Enviri CFO settles RSUs, withholds shares for tax
Enviri Corp SVP and CFO Tom George reported equity compensation activity involving restricted stock units and related tax withholding.
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Form Type
4
Rhea-AI Filing Summary
Enviri Corp SVP and CFO Tom George reported equity compensation activity involving restricted stock units and related tax withholding. He exercised or converted 165,805 restricted stock units into the same number of Enviri common shares and then had 76,139 shares withheld to satisfy tax obligations, a non‑market disposition coded as a tax-withholding transaction.
Following these transactions, he directly holds 412,675 shares of common stock. A footnote explains that the restricted stock units were granted under Enviri’s 2013 Equity and Incentive Compensation Plan and were vested and settled as approved on May 18, 2026 in connection with Enviri’s sale of its Clean Earth division.
Insider Trade Summary
165,805 shares exercised/converted
Exercise
3 txns
Insider
Vadaketh Tom George
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 165,805 | $0.00 | $0.00 |
| Exercise | Common Stock | 165,805 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 76,139 | $19.53 | $1.49M |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 412,675 shares (Direct)
Footnotes (1)
- F1. 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 have been vested and settled, as approved on May 18, 2026 by the Enviri Board of Directors in connection with Envirs sale of its Clean Earth division.
Key Figures
RSUs exercised: 165,805 units
Shares withheld for tax: 76,139 shares
Tax-withholding price: $19.53 per share
+3 more
6 metrics
RSUs exercised
165,805 units
Restricted stock units converted to common stock on May 20, 2026
Shares withheld for tax
76,139 shares
Tax-withholding disposition at $19.53 per share
Tax-withholding price
$19.53 per share
Value used for 76,139-share tax-withholding transaction
Direct holdings after transactions
412,675 shares
Common stock directly owned by CFO after Form 4 transactions
Shares after exercise entry
488,814 shares
Total common shares shown following derivative exercise entry
Tax-withholding shares summary
76,139 shares
TaxWithholdingShares in transaction summary
Key Terms
Restricted stock units, Equity and Incentive Compensation Plan, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted stock units financial
"Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right"
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.
Equity and Incentive Compensation Plan financial
"Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represent a contingent right to receive Enviri common stock on a one-for-one basis"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Enviri (NVRI) CFO Tom George report in this Form 4?
Enviri SVP and CFO Tom George reported equity compensation activity. He exercised 165,805 restricted stock units into common shares and had 76,139 shares withheld to cover tax obligations, then directly held 412,675 Enviri common shares.
Were Enviri (NVRI) CFO Tom George’s Form 4 transactions open-market trades?
No, the transactions were not open-market trades. The Form 4 shows a derivative exercise of 165,805 restricted stock units and a tax-withholding disposition of 76,139 shares, both classified as compensation and tax events rather than market purchases or sales.
What equity awards were involved in the Enviri (NVRI) CFO’s Form 4 filing?
The filing involves restricted stock units granted under Enviri’s 2013 Equity and Incentive Compensation Plan. A total of 165,805 restricted stock units vested and were settled into Enviri common stock on a one-for-one basis before related tax-withholding transactions occurred.
Why did Enviri (NVRI) restricted stock units vest and settle on this date?
The footnote explains that the restricted stock units vested and settled as approved on May 18, 2026 by Enviri’s Board of Directors. This approval was in connection with Enviri’s sale of its Clean Earth division and triggered settlement of the equity awards.
What does the tax-withholding disposition in the Enviri (NVRI) Form 4 mean?
The tax-withholding disposition reflects 76,139 shares delivered to cover tax liabilities arising from the vesting and settlement of restricted stock units. It is coded as a tax-related disposition, indicating shares were withheld rather than sold in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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