Enviri (NYSE: NVRI) CEO reports 1,295,739-share holdings after PSU vesting
Rhea-AI Filing Summary
Enviri Corp chairman and CEO F. Nicholas Grasberger III reported the vesting and settlement of performance share units and related transactions in Enviri common stock. On December 16, 2025, performance share units covering 432,920 and 630,766 shares vested and were settled into common stock at an exercise price of $0, following approval by the Management Development & Compensation Committee on December 15, 2025.
To satisfy related obligations and in a separate sale, he disposed of 198,787, 315,382, and 144,825 shares at $17.85 per share. After these transactions, he directly owned 1,295,739 Enviri common shares. The performance share units vested at 200% of target based on Enviri’s total shareholder return versus the S&P 600 Industrials Index, with half of one award settled in shares and half in cash.
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FAQ
What insider transactions did Enviri Corp (NVRI) report on December 16, 2025?
Enviri reported that chairman and CEO F. Nicholas Grasberger III had performance share units vest and convert into common stock, and that he disposed of 198,787, 315,382, and 144,825 shares of Enviri common stock at $17.85 per share.
How many Enviri (NVRI) shares does F. Nicholas Grasberger III own after these transactions?
After the reported transactions on December 16, 2025, F. Nicholas Grasberger III directly owned 1,295,739 shares of Enviri common stock.
What performance conditions triggered the vesting of Enviri (NVRI) performance share units?
The performance share units vested at 200% of the target number based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index, as described in the footnotes.
At what price were Enviri (NVRI) shares disposed of in these insider transactions?
The reported share disposals, including deemed surrenders and a sale of 315,382 shares, occurred at a price of $17.85 per Enviri common share.
How were the Enviri (NVRI) performance share units settled for F. Nicholas Grasberger III?
One performance share unit award was settled in Enviri common stock, while another award was settled 50% in shares and 50% in cash, as noted in the explanation of responses.
Who approved the share issuance upon vesting of Enviri (NVRI) performance share units?
The shares issued upon vesting of performance share unit awards were approved on December 15, 2025 by the Management Development & Compensation Committee of the Enviri Board of Directors.