ENVIRI (NVRI) director converts 18,309 RSUs, lifts holdings to 47,760 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ENVIRI Corp director Timothy M. Laurion exercised 18,309 restricted stock units into the same number of common shares on May 7, 2026 at a cash exercise price of $0.00 per share. These RSUs were granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan and vested on the first anniversary of the May 7, 2025 grant. After this vesting and conversion, Laurion directly holds 47,760 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,309 shares exercised/converted
Mixed
2 txns
Insider
LAURION TIMOTHY M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,309 | $0.00 | -- |
| Exercise | Common Stock | 18,309 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 47,760 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 18,309 shares
Common shares after transaction: 47,760 shares
Exercise price: $0.00 per share
+2 more
5 metrics
RSUs exercised
18,309 shares
Restricted Stock Units converted into common stock on May 7, 2026
Common shares after transaction
47,760 shares
Direct holdings of Timothy M. Laurion following RSU conversion
Exercise price
$0.00 per share
Cash exercise or conversion price for the RSUs
Exercise transactions
1 exercise, 18,309 shares
Derivative exercise/conversion events in transaction summary
Acquire-type transactions
2 acquire entries
Both the derivative and underlying share records marked as acquire
Key Terms
Restricted Stock Units, 2016 Non-Employee Directors' Long-Term Equity Compensation Plan, derivative security
3 terms
Restricted Stock Units financial
"Represents restricted stock units granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
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.
2016 Non-Employee Directors' Long-Term Equity Compensation Plan financial
"Granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
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.
FAQ
What insider transaction did ENVIRI Corp (NVRI) report for Timothy M. Laurion?
ENVIRI Corp reported that director Timothy M. Laurion exercised 18,309 restricted stock units into 18,309 common shares. The transaction reflects RSU vesting and conversion, not an open‑market purchase or sale, and increased his directly held common stock position.
What type of security did Timothy M. Laurion convert in the ENVIRI Corp (NVRI) Form 4?
Laurion converted 18,309 Restricted Stock Units into 18,309 shares of ENVIRI Corp common stock. Restricted Stock Units are equity awards that typically convert into shares upon vesting, as happened here under the company’s 2016 Non-Employee Directors' Long-Term Equity Compensation Plan.
Was there a cash exercise price for Timothy M. Laurion’s ENVIRI Corp (NVRI) RSU conversion?
The RSU conversion carried a stated exercise or conversion price of $0.00 per share. This indicates the shares were delivered as part of an equity award vesting event rather than a cash-paid option exercise or open‑market purchase requiring Laurion to pay a share price.
Which ENVIRI Corp (NVRI) equity plan governed Timothy M. Laurion’s restricted stock units?
The restricted stock units were granted under ENVIRI Corp’s 2016 Non-Employee Directors' Long-Term Equity Compensation Plan. The footnote explains that each RSU vested at the close of business on the first anniversary of the May 7, 2025 grant date before converting into common shares.