FANANDAKIS NICHOLAS C 4

What Happened
Nicholas C. Fanandakis, a director of Enviri Corp (NVRI), was granted 6,250 restricted stock units (RSUs) on June 15, 2026. The grant was reported on a Form 4 filed June 17, 2026. The RSUs were awarded at $0.00 per share (a non-cash grant) and therefore have no immediate cash purchase value; they represent a contingent right to receive one share of common stock per RSU when the units vest.

Key Details

• Transaction date: 2026-06-15; transaction type/code: Award/Grant (A).
• Price: $0.00 per RSU; reported total cash value at grant: $0.
• Vesting: Each RSU vests on the anniversary of the grant date (see footnote F1).
• Shares owned after transaction: Not specified in the filing; the RSUs are contingent rights and are not currently vested shares.
• Notable footnotes: F1 explains the RSUs convert one-for-one to common stock upon vesting; F2 notes the reported holdings include 6,102 shares received in a June 1, 2026 pro rata distribution by CLEH, Inc.
• Filing timeliness: Form 4 was filed June 17, 2026 (two days after the grant date); the filing does not indicate lateness.

Context
RSU grants are a common form of equity compensation for executives and directors and do not represent an immediate market purchase or sale. Because these RSUs vest over time (annually per the footnote), they signal potential future share issuance rather than an immediate change in outstanding shares. The CLEH, Inc. pro rata distribution referenced in the filing relates to prior share transfers and is separate from the RSU award.