Enviri (NVRI) SVP & CHRO converts RSUs, 3,317 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ENVIRI Corp Senior Vice President & CHRO Jennifer Ott Kozak exercised restricted stock units into common shares and had shares withheld for taxes. On March 11, 2026, she converted 7,222 restricted stock units into an equal number of common shares under the company’s 2013 equity and incentive plan. To cover tax obligations, 3,317 common shares were withheld at $17.94 per share, a non-market disposition. After these transactions, she directly held 86,118 shares of ENVIRI common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,222 shares exercised/converted
Mixed
3 txns
Insider
Kozak Jennifer Ott
Role
Senior Vice President & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7,222 | $0.00 | -- |
| Exercise | Common Stock | 7,222 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,317 | $17.94 | $60K |
Holdings After Transaction:
Restricted Stock Units — 27,554 shares (Direct);
Common Stock — 89,435 shares (Direct)
Footnotes (1)
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FAQ
What did ENVIRI (NVRI) executive Jennifer Ott Kozak report in this Form 4?
Jennifer Ott Kozak reported exercising restricted stock units into ENVIRI common stock. She converted 7,222 restricted stock units on March 11, 2026 and had 3,317 shares withheld to satisfy tax obligations, resulting in direct ownership of 86,118 ENVIRI common shares.
How do ENVIRI (NVRI) restricted stock units work in this filing?
The restricted stock units represent a contingent right to receive ENVIRI common stock on a one-for-one basis upon vesting. According to the disclosure, these units vest in one-third increments on each of the first three anniversaries of the original grant date under the 2013 plan.
What does transaction code F mean in ENVIRI (NVRI) executive filings?
Transaction code F indicates shares were disposed of to pay exercise price or tax liabilities. In this case, 3,317 ENVIRI common shares were withheld at $17.94 per share to satisfy taxes arising from the restricted stock unit conversion, not as a discretionary market sale.