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ENVIRI (NVRI) President nets stock from 102,967‑unit award vesting

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ENVIRI Corp President & COO Russell C. Hochman reported compensation-related equity activity. He received 102,967 shares of common stock upon vesting and settlement of performance share unit awards tied to the sale of Enviri's Clean Earth division and the awards' terms.

Each performance share unit vested at 200% of the target level, based on Enviri’s total shareholder return versus the S&P 600 Industrials Index. To cover tax obligations, 23,051 shares were withheld, and Hochman now directly holds 271,590 shares of common stock. These were not open-market purchases or sales, but equity award vesting and associated tax withholding.

Positive

  • None.

Negative

  • None.
Insider Hochman Russell C.
Role President & COO
Type Security Shares Price Value
Exercise Performance Share Units 102,967 $0.00 --
Exercise Common Stock 49,742 $0.00 --
Tax Withholding Common Stock 23,051 $19.18 $442K
Holdings After Transaction: Performance Share Units — 49,742 shares (Direct, null); Common Stock — 271,590 shares (Direct, null)
Footnotes (1)
  1. Represents shares issued upon vesting and settlement of performance share unit awards, as approved on May 18, 2026 by the Enviri Board of Directors in connection with Enviri's sale of its Clean Earth division, which portion of the performance share unit awards settled in stock in accordance with the award's terms. Each performance share unit vested at 200% of the target number of performance share units reported on the reporting person's Form 4 filed March 6, 2025, based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index. The remining portion of the performance share units will settle in cash in accordance with the award's terms.
PSUs vested into stock 102,967 units/shares Performance share units settled in ENVIRI common stock
Shares withheld for taxes 23,051 shares Tax-withholding disposition on PSU vesting
Direct holdings after transactions 271,590 shares ENVIRI common stock held by Russell Hochman after Form 4
PSU vesting multiple 200% of target Vesting level based on TSR vs S&P 600 Industrials Index
Tax-withholding shares (summary) 23,051 shares TaxWithholdingShares in transactionSummary
performance share unit financial
"Represents shares issued upon vesting and settlement of performance share unit awards"
A performance share unit (PSU) is a form of executive or employee pay that promises shares (or the cash value of shares) only if the company meets specific performance targets over a set period. Think of it like a bonus cheque that only arrives if the company hits agreed goals — it aligns managers’ rewards with business results and signals to investors how leadership is being incentivized to grow value over time.
total shareholder return financial
"based on the total shareholder return of Enviri common stock"
Total shareholder return is the overall gain an investor gets from owning a stock, combining changes in the share price plus any cash payouts like dividends, and assuming those payouts are reinvested in more shares. Investors use it like a single score that shows the true return on their investment—similar to checking both the growth of a savings account and the interest earned—to compare how well different companies or investments perform over time.
S&P 600 Industrials Index financial
"relative to the S&P 600 Industrials Index"
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.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hochman Russell C.
(Last)(First)(Middle)
TWO LOGAN SQUARE
100-120 N. 18TH STREET, 17TH FLOOR
(Street)
PHILADELPHIA PENNSYLVANIA 19103
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
ENVIRI Corp [ NVRI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/19/2026M49,742(1)A$0271,590D
Common Stock05/19/2026F23,051D$19.18248,539D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Share Units(2)05/19/2026M102,967 (2)12/31/2027Common Stock102,967$049,742D
Explanation of Responses:
1. Represents shares issued upon vesting and settlement of performance share unit awards, as approved on May 18, 2026 by the Enviri Board of Directors in connection with Enviri's sale of its Clean Earth division, which portion of the performance share unit awards settled in stock in accordance with the award's terms.
2. Each performance share unit vested at 200% of the target number of performance share units reported on the reporting person's Form 4 filed March 6, 2025, based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index. The remining portion of the performance share units will settle in cash in accordance with the award's terms.
Remarks:
/s/ Russell C. Hochman05/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did ENVIRI (NVRI) President & COO Russell Hochman report in this Form 4?

Russell Hochman reported vesting of performance share units into 102,967 ENVIRI common shares, plus associated tax withholding. These transactions reflect equity award settlement rather than open-market buying or selling of ENVIRI stock.

How many ENVIRI (NVRI) shares did Russell Hochman receive from award vesting?

He received 102,967 shares of ENVIRI common stock upon vesting and settlement of performance share unit awards. These units converted into shares in line with the award terms approved by ENVIRI’s Board of Directors.

How many ENVIRI (NVRI) shares were withheld for Russell Hochman’s taxes?

A total of 23,051 ENVIRI common shares were withheld to satisfy tax liabilities arising from the vesting of performance share units. This tax-withholding disposition is recorded with transaction code F, not as an open-market stock sale.

What are Russell Hochman’s ENVIRI (NVRI) holdings after these transactions?

After the transactions, Russell Hochman directly holds 271,590 shares of ENVIRI common stock. This figure reflects his updated post-vesting ownership, after accounting for shares withheld to cover related tax obligations on the equity award settlement.

How were ENVIRI (NVRI) performance share units determined to vest for Russell Hochman?

Each performance share unit vested at 200% of its target amount, based on ENVIRI’s total shareholder return compared with the S&P 600 Industrials Index. This led to 102,967 units settling in stock, with the remaining portion settling in cash.

What corporate event is tied to these ENVIRI (NVRI) share awards for Russell Hochman?

The equity settlement was approved in connection with ENVIRI’s sale of its Clean Earth division. The Board approved vesting and settlement of certain performance share unit awards following that transaction, consistent with the awards’ original terms.