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Enviri (NVRI) CFO awarded common stock and performance RSUs in new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Minan Peter Francis reported acquisition or exercise transactions in this Form 4 filing.

Enviri Corp Executive Vice President & CFO Peter Francis Minan reported equity awards that increase his stake in the company. He received a grant of 78,125 shares of common stock as compensation, bringing his directly held common shares to 94,559 after the transaction.

He was also granted 76,924 Performance Restricted Stock Units under Enviri’s 2026 Omnibus Incentive Plan. These units each represent a contingent right to receive one share of common stock, with payout between 0% and 250% of target based on share-price performance from June 1, 2026 through June 30, 2029.

Positive

  • None.

Negative

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Insights

CFO received time-based and performance-based stock awards as routine equity compensation.

Enviri Corp granted its Executive Vice President & CFO, Peter Francis Minan, 78,125 shares of common stock and 76,924 Performance Restricted Stock Units (PRSUs). Both awards are part of the company’s 2026 Omnibus Incentive Plan and reflect non-cash compensation rather than open-market trading.

The restricted stock units vest in three equal installments on each anniversary of the grant date, aligning part of the CFO’s pay with multi-year service. The PRSUs pay out between 0% and 250% of the 76,924 target units depending on share-price performance measured from June 1, 2026 through June 30, 2029.

Because these are grants at a reported price of $0.00 per unit and not open-market buys or sales, they typically carry limited signaling value about management’s view of valuation. The filing shows Minan holding 94,559 common shares directly after the grant, while the eventual PRSU payout will depend on future performance against the plan’s share-price targets.

Insider Minan Peter Francis
Role Executive Vice President & CFO
Type Security Shares Price Value
Grant/Award Performance Restricted Stock Unit 76,924 $0.00 --
Grant/Award Common Stock 78,125 $0.00 --
Holdings After Transaction: Performance Restricted Stock Unit — 76,924 shares (Direct, null); Common Stock — 94,559 shares (Direct, null)
Footnotes (1)
  1. Restricted stock units granted under the Issuer's 2026 Omnibus Incentive Plan represent a contingent right to receive the Issuer's common stock on a one-for-one basis when the restricted stock units vest. Each reported restricted stock unit vests in three equal increments on each subsequent anniversary of the grant date. Represents the target number of Performance Restricted Stock Units granted under the Issuer's 2026 Omnibus Incentive Plan, each of which represents the contingent right to receive a variable amount of shares of the Issuer's common stock based on the level of achievement of share-price performance targets over the period of June 1, 2026, through June 30, 2029 (the "Performance Period"). The Performance Restricted Stock Units vest between 0% and 250% of target, measured as of the earlier of the final financial quarter of the Performance Period or during a measurement period ending no fewer than three days prior to a Change in Control of the Issuer.
Common stock grant 78,125 shares Common Stock awarded at $0.00 per share on June 15, 2026
Performance RSU grant 76,924 units Target Performance Restricted Stock Units granted June 15, 2026
Shares after grant 94,559 shares Total Enviri common shares directly held after transaction
PRSU payout range 0%–250% of target Based on share-price performance during June 1, 2026–June 30, 2029
Time-based RSU vesting 3 equal installments Vests annually on each anniversary of the grant date
Restricted stock units financial
"Restricted stock units granted under the Issuer's 2026 Omnibus Incentive Plan represent a contingent right to receive the Issuer's common stock"
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.
Performance Restricted Stock Units financial
"Represents the target number of Performance Restricted Stock Units granted under the Issuer's 2026 Omnibus Incentive Plan"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
2026 Omnibus Incentive Plan financial
"Restricted stock units granted under the Issuer's 2026 Omnibus Incentive Plan represent a contingent right"
Change in Control financial
"measurement period ending no fewer than three days prior to a Change in Control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
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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*
Minan Peter Francis

(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)
Executive Vice President & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
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 Stock06/15/2026A78,125A$0(1)94,559D
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 Restricted Stock Unit(2)06/15/2026A76,924 (2) (2)Common Stock76,924$076,924D
Explanation of Responses:
1. Restricted stock units granted under the Issuer's 2026 Omnibus Incentive Plan represent a contingent right to receive the Issuer's common stock on a one-for-one basis when the restricted stock units vest. Each reported restricted stock unit vests in three equal increments on each subsequent anniversary of the grant date.
2. Represents the target number of Performance Restricted Stock Units granted under the Issuer's 2026 Omnibus Incentive Plan, each of which represents the contingent right to receive a variable amount of shares of the Issuer's common stock based on the level of achievement of share-price performance targets over the period of June 1, 2026, through June 30, 2029 (the "Performance Period"). The Performance Restricted Stock Units vest between 0% and 250% of target, measured as of the earlier of the final financial quarter of the Performance Period or during a measurement period ending no fewer than three days prior to a Change in Control of the Issuer.
Remarks:
/s/ Peter F. Minan06/17/2026
** 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)

FAQ

What equity awards did Enviri (NVRI) CFO Peter Francis Minan receive?

Enviri’s CFO Peter Francis Minan received 78,125 shares of common stock and 76,924 Performance Restricted Stock Units as compensation. Both awards were granted at $0.00 per unit under the 2026 Omnibus Incentive Plan, linking part of his pay to future service and performance.

How many Enviri (NVRI) shares does the CFO hold after this Form 4?

After the reported grant, CFO Peter Francis Minan directly holds 94,559 shares of Enviri common stock. This total reflects his updated common share position following the 78,125-share award, excluding any additional shares that may vest later from performance-based units.

How do the Performance Restricted Stock Units for Enviri (NVRI) CFO work?

The CFO’s 76,924 Performance Restricted Stock Units can convert into a variable number of Enviri shares. Payout ranges from 0% to 250% of target based on share-price performance measured from June 1, 2026 through June 30, 2029, creating strong alignment with long-term stock performance.

When do Enviri (NVRI) restricted stock units granted to the CFO vest?

The restricted stock units vest in three equal installments on each anniversary of the grant date. Each vested unit converts into one Enviri common share, turning part of the CFO’s compensation into long-term equity that depends on continued service over multiple years.

Is this Enviri (NVRI) Form 4 a stock purchase or a compensation grant?

This Form 4 reflects compensation grants, not an open-market stock purchase. The CFO received common stock and Performance Restricted Stock Units at a reported price of $0.00 per unit under the 2026 Omnibus Incentive Plan, which is typical for equity-based executive pay.