STOCK TITAN

EVI (EVI) CFO Robert Lazar reports 198-share tax withholding

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

Rhea-AI Filing Summary

Robert Lazar, Chief Financial Officer of EVI Industries, Inc. (EVI), reported a transaction dated 10/05/2025 that reduced his beneficial ownership of common stock. He surrendered 198 shares of common stock to the company to satisfy tax withholding obligations tied to the vesting of previously granted restricted stock awards. The shares were recorded as disposed at a price of $29.54, which the filing states is the closing price on 10/03/2025. After the transaction, Mr. Lazar beneficially owns 92,339 shares. The Form 4 was signed on 10/07/2025.

Positive

  • Transaction disclosed and reported in a timely Form 4 filing, showing regulatory compliance
  • Surrender of 198 shares was used to satisfy tax withholding on vested restricted stock awards (administrative, not open-market sale)

Negative

  • None.

Insights

Routine tax-withholding share surrender by the CFO, not a market-sale signal.

The transaction represents the surrender of 198 vested restricted shares to cover tax withholding rather than an open-market sale, which is a common administrative step when equity awards vest. This does not change the underlying grant economics and reduces outstanding personal share count by the surrendered amount.

The main dependency is the vesting schedule that triggered withholding; absent additional filings or company disclosures, there is no evidence of further planned disposals. Investors can note the remaining beneficial ownership of 92,339 shares as the current insider stake as of the reported transaction.

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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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)
10/05/2025
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 10/05/2025 F 198(1) D $29.54(2) 92,339 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 October 3, 2025, the last trading day prior to the vesting date.
/s/ Robert Lazar 10/07/2025
** 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 CFO Robert Lazar report on Form 4 (EVI)?

He reported the surrender of 198 shares of common stock on 10/05/2025 to satisfy tax withholding for vested restricted stock awards.

How many shares does Robert Lazar beneficially own after the transaction?

He beneficially owns 92,339 shares following the reported transaction.

At what price were the surrendered shares reported?

The filing lists a price of $29.54, the closing price on 10/03/2025.

Was this an open-market sale by the insider?

No. The filing states the shares were surrendered to the issuer to satisfy tax withholding related to vested restricted stock awards.

When was the Form 4 signed and filed?

The signature on the Form 4 is dated 10/07/2025.
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