Enviri (NVRI) VP settles RSUs and uses shares to cover taxes
Rhea-AI Filing Summary
Enviri Corp executive Samuel Darden Romaninsky, VP, General Counsel & CCO, reported routine equity compensation activity involving restricted stock units that convert into common shares on a one-for-one basis.
On May 20, 2026, he exercised 16,195 restricted stock units, receiving the same number of Enviri common shares. In a related step, 7,439 common shares were disposed of at $19.53 per share to satisfy tax obligations, a tax-withholding disposition rather than an open-market sale.
The footnote explains these restricted stock units were granted under the 2013 Equity and Incentive Compensation Plan and were vested and settled after approval on May 18, 2026 by Enviri’s board, in connection with the company’s sale of its Clean Earth division. After these transactions, Romaninsky continues to hold a substantial direct stake in Enviri common stock, and there are no remaining restricted stock units from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,756 shares
Net Buy
3 txns
Insider
Romaninsky Samuel Darden
Role
VP, General Counsel & CCO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 16,195 | $0.00 | $0.00 |
| Exercise | Common Stock, $1.25 par value | 16,195 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $1.25 par value | 7,439 | $19.53 | $145K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, $1.25 par value — 55,329 shares (Direct)
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 have been vested and settled, as approved on May 18, 2026 by the Enviri Board of Directors in connection with Envir's sale of its Clean Earth division.
Key Figures
RSUs exercised: 16,195 units
Tax-withholding shares: 7,439 shares
Tax-withholding price: $19.53 per share
+3 more
6 metrics
RSUs exercised
16,195 units
Restricted stock units converted to common stock on May 20, 2026
Tax-withholding shares
7,439 shares
Common shares disposed to cover tax liability at vesting
Tax-withholding price
$19.53 per share
Price for 7,439-share tax-withholding disposition
Shares after tax-withholding line
55,329 shares
Direct common stock holdings following the F-code disposition
Shares after RSU exercise line
62,768 shares
Direct common stock holdings following M-code RSU exercise
Derivative RSUs remaining
0 units
Restricted stock units balance after settlement from this grant
Key Terms
Restricted stock units, 2013 Equity and Incentive Compensation Plan, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted stock units financial
"Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2013 Equity and Incentive Compensation Plan financial
"Restricted stock units granted under the 2013 Equity and Incentive Compensation Plan represent a contingent right..."
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represent a contingent right to receive Enviri common stock on a one-for-one basis..."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Enviri (NVRI) report for Samuel Darden Romaninsky?
Enviri reported that executive Samuel Darden Romaninsky exercised 16,195 restricted stock units into common shares and had 7,439 shares withheld at $19.53 each to cover tax obligations. These transactions are routine equity compensation and tax-settlement events, not open-market buying or selling.
What plan governed the Enviri (NVRI) restricted stock units in this Form 4?
The restricted stock units were granted under Enviri’s 2013 Equity and Incentive Compensation Plan. The filing notes these RSUs represented a contingent right to receive Enviri common stock and were fully vested and settled after board approval connected to the company’s Clean Earth division sale.
Why did Enviri’s (NVRI) board approve the RSU vesting noted in this Form 4?
The footnote explains that Enviri’s board approved vesting and settlement of the restricted stock units on May 18, 2026 in connection with the company’s sale of its Clean Earth division. This links the equity compensation event to a broader corporate transaction involving that business.