Enviri (NVRI) president exercises 2,498 RSUs, 1,175 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enviri Corp President-Harsco Environmental Christophe Reitemeier exercised previously granted restricted stock units into common shares as part of his equity compensation. He converted 2,498 restricted stock units into the same number of Enviri common shares.
To cover tax obligations, 1,175 common shares were withheld at $17.65 per share, leaving him with a higher direct equity stake. Following these transactions, he directly owns 33,215 shares of Enviri common stock, reflecting a routine compensation-related exercise and tax withholding rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,498 shares exercised/converted
Mixed
3 txns
Insider
Reitemeier Christophe
Role
President-Harsco Environmental
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,498 | $0.00 | -- |
| Exercise | Common Stock | 2,498 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,175 | $17.65 | $21K |
Holdings After Transaction:
Restricted Stock Units — 24,196 shares (Direct);
Common Stock — 34,390 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Enviri (NVRI) report for Christophe Reitemeier?
Enviri reported that President-Harsco Environmental Christophe Reitemeier exercised 2,498 restricted stock units into common shares. This was a compensation-related derivative exercise, not an open-market purchase or sale, and increased his direct ownership stake in Enviri common stock.
What type of equity award did Enviri (NVRI) report for Christophe Reitemeier?
The transaction involves restricted stock units granted under Enviri’s 2013 Equity and Incentive Compensation Plan. Each unit represents a contingent right to receive one Enviri common share, vesting in one-third increments on each of the first three anniversaries of the grant date.
Is the Enviri (NVRI) Form 4 transaction a buy or sell signal for investors?
The Form 4 reflects a routine compensation event, not a directional market bet. Reitemeier exercised 2,498 restricted stock units and had 1,175 shares withheld for taxes, which is standard for equity awards and does not represent an open-market buy or sell decision.