Enviri (NVRI) director converts 18,309 phantom units into common stock

Rhea-AI Filing Summary

Enviri Corp director O'Mara Rebecca Martinez exercised phantom stock units into common shares as part of deferred compensation. On May 18, 2026, 18,309 phantom stock units settled into 18,309 shares of Enviri common stock in connection with Enviri's sale of its Clean Earth division.

Following this settlement, the director directly holds 47,909 shares of Enviri common stock. The transaction reflects the exercise or conversion of a derivative security rather than an open-market purchase or sale.

Insider Trade Summary

18,309 shares exercised/converted

Mixed 2 txns

Insider O'Mara Rebecca Martinez

Role null

Type	Security	Shares	Price	Value
Exercise	Phantom Stock Units	18,309	$0.00	--
Exercise	Common Stock	18,309	$0.00	--

Holdings After Transaction: Phantom Stock Units — 0 shares (Direct, null); Common Stock — 47,909 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Phantom units exercised: 18,309 units Common shares received: 18,309 shares Shares held after transaction: 47,909 shares +1 more

4 metrics

Phantom units exercised 18,309 units Phantom Stock Units converted to common stock on May 18, 2026

Common shares received 18,309 shares Shares of Enviri common stock issued upon phantom unit settlement

Shares held after transaction 47,909 shares Director’s direct Enviri common stock holdings following May 18, 2026

Exercise price per unit $0.00 per unit Conversion of phantom stock units to common stock

Key Terms

Phantom Stock Units, deferred compensation, derivative security, exercise or conversion

4 terms

Phantom Stock Units financial

"Represents the settlement of deferred compensation, held in the form of phantom stock units"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

deferred compensation financial

"Represents the settlement of deferred compensation, held in the form of phantom stock units"

Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.

derivative security financial

"transaction_code_description: 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.

exercise or conversion financial

"transaction_action: derivative exercise/conversion"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

O'Mara Rebecca Martinez

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/18/2026		M		18,309	A	$0	47,909	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units	(1)	05/18/2026		M			18,309	(1)	(1)	Common Stock	18,309	$0	0	D

Explanation of Responses:

1. Represents the settlement of deferred compensation, held in the form of phantom stock units, in connection with Enviri's sale of its Clean Earth division. Each phantom stock unit settled in one share of Enviri common stock on May 18, 2026.

Remarks:

	/s/ Rebecca Martinez O'Mara	05/20/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did Enviri Corp (NVRI) report for O'Mara Rebecca Martinez?

Enviri Corp reported that director O'Mara Rebecca Martinez settled 18,309 phantom stock units into 18,309 common shares. This was an exercise or conversion of a derivative security, not an open-market trade, and was tied to deferred compensation arrangements.

How many Enviri (NVRI) shares does the director hold after the May 18, 2026 transaction?

After the May 18, 2026 settlement, the director holds 47,909 Enviri common shares directly. This reflects the addition of 18,309 shares received from converting phantom stock units associated with deferred compensation, with no reported open-market buying or selling.

What are phantom stock units in the Enviri Corp (NVRI) Form 4 filing?

In this filing, phantom stock units are deferred compensation instruments that track Enviri common stock value. On May 18, 2026, 18,309 phantom stock units each settled into one share of Enviri common stock, converting compensation balances into actual share ownership for the director.

Was the Enviri (NVRI) director’s May 18, 2026 transaction a stock sale or purchase?

The transaction was classified as an exercise or conversion of a derivative security, not a market purchase or sale. Phantom stock units representing deferred compensation were converted into 18,309 common shares, increasing the director’s direct share holdings without an open-market trade.

How is Enviri’s sale of its Clean Earth division linked to this Form 4 transaction?

The footnote explains that the phantom stock unit settlement occurred in connection with Enviri's sale of its Clean Earth division. Deferred compensation held as phantom stock units was settled into Enviri common shares on May 18, 2026 as part of that compensation arrangement.