Enviri Corp (NVRI) SEC Filings

Enviri Corp (NVRI) director Carolann I. Haznedar purchased additional common stock. On 2026-08-17, she bought 4,875 shares of Enviri common stock in an open-market or private transaction at a weighted average price of $20.461 per share, with individual trade prices ranging from $20.38 to $20.60. Following this transaction, she directly owns 42,955 shares of Enviri common stock.

Newtyn Management, LLC filed an amended ownership report for Enviri Corp common stock. As of June 30, 2026, an affiliated fund, Newtyn Partners, LP, held 374,194 shares of Enviri common stock, representing 1.3% of the outstanding shares. Newtyn TE Partners, LP held no shares. Newtyn Management, as investment manager to these funds, may be deemed to beneficially own the 374,194 shares, with sole voting and dispositive power over them. The percentage is based on 28,103,750 shares of Enviri common stock outstanding as of June 1, 2026. The filing is identified as an exit filing with respect to Newtyn Management’s ownership position.

Enviri Corporation, now a separate public company holding the Harsco Environmental and Rail businesses after the June 1, 2026 spin-off of Clean Earth to Veolia, reported a sharp deterioration in results for the quarter and six months ended June 30, 2026. Total revenues from continuing operations were $511.4 million for the first half of 2026, down from $629.0 million a year earlier, and the company recorded an operating loss of $250.3 million and a net loss attributable to Enviri of $406.7 million.

The loss was driven largely by a $207.4 million charge related to exiting long-term engineered-to-order Rail contracts with Network Rail and Deutsche Bahn, including a $136.5 million reduction to product revenue and $70.9 million in related cost adjustments, as well as tax expense from establishing a valuation allowance on certain U.S. deferred tax assets following the Clean Earth divestiture. Discontinued operations, primarily Clean Earth, contributed additional losses.

Strategically, Enviri completed the $3.0 billion sale of Clean Earth, of which $1.7 billion was received via a CE Holdings Note. Proceeds enabled repayment of about $1.2 billion of debt, reducing total debt obligations to $392.7 million and long-term debt to $380.5 million, while cash and restricted cash rose to $303.3 million. The company reports compliance with its amended credit covenants, with a Net Debt to Consolidated Adjusted EBITDA ratio of 1.94x and an Interest Coverage Ratio of 4.60x, and management concludes it has sufficient liquidity to continue as a going concern for at least twelve months.

Enviri Corporation reported second quarter 2026 results marked by large one-time charges tied to exiting two European Harsco Rail engineered-to-order contracts and completing the Clean Earth sale and spin-off transactions. Revenues from continuing operations were $187 million on a GAAP basis and $324 million excluding ETO contract exit adjustments, up 2% year over year. GAAP consolidated loss from continuing operations was $297 million, while Adjusted EBITDA was $34 million, up from $27 million a year earlier, with a 10.4% adjusted EBITDA margin.

Harsco Environmental delivered stronger performance, with $266 million in revenue and Adjusted EBITDA of $46 million, lifting its margin to 17.2% from 15.5%. Harsco Rail reported GAAP revenue of $(79) million due to contract exit adjustments, or $58 million on an adjusted basis, and an Adjusted EBITDA loss of $5 million. Net cash used by operating activities was $297 million, but Adjusted free cash flow improved to $(9) million from $(39) million. Following the new capital structure, the Credit Agreement net leverage ratio stands at 1.9x, reflecting substantial debt reduction. Enviri reaffirmed its 2026 Adjusted EBITDA outlook for both Harsco Environmental and Harsco Rail.

NVRI shareholder Francis Nicholas Grasberger has notified intent to sell up to 127 shares of common stock through UBS Financial Services Inc. The common stock is listed on the NYSE, with 28,103,750 shares outstanding. In the prior three months, Grasberger sold 52,302 shares for gross proceeds of 1,176,795 on July 29, 2026.

Mason Capital Management LLC, together with principals Kenneth M. Garschina and Michael E. Martino, reports beneficial ownership of 1,031,750 shares of Enviri Corporation common stock, equal to 3.7% of the class based on 28,103,750 shares outstanding as of June 1, 2026. All shares are held through Mason Capital Master Fund, L.P., over which the reporting persons have shared voting and dispositive power and no sole power.

The cover information reflects holdings as of the close of business on July 14, 2026. They note that as of June 1, 2026, they may have been deemed to beneficially own 1,770,959 shares, or 6.3% of the outstanding common stock. They also state that this report should not be construed as an admission of beneficial ownership for purposes of Section 13 of the Exchange Act and indicate ownership of 5 percent or less of the class.

BlackRock, Inc. reports beneficial ownership of 2,038,510 shares of Enviri Corp common stock, representing 7.3% of the outstanding class. BlackRock has sole voting power over 1,979,327 shares and sole dispositive power over all 2,038,510 shares, with no shared voting or dispositive authority.

The economic interest in these shares resides with various underlying clients that may receive dividends or sale proceeds, and no single client’s interest exceeds five percent of Enviri’s total outstanding common shares.