Enviri (NYSE: NVRI) VP exercises 4,254 RSUs; 1,967 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enviri Corp VP & Corporate Controller Samuel C. Fenice exercised restricted stock units into 4,254 shares of Enviri common stock on March 11, 2026. These units were granted under the 2013 Equity and Incentive Compensation Plan and convert on a one-for-one basis when they vest.
To cover tax obligations from this vesting, 1,967 common shares were withheld at $17.94 per share, a non-market disposition. Following these transactions, Fenice directly holds 49,268 common shares and indirectly holds 559 common shares through a managed account.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,254 shares exercised/converted
Mixed
4 txns
Insider
Fenice Samuel C.
Role
VP & Corporate Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,254 | $0.00 | -- |
| Exercise | Common Stock | 4,254 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,967 | $17.94 | $35K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 16,231 shares (Direct);
Common Stock — 51,235 shares (Direct);
Common Stock — 559 shares (Indirect, by Managed Account)
Footnotes (1)
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FAQ
What insider transaction did Enviri (NVRI) disclose for Samuel C. Fenice?
Enviri disclosed that VP & Corporate Controller Samuel C. Fenice exercised 4,254 restricted stock units into common shares. The RSUs converted one-for-one into Enviri common stock under the company’s 2013 Equity and Incentive Compensation Plan upon vesting.
How many Enviri (NVRI) RSUs did Samuel C. Fenice exercise?
Samuel C. Fenice exercised 4,254 restricted stock units into Enviri common stock on March 11, 2026. These RSUs were granted under the 2013 Equity and Incentive Compensation Plan and convert into common stock on a one-for-one basis when they vest.
How were taxes handled on Samuel C. Fenice’s Enviri (NVRI) RSU vesting?
To satisfy tax obligations, 1,967 Enviri common shares were withheld at $17.94 per share. This F-coded transaction represents a tax-withholding disposition, not an open-market sale, and is a standard mechanism for covering tax liabilities on equity awards.
What are Samuel C. Fenice’s Enviri (NVRI) holdings after the reported transactions?
After the transactions, Samuel C. Fenice directly holds 49,268 Enviri common shares. The filing also reports an additional 559 Enviri common shares held indirectly through a managed account, reflecting both direct and indirect ownership positions disclosed in the document.
What plan governs the restricted stock units exercised by Enviri (NVRI) executive Samuel C. Fenice?
The restricted stock units were granted under Enviri’s 2013 Equity and Incentive Compensation Plan. According to the filing, these RSUs represent a contingent right to receive Enviri common stock and vest in one-third increments on each of the first three anniversaries of the grant date.
Did Samuel C. Fenice’s Enviri (NVRI) transaction involve an open-market stock sale?
The filing shows no open-market sale; it records an RSU exercise and tax withholding. Shares were delivered from vested restricted stock units, and 1,967 shares were withheld to cover tax liabilities rather than sold in the open market.