Reitemeier Christophe 4

What Happened

• Christophe Reitemeier (listed as President‑Harsco Environmental) was granted equity awards on June 15, 2026: 22,747 restricted stock units (RSUs) and 12,627 stock appreciation rights (SARs). Both grants were reported at $0.00 per share (awards, not purchases or sales). The filing does not state a cash value for the awards.
• These are compensation awards (not an open‑market purchase). RSUs convert to common stock as they vest; SARs are a derivative that pays the appreciation in the stock price.

Key Details

• Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
• Grants reported at $0.00 (code A — award/grant).
• RSUs: 22,747 granted. Footnote F1 — each RSU vests in three equal annual increments beginning on the grant anniversary.
• SARs: 12,627 granted. Footnote F3 — SARs replace prior SARs canceled in a reorganization and are fully vested as of the grant date.
• Footnote F2 notes 22,499 shares were received previously in a pro rata distribution by CLEH, Inc. on June 1, 2026 (mentioned in the filing).
• Shares owned after the transaction: not explicitly stated in the provided filing lines.

Context

• RSUs represent a contingent right to receive common stock when they vest; they do not convey voting rights until settled. Vesting schedules mean the executive must remain employed (or meet other conditions) for shares to be delivered.
• SARs are a derivative that pays the increase in share price (usually in stock or cash) and, since these SARs are fully vested, they could be settled per plan terms, but no settlement or sale is reported here.
• Grants are routine executive compensation and are informational rather than direct bullish or bearish signals about future trading.