[Form 4] Enviri Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enviri Corp director Edgar M. Purvis Jr. received a grant of 6,250 shares of common stock as an equity award. The grant was made at a stated price of $0.0000 per share as compensation rather than a market purchase. Following this award, he directly holds 54,225 shares of Enviri common stock. According to the footnote, these are restricted stock units that convert into common shares on a one-for-one basis, vesting on each anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Purvis Edgar M Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,250 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 54,225 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 6,250 shares
Price per share: $0.0000 per share
Post-transaction holdings: 54,225 shares
+1 more
4 metrics
Shares granted
6,250 shares
Equity award of common stock on 2026-06-15
Price per share
$0.0000 per share
Stated grant price for the award
Post-transaction holdings
54,225 shares
Total common shares directly owned after grant
Transaction date
2026-06-15
Date of restricted stock unit grant
Key Terms
Restricted stock units, 2026 Omnibus Incentive Plan, contingent right to receive, vest
4 terms
Restricted stock units financial
"Restricted stock units granted under the Issuer's 2026 Omnibus Incentive 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.
2026 Omnibus Incentive Plan financial
"Restricted stock units granted under the Issuer's 2026 Omnibus Incentive Plan represent a contingent right"
contingent right to receive financial
"represent a contingent right to receive the Issuer's common stock on a one-for-one basis"
vest financial
"Each reported restricted stock unit vests on the anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.