Quinn John S 4

What Happened

• John S. Quinn, a director of Enviri Corp (NVRI), was granted equity awards on 2026-06-15. The filing reports 6,250 units granted at $0.00 (restricted stock units) and 3,155 derivative units priced at $20.80 each, the latter valued at $65,624. These were awards (code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-06-15; filing date: 2026-06-17 (appears timely—within the typical two-business-day Form 4 window).
• Grants: 6,250 RSUs @ $0.00 and 3,155 derivative units @ $20.80 (total reported value for the derivative line = $65,624).
• Total new units reported on that date: 9,405.
• Shares owned after transaction: Not specified in the provided excerpt—see the full Form 4 for total holdings.
• Relevant footnotes from the filing:
  • F1: The restricted stock units are contingent rights to receive common stock one-for-one when they vest; each RSU vests on the anniversary of the grant.
  • F2: Separately notes a pro rata distribution by CLEH, Inc. on June 1, 2026 that included 13,379 shares (this relates to prior distributions/holdings).
  • F3: Deferred Stock Units (DSUs) represent deferred cash compensation that vest quarterly in 2026; the director elected settlement in five equal annual cash installments beginning in 2027.
• Transaction type: Award/Grant (code A). Derivative entry indicates a grant tied to company stock value or cash-settlement terms rather than an outright purchase.

Context

• These entries reflect compensation awards (RSUs/derivative units) for a non-employee director, common for board pay. Awards do not equal open-market buying/selling and should be interpreted as compensation, not a direct cash investment signal.
• Derivative units and DSUs may be cash-settled or convert to stock upon vesting—check the filing footnotes for vesting and settlement mechanics.