Enviri (NYSE: NVRI) COO exercises RSUs and reports tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ENVIRI Corp’s President & COO Russell C. Hochman exercised 11,780 restricted stock units into common stock on March 11, 2026. A portion of the resulting shares, 5,459, was withheld at $17.94 per share to satisfy tax obligations, which is a non‑market disposition.
Following these transactions, Hochman directly holds 224,686 shares of common stock. He also holds 44,942 restricted stock units, which represent a right to receive Enviri common stock on a one‑for‑one basis and vest in one‑third increments on each of the first three anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,780 shares exercised/converted
Mixed
3 txns
Insider
Hochman Russell C.
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,780 | $0.00 | -- |
| Exercise | Common Stock | 11,780 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,459 | $17.94 | $98K |
Holdings After Transaction:
Restricted Stock Units — 44,942 shares (Direct);
Common Stock — 230,145 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did ENVIRI (NVRI) report for Russell C. Hochman?
ENVIRI reported that President & COO Russell C. Hochman exercised 11,780 restricted stock units into common stock. As part of the same event, 5,459 shares were withheld at $17.94 per share to cover tax obligations, a non-market, tax-related disposition.
Were Russell C. Hochman’s ENVIRI (NVRI) transactions open-market buys or sells?
No open-market buys or sells were reported. The Form 4 shows an exercise of 11,780 restricted stock units and a related disposition of 5,459 shares solely to satisfy tax obligations at $17.94 per share, rather than a discretionary market trade.
What do Russell C. Hochman’s restricted stock units in ENVIRI (NVRI) represent?
The restricted stock units represent a contingent right to receive ENVIRI common stock on a one-for-one basis. According to the disclosure, these units vest in one-third increments on each of the first three anniversaries of the grant date under the 2013 equity plan.
How many restricted stock units did ENVIRI (NVRI) executive Russell C. Hochman exercise?
Russell C. Hochman exercised 11,780 restricted stock units into ENVIRI common stock on March 11, 2026. This exercise converted derivative equity awards into actual common shares as part of his compensation, with some resulting shares withheld to cover associated tax liabilities.