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Enviri (NVRI) president’s performance share units vest at 200% and convert

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

Rhea-AI Filing Summary

Enviri Corp president Christophe Reitemeier reported equity compensation activity involving performance share units and common stock. On February 26, 2026, he exercised 7,494 performance share units at $0.00, converting them into 14,988 shares of common stock. A portion of these shares was then used to cover taxes, with 7,045 common shares disposed of at $18.59 per share in a tax-withholding transaction. After these moves, his direct common stock holdings totaled 27,709 shares. The footnotes explain that the performance share units vested at 200% of target, based on Enviri’s total shareholder return versus the S&P 600 Industrials Index over a performance period ending December 31, 2025, as approved by the board’s Management Development & Compensation Committee on February 18, 2026.

Positive

  • None.

Negative

  • None.

Insights

Routine equity award vesting and tax withholding with no clear thesis impact.

The activity centers on performance share units vesting and converting into Enviri common stock for President-Harsco Environmental, Christophe Reitemeier. He acquired 14,988 common shares via derivative exercise at $0.00, reflecting previously granted equity awards rather than open-market buying.

A tax-withholding transaction then disposed of 7,045 shares at $18.59 per share, a standard mechanism to satisfy tax obligations on vested awards. Following these entries, his direct holdings stood at 27,709 shares of common stock, indicating continued equity exposure to the company.

The footnotes note that each performance share unit vested at 200% of target, based on total shareholder return relative to the S&P 600 Industrials Index over the period ending December 31, 2025, and was approved by the compensation committee on February 18, 2026. This links payout levels directly to disclosed performance criteria.

Insider Reitemeier Christophe
Role President-Harsco Environmental
Type Security Shares Price Value
Exercise Performance Share Units 7,494 $0.00 --
Exercise Common Stock 14,988 $0.00 --
Tax Withholding Common Stock 7,045 $18.59 $131K
Holdings After Transaction: Performance Share Units — 0 shares (Direct); Common Stock — 34,754 shares (Direct)
Footnotes (1)
  1. Represents shares issued upon vesting of performance share unit awards reported in Table II of this Form 4, as approved on February 18, 2026 by the Management Development & Compensation Committee of the Enviri Board of Directors. Each performance share unit vested at 200% of the target number of performance share units reported on the reporting person's Form 3 filed January 10, 2025, based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index over the performance period ended December 31, 2025.
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*
Reitemeier Christophe

(Last) (First) (Middle)
TWO LOGAN SQUARE
100-120 N. 18TH STREET, 17TH FLOOR

(Street)
PHILADELPHIA PA 19103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ENVIRI Corp [ NVRI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President-Harsco Environmental
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
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 02/26/2026 M 14,988(1) A $0 34,754 D
Common Stock 02/26/2026 F 7,045 D $18.59 27,709 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
Performance Share Units (2) 02/26/2026 M 7,494 (2) 12/31/2025 Common Stock 7,494 $0 0 D
Explanation of Responses:
1. Represents shares issued upon vesting of performance share unit awards reported in Table II of this Form 4, as approved on February 18, 2026 by the Management Development & Compensation Committee of the Enviri Board of Directors.
2. Each performance share unit vested at 200% of the target number of performance share units reported on the reporting person's Form 3 filed January 10, 2025, based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index over the performance period ended December 31, 2025.
Remarks:
/s/ Christophe Reitemeier 03/02/2026
** 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 insider transactions did Enviri Corp (NVRI) report for Christophe Reitemeier?

Enviri reported that President-Harsco Environmental Christophe Reitemeier exercised 7,494 performance share units into 14,988 common shares, then used 7,045 shares at $18.59 each for tax withholding, ending with 27,709 directly held common shares after these transactions.

How many Enviri (NVRI) shares does Christophe Reitemeier hold after these transactions?

After the reported activity, Christophe Reitemeier directly holds 27,709 Enviri common shares. This reflects 14,988 shares acquired from performance share unit conversion and 7,045 shares disposed of to cover tax obligations tied to the vesting event.

What price was used for the Enviri (NVRI) tax-withholding share disposition?

The tax-withholding disposition used a share price of $18.59 for 7,045 Enviri common shares. This transaction was coded as a tax-related disposition (code F), covering exercise price or tax liability rather than representing an open-market sale by the executive.

How did Enviri (NVRI) determine the performance share unit payout for Reitemeier?

Each performance share unit vested at 200% of its target level, based on Enviri’s total shareholder return versus the S&P 600 Industrials Index over a period ending December 31, 2025. This vesting and issuance were approved by the board’s Management Development & Compensation Committee.

What type of transaction is coded as M in the Enviri (NVRI) Form 4?

In this disclosure, code M represents the exercise or conversion of a derivative security, specifically performance share units converting into Enviri common stock. Reitemeier acquired 7,494 units and received 14,988 common shares at no exercise price under this code.

Who approved the Enviri (NVRI) performance share unit vesting for Christophe Reitemeier?

The vesting and share issuance were approved on February 18, 2026, by Enviri’s Management Development & Compensation Committee of the board of directors. This committee oversaw the performance assessment and authorized the 200% of target payout for the performance share units.