ENVIRI Corp (NVRI) director converts 18,309 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ENVIRI Corp director Earl James F exercised restricted stock units into common stock as part of his equity compensation. On May 7, 2026, 18,309 restricted stock units granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan vested and converted into 18,309 shares of common stock at a stated price of $0.00 per share.
Following this non-cash derivative exercise, he directly holds 115,543 shares of ENVIRI Corp common stock. The transaction reflects routine director compensation rather than an open-market purchase or sale, with no accompanying share disposition or tax-withholding sale reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,309 shares exercised/converted
Mixed
2 txns
Insider
Earl James F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,309 | $0.00 | -- |
| Exercise | Common Stock | 18,309 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 115,543 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 18,309 shares
Exercise price: $0.00 per share
Shares held after transaction: 115,543 shares
+2 more
5 metrics
RSUs exercised
18,309 shares
Restricted stock units converted to common stock on May 7, 2026
Exercise price
$0.00 per share
Stated transaction price for RSU conversion
Shares held after transaction
115,543 shares
Total ENVIRI Corp common stock directly held by Earl James F
RSUs remaining from this grant
0 units
Total restricted stock units following the vesting and conversion
Vesting date reference
First anniversary of May 7, 2025
Vesting schedule for the restricted stock units
Key Terms
Restricted Stock Units, 2016 Non-Employee Directors' Long-Term Equity Compensation Plan, derivative exercise/conversion, Form 4
4 terms
Restricted Stock Units financial
"The filing lists transactions in "Restricted Stock Units" that converted into 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.
2016 Non-Employee Directors' Long-Term Equity Compensation Plan financial
"Represents restricted stock units granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan."
derivative exercise/conversion financial
"The transaction action is described as a derivative exercise/conversion for the RSUs."
Form 4 regulatory
"The insider transaction is reported on a Form 4 insider filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ENVIRI Corp (NVRI) report for Earl James F?
ENVIRI Corp reported that director Earl James F exercised 18,309 restricted stock units into common stock. The units vested under a long-term equity compensation plan and converted at a stated price of $0.00 per share, with no open-market sale disclosed.
What was the size of the restricted stock unit vesting for ENVIRI Corp director Earl James F?
The vesting involved 18,309 restricted stock units, which converted into an equal number of ENVIRI Corp common shares. These units were granted under the 2016 Non-Employee Directors' Long-Term Equity Compensation Plan and vested on the first anniversary of the May 7, 2025 grant date.
Was there any open-market buying or selling in this ENVIRI Corp Form 4?
No open-market buying or selling was reported. The Form 4 shows a derivative exercise where restricted stock units converted into common stock at $0.00 per share, with no sale, gift, or tax-withholding disposition entries associated with the transaction date.
What equity plan governed the restricted stock units exercised by ENVIRI Corp’s director?
The restricted stock units were granted under ENVIRI Corp’s 2016 Non-Employee Directors' Long-Term Equity Compensation Plan. Each unit vested at the close of business on the first anniversary of the May 7, 2025 grant date before converting into common stock.