Enviri (NYSE: NVRI) SVP amends Form 4 to correct RSU total
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Enviri Corp senior vice president Jeffrey A. Beswick filed an amended insider report to correct his previously reported holdings of restricted stock units. The amendment updates the total number of derivative securities beneficially owned to 69,524 restricted stock units.
The restricted stock units were granted under Enviri’s 2013 Equity and Incentive Compensation Plan and represent a right to receive Enviri common stock on a one-for-one basis when they vest. These units vest in equal one-third installments on each of the first three anniversaries of the original grant date. The amendment does not reflect a new purchase or sale, but a correction to include all outstanding restricted stock units from prior grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Beswick Jeffrey A
Role
SVP & Grp. Pres., Clean Earth
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 69,524 shares (Direct)
Footnotes (1)
- Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right to receive Enviri common stock on a one-for-one basis when the restricted stock units vest. The restricted stock units vest in one-third increments on each of the first three anniversaries of the date of the grant. Form 4 is being amended to correct the number of derivative securities beneficially owned that was previously reported on May 13, 2025, by including all derivative securities that remain outstanding from prior grants of restricted stock units previously reported by the reporting person.
FAQ
What did Enviri (NVRI) executive Jeffrey Beswick report in this amended Form 4?
Jeffrey Beswick filed an amended Form 4 to correct his restricted stock unit holdings. The filing updates his beneficial ownership to 69,524 restricted stock units, consolidating all outstanding awards from prior grants under Enviri’s 2013 Equity and Incentive Compensation Plan.
How do Jeffrey Beswick’s Enviri (NVRI) restricted stock units vest?
Beswick’s restricted stock units vest in three equal annual installments. One-third of the units vest on each of the first three anniversaries of the original grant date, subject to the terms of Enviri’s 2013 Equity and Incentive Compensation Plan.
What do Jeffrey Beswick’s Enviri (NVRI) restricted stock units represent?
The restricted stock units represent a contingent right to receive Enviri common stock. Each unit can convert into one share of common stock when vesting conditions are met, aligning the executive’s compensation with Enviri’s long-term share performance.
Why was Enviri (NVRI) executive Jeffrey Beswick’s Form 4 amended?
The Form 4 was amended to correct the number of derivative securities previously reported. It now includes all outstanding restricted stock units from prior grants, providing an updated total of 69,524 units beneficially owned by Jeffrey Beswick.