Enviri (NVRI) director defers 18,309 units tied to Clean Earth sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enviri Corp director Carolann I. Haznedar reported a compensation-related equity transaction, deferring vested stock into future-settlement units. She exercised 18,309 Restricted Stock Units into an equivalent number of common-share-linked units and immediately deferred them as 18,309 Phantom Stock Units under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan. Following this grant, she holds 83,047 Phantom Stock Units. Each phantom unit will be settled in one share of Enviri common stock within 30 days before the closing of Enviri's planned sale of its Clean Earth division, so the economic value depends on that transaction’s completion and timing.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,309 shares exercised/converted
Mixed
2 txns
Insider
HAZNEDAR CAROLANN I
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,309 | $0.00 | -- |
| Grant/Award | Phantom Stock Units | 18,309 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Phantom Stock Units — 83,047 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan. Each restricted stock unit vested at the close of business on the first anniversary of the May 7, 2025 grant date. Represents deferral of vested restricted stock units as deferred compensation under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan. Each phantom stock unit will be settled in one share of Enviri Common Stock within 30 days before the closing of Enviri's sale of its Clean Earth division.
Key Figures
Phantom stock units granted: 18,309 units
RSUs exercised: 18,309 units
Phantom units after transaction: 83,047 units
+2 more
5 metrics
Phantom stock units granted
18,309 units
Grant/award on 2026-05-07
RSUs exercised
18,309 units
Exercise/conversion on 2026-05-07
Phantom units after transaction
83,047 units
Total phantom stock units following transaction
Exercise price
$0.00 per unit
RSU conversion price
Underlying common stock
18,309 shares
Shares underlying RSUs and phantom units
Key Terms
Phantom Stock Units, Restricted Stock Units, deferred compensation, 2016 Non-Employee Directors' Long-Term Equity Compensation Plan, +1 more
5 terms
Phantom Stock Units financial
"Represents deferral of vested restricted stock units as deferred compensation under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Restricted Stock Units financial
"Represents restricted stock units granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferred compensation financial
"Represents deferral of vested restricted stock units as deferred compensation under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
2016 Non-Employee Directors' Long-Term Equity Compensation Plan financial
"Granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
Exercise or conversion of derivative security financial
"Transaction code description: Exercise or conversion of derivative security."
FAQ
What insider transaction did Enviri (NVRI) director Carolann Haznedar report?
Carolann Haznedar reported equity compensation activity, not an open-market trade. She exercised 18,309 Restricted Stock Units and deferred them into 18,309 Phantom Stock Units under Enviri’s 2016 Non-Employee Directors' Long-Term Equity Compensation Plan.
How many Enviri (NVRI) phantom stock units does the director now hold?
After the reported transaction, the director holds 83,047 Phantom Stock Units. These units track Enviri common stock and represent deferred compensation that will eventually settle in shares upon a specified corporate event.
Are the Enviri (NVRI) insider transactions a stock purchase or sale?
The transactions are classified as acquisitions tied to compensation, not market buys or sells. They include a grant of 18,309 Phantom Stock Units and the exercise of 18,309 Restricted Stock Units, both under Enviri’s non-employee director equity plan.
What plan governs the Enviri (NVRI) director’s RSU and phantom unit awards?
Both the Restricted Stock Units and Phantom Stock Units are granted under Enviri’s 2016 Non-Employee Directors' Long-Term Equity Compensation Plan, which provides equity-based compensation and allows directors to defer vested awards as phantom stock units.