ENVIRI (NVRI) VP exercises 16,231 RSUs, withholds 7,505 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ENVIRI Corp VP & Corporate Controller Samuel C. Fenice reported routine equity compensation activity involving restricted stock units and common stock. On May 20, 2026, he exercised 16,231 restricted stock units, converting them into the same number of ENVIRI common shares.
To cover tax obligations, 7,505 common shares were disposed of as a tax-withholding transaction, not an open-market sale. Following these transactions, Fenice directly owned 73,583 common shares and indirectly held 559 common shares through a managed account. The footnote explains that these RSUs vested and were settled under the 2013 Equity and Incentive Compensation Plan, as approved in connection with ENVIRI’s sale of its Clean Earth division.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,231 shares exercised/converted
Mixed
4 txns
Insider
Fenice Samuel C.
Role
VP & Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,231 | $0.00 | -- |
| Exercise | Common Stock | 16,231 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,505 | $19.53 | $147K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 81,088 shares (Direct, null);
Common Stock — 559 shares (Indirect, by Managed Account)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 16,231 units
Shares for tax withholding: 7,505 shares
Direct holdings after transaction: 73,583 shares
+3 more
6 metrics
RSUs exercised
16,231 units
Restricted stock units converted into common stock on May 20, 2026
Shares for tax withholding
7,505 shares
Common shares disposed as tax-withholding on May 20, 2026
Direct holdings after transaction
73,583 shares
ENVIRI common stock directly owned after Form 4 transactions
Indirect holdings after transaction
559 shares
ENVIRI common stock held indirectly via managed account
RSU exercise price
$0.00 per unit
Conversion or exercise price for restricted stock units
Tax-withholding reference price
$19.53 per share
Price per share used for tax-withholding disposition
Key Terms
Restricted Stock Units, tax-withholding disposition, Exercise or conversion of derivative security, 2013 Equity and Incentive Compensation Plan, +1 more
5 terms
Restricted Stock Units financial
"Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right to receive Enviri common stock"
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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
2013 Equity and Incentive Compensation Plan financial
"Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right"
managed account financial
"total_shares_following_transaction": "559.0000" ... nature_of_ownership": "by Managed Account""
FAQ
What insider transactions did ENVIRI (NVRI) report for Samuel C. Fenice?
ENVIRI reported that VP & Corporate Controller Samuel C. Fenice exercised 16,231 restricted stock units into common shares and had 7,505 shares disposed to satisfy tax obligations. These are compensation-related events rather than open-market share purchases or sales.
What was the size of the restricted stock unit exercise in ENVIRI (NVRI)’s Form 4?
The filing shows an exercise of 16,231 restricted stock units, each converting into one ENVIRI common share. This RSU vesting and settlement occurred as part of equity compensation, rather than an open-market stock purchase transaction by the executive.