Fenice Samuel C. 4
4 · Enviri Corp · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Enviri (NVRI) VP & Corporate Controller Samuel C. Fenice Receives Stock Award
What Happened
Samuel C. Fenice, Enviri Corp's (NVRI) Vice President & Corporate Controller, received two equity awards on June 15, 2026: 9,027 restricted stock units (RSUs) and 4,808 performance-based restricted stock units (PRSUs). Both grants were reported at $0.00 per share (standard for awards), so no cash was paid. The RSUs are a contingent right to receive common stock when they vest; the PRSUs represent target awards that can pay out between 0% and 250% of target depending on future share-price performance.
Key Details
- Transaction date and filing: grants dated 2026-06-15; Form 4 filed 2026-06-17 (filed within the typical two-business-day window).
- Award amounts and price: 9,027 RSUs @ $0.00; 4,808 PRSU target units @ $0.00. Reported dollar value at grant = $0 (award, not a cash purchase).
- Vesting and performance terms: RSUs vest in three equal annual installments after the grant date (Footnote F1). PRSUs measure performance over June 1, 2026–June 30, 2029 and may vest 0%–250% of target based on share-price performance (Footnote F4).
- Prior distribution note: filing includes references to a June 1, 2026 pro rata distribution of Enviri shares by CLEH, Inc. (Footnotes F2/F3).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing timeliness: filing date is two days after the grant date, which generally meets Form 4 timing requirements.
Context
- These were awards/grants (transaction code A) — not purchases or sales — so they reflect compensation/retention rather than an immediate market bet by the insider.
- PRSUs are derivative/contingent awards whose final share payout depends on future performance over a multi-year period; they can result in more or fewer shares than the target depending on results.
- No indication in the filing of an immediate sale, tax withholding, or a 10b5-1 plan.
Insider Transaction Report
Form 4
Enviri CorpNVRI
Fenice Samuel C.
VP & Corporate Controller
Transactions
- Award
Common Stock
[F1][F2]2026-06-15+9,027→ 33,554 total - Award
Performance Restricted Stock Unit
[F4]2026-06-15+4,808→ 4,808 total→ Common Stock (4,808 underlying)
Holdings
- 192(indirect: By managed account.)
Common Stock
[F3]
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 24,527 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 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.
- [F4]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.
Signature
/s/ Samuel C. Fenice|2026-06-17