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EVI Form 4: CFO Robert Lazar Surrenders 617 Shares; Owns 92,537 Shares

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Robert Lazar, Chief Financial Officer of EVI Industries (EVI), reported a Form 4 disclosing a non‑derivative transaction on 09/27/2025. The filing shows Mr. Lazar surrendered 617 shares of EVI common stock to the issuer to satisfy tax withholding tied to the vesting of previously granted restricted stock awards. The filing records a price of $31.68, noted as the closing price on 09/26/2025. After the surrender, Mr. Lazar beneficially owns 92,537 shares of common stock in a direct capacity. The Form 4 is signed by the reporting person on 09/30/2025.

Positive

  • Transparent disclosure of the tax‑withholding share surrender and remaining direct beneficial ownership
  • Form properly signed and dated, meeting Section 16 reporting requirements

Negative

  • None.

Insights

TL;DR: Routine tax‑withholding share surrender by the CFO; small absolute amount relative to total holdings.

The transaction is a standard mechanics event: surrendering 617 vested restricted shares to cover tax withholding obligations. The reported price of $31.68 is used solely to disclose the withholding value and reflects the prior trading day's close. No options, derivative transactions, or additional sales were reported. Remaining direct beneficial ownership of 92,537 shares is clearly stated, providing transparency on the officer's current stake. This filing does not disclose any change in control, additional grants, or other compensatory arrangements beyond the withholding action.

TL;DR: Administrative disclosure consistent with executive compensation settlement; not indicative of material change.

This Form 4 documents a tax withholding settlement relating to vested restricted stock awards, a common post‑vesting administrative step. The nature of the transaction (surrender to issuer) and the immaterial share count (617 shares) suggest no deliberate cash‑generation sale or signaling of a change in insider sentiment. The report includes the required signature and dates, satisfying Section 16 disclosure obligations. No additional governance concerns, such as accelerated vesting or related‑party transfers, are evident in the filing.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LAZAR ROBERT

(Last) (First) (Middle)
4500 BISCAYNE BLVD
SUITE 340

(Street)
MIAMI FL 33137

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EVI INDUSTRIES, INC. [ EVI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/27/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.025 par value per share 09/27/2025 F 617(1) D $31.68(2) 92,537 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of the issuer's common stock surrendered to the issuer to satisfy the issuer's tax withholding obligation relating to the vesting of certain restricted stock awards previously granted to Robert Lazar.
2. Represents the closing price of the issuer's common stock on September 26, 2025, the last trading day prior to the vesting date.
/s/ Robert Lazar 09/30/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did EVI insider Robert Lazar report on Form 4?

He reported surrendering 617 shares to satisfy tax withholding from vested restricted stock awards and now directly owns 92,537 shares.

When was the transaction and what price was used on the Form 4 for EVI (EVI)?

The transaction date is 09/27/2025 and the filing shows a price of $31.68, the closing price on 09/26/2025.

Why were shares surrendered according to the Form 4?

The filing states the shares were surrendered to the issuer to satisfy the issuer's tax withholding obligation related to vesting of restricted stock awards.

How much beneficial ownership does Robert Lazar hold after the transaction?

After the reported transaction he beneficially owns 92,537 shares of EVI common stock in a direct capacity.

Did the Form 4 report any derivative transactions or sales for EVI insiders?

No. The filing only reports a non‑derivative surrender of common stock for tax withholding; no derivative transactions or open market sales are listed.
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