock.