STOCK TITAN

Enviri (NVRI) COO exercises performance units and withholds shares for taxes

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

Rhea-AI Filing Summary

Enviri Corp President & COO Russell C. Hochman reported equity award activity involving performance share units and common stock. On February 26, 2026, 37,047 performance share units were exercised or converted, resulting in 74,094 shares of common stock at a stated price of $0.0000 per share.

In a related tax-withholding transaction, 34,547 shares of common stock were disposed of at $18.5900 per share to cover exercise price or tax liabilities. After these transactions, Hochman directly held 197,831 shares of Enviri common stock. The footnotes state that each performance share unit vested at 200% of the target amount based on total shareholder return versus the S&P 600 Industrials Index for a period ending December 31, 2025, with vesting approved on February 18, 2026 by the Management Development & Compensation Committee.

Positive

  • None.

Negative

  • None.
Insider Hochman Russell C.
Role President & COO
Type Security Shares Price Value
Exercise Performance Share Units 37,047 $0.00 --
Exercise Common Stock 74,094 $0.00 --
Tax Withholding Common Stock 34,547 $18.59 $642K
Holdings After Transaction: Performance Share Units — 0 shares (Direct); Common Stock — 232,378 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 4 filed March 9, 2023, 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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Hochman Russell C.

(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 & COO
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 74,094(1) A $0 232,378 D
Common Stock 02/26/2026 F 34,547 D $18.59 197,831 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 37,047 (2) 12/31/2025 Common Stock 37,047 $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 4 filed March 9, 2023, 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/ Russell C. Hochman 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 (NVRI) report for Russell C. Hochman?

Enviri reported that President & COO Russell C. Hochman exercised 37,047 performance share units into 74,094 common shares and disposed of 34,547 shares for tax obligations. After these transactions, he directly held 197,831 shares of Enviri common stock.

How many Enviri (NVRI) shares did Russell C. Hochman acquire and dispose of?

Russell C. Hochman acquired 74,094 shares of Enviri common stock through the exercise of 37,047 performance share units and disposed of 34,547 shares in a tax-withholding transaction. Following these movements, his direct ownership totaled 197,831 common shares.

What was the purpose of Russell C. Hochman’s share disposition at Enviri (NVRI)?

The disposition of 34,547 Enviri common shares by Russell C. Hochman was for payment of the exercise price or tax liability, using delivered securities. This tax-withholding transaction was reported at a price of $18.5900 per share and followed the vesting of performance share units.

How were Enviri (NVRI) performance share units for Russell C. Hochman determined to vest?

Each performance share unit vested at 200% of the target number based on Enviri’s total shareholder return versus the S&P 600 Industrials Index. This performance period ended December 31, 2025, and vesting was approved February 18, 2026, by the Management Development & Compensation Committee.

What is Russell C. Hochman’s Enviri (NVRI) share ownership after the latest Form 4?

After exercising performance share units and completing a tax-withholding disposition, Russell C. Hochman directly held 197,831 shares of Enviri common stock. This figure reflects the net position following the 74,094-share acquisition and 34,547-share disposition on February 26, 2026.

What equity award activity did Enviri (NVRI) approve for Russell C. Hochman?

Enviri’s Management Development & Compensation Committee approved vesting of performance share unit awards for Russell C. Hochman on February 18, 2026. This led to exercising 37,047 units into 74,094 common shares, with vesting tied to total shareholder return over a performance period ending December 31, 2025.