Enviri SVP exercises RSUs, withholds shares for tax
Enviri Corp senior vice president Jeffrey A. Beswick reported equity award activity involving restricted stock units and common stock.
Rhea-AI Filing Summary
Enviri Corp senior vice president Jeffrey A. Beswick reported equity award activity involving restricted stock units and common stock. On the transaction date, 14,336 restricted stock units were exercised or converted into 14,336 shares of Enviri common stock at a stated price of $0.00 per share. In a related move, 6,351 common shares were disposed of at $18.16 per share to cover tax obligations associated with the award, a tax-withholding disposition rather than an open-market sale. After these transactions, Beswick directly held 107,398 shares of Enviri common stock. The footnote explains that the restricted stock units were granted under the 2013 Equity and Incentive Compensation Plan and vest in one-third increments on each of the first three anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,336 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,336 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,351 | $18.16 | $115K |
Footnotes (1)
- F1. Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right to receive Enviri common stock on a one-for-one basis when the restricted stock units vest. The restricted stock units vest in one-third increments on each of the first three anniversaries of the date of the grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Enviri (NVRI) SVP Jeffrey Beswick report?
Did the Enviri (NVRI) insider Form 4 reflect an open-market stock sale?
What equity plan governs the Enviri (NVRI) restricted stock units in this Form 4?
How do the Enviri (NVRI) restricted stock units for Jeffrey Beswick vest?
What does transaction code “M” mean in the Enviri (NVRI) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.