EVI insider filing: Thomas Marks retains 1.15M shares after RSU tax withholding

Rhea-AI Filing Summary

Thomas Marks, EVP Business Development at EVI Industries (EVI), reported a routine withholding transaction tied to vested restricted stock units. On 09/27/2025 he had 1,811 shares of common stock withheld and disposed of at a price of $31.68 per share to satisfy tax withholding related to RSU vesting. After the withholding, Marks directly beneficially owns 130,819 shares and indirectly owns 1,022,495 shares through family and children\'s trusts. The filing is a Section 16 Form 4 reporting the director/officer\'s change in ownership.

Positive

• Insider maintains substantial stake: 130,819 shares direct and 1,022,495 shares indirect remain beneficially owned after the transaction
• Transaction is routine and administrative: 1,811 shares were withheld to satisfy tax obligations from RSU vesting, not an open-market divestiture

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine tax-withholding share disposal following RSU vesting; ownership remains concentrated via direct and indirect holdings.

The reported 1,811-share disposal at $31.68 reflects withholding to satisfy tax obligations on vested restricted stock units, not an open-market sale for liquidity. Post-transaction ownership of 130,819 direct shares plus 1,022,495 indirect shares indicates substantial continuing alignment with shareholders. This Form 4 does not disclose any option exercises, new grants, or derivative activity, and the transaction is consistent with customary RSU settlement practices.

Corporate Governance Expert

TL;DR: Governance-wise, this is a routine disclosure showing ongoing insider ownership and standard tax withholding on vested equity.

The disclosure identifies Marks as EVP and a director, and documents settlement mechanics (share withholding) rather than active disposition for diversification. Maintaining over 1.15 million combined beneficial shares suggests continued insider stake and potential voting influence. The filing is complete for the reported transaction and includes the issuer\'s closing price used to calculate withholding valuation.

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

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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^*

Marks Thomas

(Last) (First) (Middle)

2331 TRIPALDI WAY

(Street)

HAYWARD CA 94545

(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)
	EVP, Business Development

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		1,811(1)	D	$31.68(2)	130,819	D
Common Stock, $0.025 par value per share								1,022,495	I	By family and childrens' trusts

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 withheld by the issuer to satisfy the issuer's tax withholding obligation relating to the vesting of certain restricted stock units previously granted to Thomas Marks.

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/ Thomas Marks	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 transaction did Thomas Marks report on Form 4 for EVI (EVI)?

The Form 4 reports 1,811 shares of common stock withheld and disposed on 09/27/2025 to satisfy tax withholding related to vested restricted stock units.

What price was used for the share withholding in the EVI Form 4?

The closing price used was $31.68 per share, which was the issuer\\'s closing price on September 26, 2025.

How many EVI shares does Thomas Marks beneficially own after the reported transaction?

After the transaction Marks beneficially owns 130,819 shares directly and 1,022,495 shares indirectly through family and children\\'s trusts.

Why were the 1,811 EVI shares disposed according to the filing?

The filing states the 1,811 shares were withheld by the issuer to satisfy the issuer\\'s tax withholding obligation related to the vesting of previously granted restricted stock units.

Does the Form 4 report any derivative transactions or option exercises for Thomas Marks?

No. Table II (derivative securities) shows no reported derivative transactions or option exercises in this filing.