ENVIRI director exercises 18,309 RSUs into stock
ENVIRI Corp director Edgar M. Purvis Jr. exercised vested equity awards and increased his direct ownership in the company.
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Rhea-AI Filing Summary
ENVIRI Corp director Edgar M. Purvis Jr. exercised vested equity awards and increased his direct ownership in the company. On May 7, 2026, he converted 18,309 Restricted Stock Units into an equal number of common shares at a price of $0.00 per share, reflecting a stock-based compensation vesting event rather than a market purchase.
The Restricted Stock Units were granted under ENVIRI's 2016 Non-Employee Directors' Long-Term Equity Compensation Plan and vested on the first anniversary of their May 7, 2025 grant date. Following this exercise, Purvis directly holds 101,925 shares of ENVIRI common stock, with no remaining units from this specific grant.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,309 | $0.00 | $0.00 |
| Exercise | Common Stock | 18,309 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Restricted Stock Units financial
2016 Non-Employee Directors' Long-Term Equity Compensation Plan financial
Exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ENVIRI Corp (NVRI) report for Edgar M. Purvis Jr.?
What plan governed the Restricted Stock Units exercised by the ENVIRI (NVRI) director?
Is the ENVIRI (NVRI) Form 4 transaction a routine equity vesting event?
AI-generated analysis. How Rhea-AI works. Not financial advice.