Enviri (NVRI) CFO exercises 21,172 RSUs and has 9,723 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enviri Corp SVP and CFO Tom George exercised restricted stock units and settled related taxes using shares. On March 11, 2026, he converted 21,172 restricted stock units into 21,172 shares of common stock. To cover tax obligations, 9,723 common shares were withheld at $17.94 per share. Following these compensation-related transactions, he directly holds 274,430 shares of Enviri common stock. The restricted stock units were granted under the 2013 Equity and Incentive Compensation Plan and represent a right to receive Enviri common stock on a one-for-one basis when they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,172 shares exercised/converted
Mixed
3 txns
Insider
Vadaketh Tom George
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,172 | $0.00 | -- |
| Exercise | Common Stock | 21,172 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,723 | $17.94 | $174K |
Holdings After Transaction:
Restricted Stock Units — 165,805 shares (Direct);
Common Stock — 284,153 shares (Direct)
Footnotes (1)
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FAQ
What did Enviri (NVRI) CFO Tom George report in this Form 4?
Enviri SVP and CFO Tom George reported exercising 21,172 restricted stock units into 21,172 shares of common stock. He also had 9,723 common shares withheld to cover tax obligations, and now directly holds 274,430 Enviri common shares after these compensation-related transactions.
How many Enviri (NVRI) restricted stock units did the CFO convert?
He converted 21,172 restricted stock units into 21,172 shares of Enviri common stock. These units were granted under the 2013 Equity and Incentive Compensation Plan and represent a one-for-one right to receive common shares upon vesting, according to the disclosed footnote.
What does the tax withholding transaction mean in Enviri (NVRI) CFO’s Form 4?
The filing shows 9,723 Enviri common shares withheld at $17.94 per share to satisfy tax liabilities. This is coded as a tax-withholding disposition, not an open-market sale, and is a standard mechanism tied to equity compensation vesting or exercise events.
Under which plan were the Enviri (NVRI) restricted stock units granted?
The restricted stock units were granted under Enviri’s 2013 Equity and Incentive Compensation Plan. Each unit represents a contingent right to receive one share of Enviri common stock and vests in one-third increments on each of the first three anniversaries of the original grant date.