ENVIRI Corp·4

Mar 10, 8:26 PM ET

Romaninsky Samuel Darden 4

Research Summary

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ENVIRI (NVRI) VP/GC Samuel Romaninsky Exercises RSUs; 1,133 Withheld

What Happened

  • Samuel Darden Romaninsky, VP, General Counsel & Chief Compliance Officer of ENVIRI Corp (NVRI), exercised/conversion of derivative awards on 2026-03-07 converting 2,466 restricted stock units (RSUs) into common shares. To cover tax withholding, 1,133 of those shares were surrendered at $17.65 per share, totaling $19,997. Net shares delivered to Romaninsky = 1,333 shares.
  • The filing shows exercise/conversion entries (transaction code M) and a tax withholding disposition (code F). The tax-withholding is a routine disposition to satisfy tax liability, not an open-market sale.

Key Details

  • Transaction date: March 7, 2026; Form 4 filed March 10, 2026 (appears timely).
  • Shares converted: 2,466 RSUs converted to common stock (M).
  • Shares withheld for taxes: 1,133 shares @ $17.65 = $19,997 (F).
  • Net shares received: 2,466 − 1,133 = 1,333 shares.
  • Footnote: RSUs were granted under the company's 2013 Equity and Incentive Compensation Plan and vest in one‑third increments over three years (per filing).
  • Shares owned after the transaction: not specified in the provided summary of the filing.

Context

  • This was a conversion/vesting and tax-withholding event (common when RSUs vest). The withholding sale is routine to satisfy tax obligations and does not necessarily indicate a change in insider sentiment. For investors, purchases are generally more informative than routine withholding dispositions.