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Enviri (NVRI) COO settles RSUs tied to Clean Earth division sale

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

Rhea-AI Filing Summary

ENVIRI Corp President & COO Russell C. Hochman reported routine equity compensation activity. He exercised 44,942 restricted stock units, converting them into an equal number of common shares under the 2013 Equity and Incentive Compensation Plan. In a related step, 20,827 common shares were disposed of through a tax-withholding transaction at $19.53 per share to cover tax obligations. The footnote explains that these restricted stock units had vested and were settled as approved on May 18, 2026 by the Board in connection with Enviri’s sale of its Clean Earth division, indicating this filing reflects compensation and tax mechanics rather than open‑market trading.

Positive

  • None.

Negative

  • None.
Insider Hochman Russell C.
Role President & COO
Type Security Shares Price Value
Exercise Restricted Stock Units 44,942 $0.00 --
Exercise Common Stock 44,942 $0.00 --
Tax Withholding Common Stock 20,827 $19.53 $407K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 293,481 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs exercised 44,942 units Restricted stock units converted into common stock
Tax-withholding shares 20,827 shares Shares delivered to cover tax liabilities
Tax-withholding price $19.53 per share Price used for 20,827-share tax disposition
Exercise transactions 1 exercise, 44,942 shares Derivative exercise/conversion reported in Form 4
Tax-withholding transactions 1 transaction, 20,827 shares Payment of tax liability by delivering securities
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.
vested and settled financial
"The restricted stock units have been vested and settled, as approved on May 18, 2026"
sale of its Clean Earth division financial
"approved on May 18, 2026 by the Enviri Board of Directors in connection with Enviri's sale of its Clean Earth division"
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*
Hochman Russell C.

(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)
President & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
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 Stock05/20/2026M44,942A$0293,481D
Common Stock05/20/2026F20,827D$19.53272,654D
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
Restricted Stock Units(1)05/20/2026M44,942 (1) (1)Common Stock44,942$00D
Explanation of Responses:
1. 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 Enviri's sale of its Clean Earth division.
Remarks:
/s/ Russell C. Hochman05/22/2026
** 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 insider activity did Enviri (NVRI) President & COO Russell C. Hochman report?

Russell C. Hochman reported exercising 44,942 restricted stock units into common shares. In a related tax-withholding transaction, 20,827 common shares were disposed of at $19.53 per share to satisfy tax obligations tied to this equity compensation event.

Was the Enviri (NVRI) Form 4 transaction an open-market stock sale by the COO?

No, the Form 4 does not show an open-market sale. It reports a tax-withholding disposition of 20,827 shares at $19.53 per share, tied to the settlement of vested restricted stock units rather than discretionary selling in the open market.

How many Enviri (NVRI) restricted stock units did the COO settle in this filing?

The filing shows settlement of 44,942 restricted stock units. Each unit converted into one share of Enviri common stock under the company’s 2013 Equity and Incentive Compensation Plan, following Board approval related to the Clean Earth division sale.

What price was used for the Enviri (NVRI) tax-withholding share disposition?

The tax-withholding disposition used a share price of $19.53. At this price, 20,827 common shares were delivered to cover tax liabilities triggered by the vesting and settlement of the reported restricted stock units.

How is Enviri’s sale of the Clean Earth division connected to this Form 4?

The footnote states the restricted stock units vested and settled as approved on May 18, 2026, by Enviri’s Board in connection with the sale of its Clean Earth division, linking this compensation event directly to that strategic transaction.