Lada Gary Raymond 4
4 · Enviri Corp · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Enviri (NVRI) SVP Lada Gary Raymond Receives Award
What Happened
Lada Gary Raymond, Senior Vice President and President—Harsco Rail, was granted equity awards by Enviri Corp on June 15, 2026. The filing reports three awards: 17,500 restricted stock units (RSUs) (acquired, $0 cash), 9,616 performance restricted stock units (target amount, derivative, $0), and 11,283 stock appreciation rights (SARs, derivative, $0). Total units/rights reported equal 38,399. These were grants/awards (not open‑market purchases or sales).
Key Details
- Transaction date(s): June 15, 2026; Form 4 filed June 17, 2026 (appears timely).
- Prices: all reported as $0 (award/grant).
- Reported award totals: 17,500 RSUs; 9,616 target Performance RSUs; 11,283 SARs — combined = 38,399 units/rights.
- Footnote highlights:
- F1: RSUs vest in three equal installments on each anniversary of the grant.
- F3: Performance RSUs are target amounts that can vest from 0% to 250% based on share‑price performance for the period 6/1/2026–6/30/2029.
- F4: SARs replace prior SARs from the reorganized predecessor and are fully vested as of grant.
- F2: filing also notes inclusion of 4,030 shares acquired earlier in a pro rata distribution from CLEH, Inc.
- Shares owned after transaction: not specified in the information provided on this filing.
Context
These awards are part of compensation and incentive arrangements, not open‑market buying or selling. RSUs provide a one‑for‑one right to common shares as they vest; Performance RSUs may deliver a variable number of shares depending on future performance; SARs provide value if the stock price rises above the grant exercise price and here are reported as fully vested. Such grants are routine for executive compensation and do not alone indicate the insider is buying or selling stock for investment purposes.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-15+17,500→ 21,530 total - Award
Performance Restricted Stock Unit
[F3]2026-06-15+9,616→ 9,616 total→ Common Stock (9,616 underlying) - Award
Stock Appreciation Rights
[F4]2026-06-15+11,283→ 11,283 totalExercise: $6.21→ Common Stock (11,283 underlying)
Footnotes (4)
- [F1]Restricted stock units granted under the Issuer's 2026 Omnibus Incentive Plan represent a contingent right to receive the Issuer's common stock on a one-for-one basis when the restricted stock units vest. Each reported restricted stock unit vests in three equal increments on each subsequent anniversary of the grant date.
- [F2]Includes 4,030 shares acquired in a pro rata distribution by CLEH, Inc. on June 1, 2026 of all of the outstanding shares of the Issuer's common stock to the stockholders of CLEH, Inc.
- [F3]Represents the target number of Performance Restricted Stock Units granted under the Issuer's 2026 Omnibus Incentive Plan, each of which represents the contingent right to receive a variable amount of shares of the Issuer's common stock based on the level of achievement of share-price performance targets over the period of June 1, 2026, through June 30, 2029 (the "Performance Period"). The Performance Restricted Stock Units vest between 0% and 250% of target, measured as of the earlier of the final financial quarter of the Performance Period or during a measurement period ending no fewer than three days prior to a Change in Control of the Issuer.
- [F4]Represents Stock Appreciation Rights ("SARs") granted under the Issuer's 2026 Omnibus Incentive Plan to replace similar stock appreciation rights held by the reporting period prior to, and canceled in connection with, a reorganization occurring immediately before the spin-off of the Issuer from its predecessor. The SARs are fully vested as of the date hereof.