ENVIRI SVP reports equity award vesting and tax share use
ENVIRI Corp senior vice president and CHRO Jennifer Ott Kozak reported equity award activity involving performance share units and common stock.
Rhea-AI Filing Summary
ENVIRI Corp senior vice president and CHRO Jennifer Ott Kozak reported equity award activity involving performance share units and common stock. On February 26, 2026, she exercised performance share units, converting 22,931 units into common stock and acquiring 45,862 common shares directly.
A separate disposition of 21,387 common shares at $18.59 per share was made to cover tax obligations associated with the award, leaving her with 72,583 directly held common shares. The footnotes explain that the performance share units vested at 200% of target based on Enviri’s total shareholder return versus the S&P 600 Industrials Index over the performance period ended December 31, 2025, following approval by the Management Development & Compensation Committee on February 18, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 22,931 | $0.00 | $0.00 |
| Exercise | Common Stock | 45,862 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 21,387 | $18.59 | $398K |
Footnotes (2)
- F1. Represents shares issued upon vesting of performance share unit awards reported in Table II of this Form 4, as approved on February 18, 2026 by the Management Development & Compensation Committee of the Enviri Board of Directors.
- F2. 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 9, 2023, based on the total shareholder return of Enviri common stock relative to the S&P 600 Industrials Index over the performance period ended December 31, 2025.
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