Enviri (NVRI) president exercises 19,993 RSUs, with 9,398 shares withheld for taxes
Rhea-AI Filing Summary
Enviri Corp President-Harsco Environmental Christophe Reitemeier reported routine equity compensation activity involving restricted stock units tied to Enviri common stock. He exercised 19,993 restricted stock units, converting them into the same number of common shares. In connection with this vesting, 9,398 common shares were disposed of to cover tax obligations at an indicated price of $19.53 per share, which is a tax-withholding mechanism rather than an open-market sale. After these transactions, he directly held 66,491 common shares. A footnote explains that these 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 by the board in connection with Enviri’s sale of its Clean Earth division.
Positive
- None.
Negative
- None.
Insights
Executive equity grant vests; shares withheld only for taxes.
The filing shows Christophe Reitemeier exercising 19,993 restricted stock units into Enviri common shares, paired with a disposition of 9,398 shares strictly to satisfy tax obligations at $19.53 per share. No open-market buying or selling is reported.
All RSUs referenced here have now vested and been settled, and the derivativeSummary is empty, indicating no remaining RSUs from this specific award. Following the transactions, he directly holds 66,491 common shares, so the net change is modest relative to his disclosed position.
A footnote links the vesting and settlement to board approval on May 18, 2026 in connection with Enviri’s sale of its Clean Earth division. The events appear compensation-driven and administrative, making this a routine update rather than a directional signal about the company’s outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 19,993 | $0.00 | -- |
| Exercise | Common Stock | 19,993 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,398 | $19.53 | $184K |
Footnotes (1)
- [object Object]