Hochman Russell C. 4

What Happened Russell C. Hochman, President, CEO and Director of Enviri Corp (NVRI), was granted a package of equity awards on 2026-06-15 totaling 424,909 units. The awards were reported as granted at $0.00 per unit and include restricted stock units (RSUs), performance restricted stock units (PRSUs, reported at target), and stock appreciation rights (SARs) issued under the Issuer’s 2026 Omnibus Incentive Plan. The grant breaks down as 144,231 RSUs, 144,231 PRSU target units, and 136,447 SARs (totaling 424,909).

Key Details

• Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (timely filing).
• Consideration: $0.00 per unit (awards granted, not purchased on the open market).
• Total awards: 424,909 units (144,231 RSUs; 144,231 PRSU target; 136,447 SARs).
• Vesting and payout notes:
  • RSUs (F1): vest in three equal annual installments beginning on the grant anniversary.
  • PRSUs (F2): target number can vest between 0%–250% based on share-price performance over June 1, 2026–June 30, 2029; payout measured at the end of the performance period (or on a specified measurement window before a change in control).
  • SARs (F3): replacement SARs issued in connection with a reorganization; these SARs are fully vested as of grant date.
• Shares owned after transaction: not provided in the supplied filing extract.
• Filing timeliness: filed within the Form 4 deadline (no late filing flag indicated).

Context These are grants/awards (not open-market purchases or sales). RSUs and PRSUs represent contingent rights to receive common shares upon vesting; PRSUs pay out based on performance achievement and may pay out at a different number of shares than the target. SARs are derivative awards that pay the appreciation in stock price (often settled in cash or shares) and here were reported as fully vested replacements. Executive equity grants are a routine part of compensation and do not by themselves indicate immediate buying or selling sentiment.