ENVIRI (NYSE: NVRI) SVP exercises 7,644 RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ENVIRI Corp Senior Vice President & CHRO Jennifer Ott Kozak exercised equity awards and had shares withheld for taxes. On 2026-03-07, she converted 7,644 restricted stock units into the same number of common shares at a conversion price of $0.00 per share. To cover tax obligations, 3,511 common shares were disposed of at $17.65 per share through a tax-withholding transaction, not an open-market sale. Following these transactions, she directly holds 82,213 shares of common stock and 34,776 restricted stock units, reflecting a routine compensation-related equity exercise and associated tax settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,644 shares exercised/converted
Mixed
3 txns
Insider
Kozak Jennifer Ott
Role
Senior Vice President & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,644 | $0.00 | -- |
| Exercise | Common Stock | 7,644 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,511 | $17.65 | $62K |
Holdings After Transaction:
Restricted Stock Units — 34,776 shares (Direct);
Common Stock — 85,724 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ENVIRI Corp (NVRI) report for Jennifer Ott Kozak?
ENVIRI Corp reported that Senior Vice President & CHRO Jennifer Ott Kozak exercised 7,644 restricted stock units into common shares. A portion of the resulting shares was then used to satisfy tax obligations through a tax-withholding transaction, a standard mechanism for equity compensation.
What are Jennifer Ott Kozak’s ENVIRI (NVRI) holdings after this Form 4 transaction?
After the reported transactions, Jennifer Ott Kozak directly holds 82,213 shares of ENVIRI common stock. She also holds 34,776 restricted stock units, which represent a contingent right to receive common shares upon vesting under the company’s equity and incentive compensation plan.
Was the ENVIRI (NVRI) insider transaction an open-market sale?
The filing shows no open-market sale. Instead, 3,511 ENVIRI common shares were disposed of under code F, meaning they were withheld to satisfy tax obligations related to the equity exercise, a common administrative step in stock-based compensation.
What plan governs the restricted stock units in ENVIRI’s (NVRI) Form 4 filing?
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 common stock, vesting in one-third increments on each of the first three anniversaries of the grant date.