Enviri (NYSE: NVRI) director receives stock and cash-settled deferred units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quinn John S reported acquisition or exercise transactions in this Form 4 filing.
Enviri Corp director John S. Quinn reported equity awards rather than market purchases. On June 15, 2026 he received 6,250 restricted stock units under the 2026 Omnibus Incentive Plan, vesting on the grant anniversary, and 3,155 deferred stock units based on $20.80 per unit. After these awards, he holds 19,629 common shares, including 13,379 shares received via a June 1, 2026 pro rata distribution from CLEH, Inc. The deferred stock units are cash-settled in five annual installments beginning in 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Quinn John S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit (Cash) | 3,155 | $20.80 | $66K |
| Grant/Award | Common Stock | 6,250 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Unit (Cash) — 3,155 shares (Direct, null);
Common Stock — 19,629 shares (Direct, null)
Footnotes (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 on the anniversary of the grant date. Includes 13,379 shares acquired in a pro rata distribution by CLEH, Inc. on June 1, 2026 of all of the outstanding shares of the Issuer's common stock to the stockholders of CLEH, Inc. Deferred Stock Units represent deferred cash compensation awarded based on an election by the reporting person in connection with the reporting person's service as a non-employee director of the Issuer. Each Deferred Stock Unit, following vesting, represents the right to receive the value, in cash, of 1 share of the Issuer's common stock at the time of the reporting person's elected distribution date(s). The Deferred Stock Units generally vest in installments at the end of each fiscal quarter in 2026. The reporting person elected to receive settlement and distribution of the Deferred Stock Units in five equal annual installments beginning in 2027.
Key Figures
Restricted stock units granted: 6,250 units
Deferred stock units granted: 3,155 units
Reference value per deferred unit: $20.80 per unit
+3 more
6 metrics
Restricted stock units granted
6,250 units
Grant to director on June 15, 2026 under 2026 Omnibus Incentive Plan
Deferred stock units granted
3,155 units
Director deferred cash compensation on June 15, 2026
Reference value per deferred unit
$20.80 per unit
Basis for 3,155 deferred stock units tied to common stock
Common shares after transaction
19,629 shares
Director’s direct Enviri common stock holdings after June 15, 2026 awards
Shares from CLEH distribution
13,379 shares
Pro rata distribution by CLEH, Inc. on June 1, 2026
Deferred unit installments
5 annual installments
Deferred stock units paid in equal installments beginning in 2027
Key Terms
Restricted stock units, Deferred Stock Units, 2026 Omnibus Incentive Plan, pro rata distribution
4 terms
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.
Deferred Stock Units financial
"Deferred Stock Units represent deferred cash compensation awarded based on an election by the reporting person"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
2026 Omnibus Incentive Plan financial
"Restricted stock units granted under the Issuer's 2026 Omnibus Incentive Plan represent a contingent right"
pro rata distribution financial
"Includes 13,379 shares acquired in a pro rata distribution by CLEH, Inc. on June 1, 2026"
A pro rata distribution is when a company or organization shares out money, assets, or benefits evenly among all eligible people based on their size or share. For example, if a company makes a profit and distributes it to shareholders, each person gets a portion proportional to how many shares they own. It ensures everyone gets their fair part based on their ownership or stake.
FAQ
What insider transactions did Enviri Corp (NVRI) report for John S. Quinn?
Enviri Corp reported that director John S. Quinn received equity-based compensation, not open-market trades. On June 15, 2026, he was granted 6,250 restricted stock units and 3,155 deferred stock units tied to the company’s common stock and future cash payments.
What are the terms of John S. Quinn’s 6,250 Enviri restricted stock units?
The 6,250 restricted stock units were granted under Enviri’s 2026 Omnibus Incentive Plan. Each unit represents a right to receive one share of common stock upon vesting, and each reported restricted stock unit vests on the anniversary of the June 15, 2026 grant date.
How do the 3,155 Enviri deferred stock units for John S. Quinn work?
The 3,155 deferred stock units represent deferred cash compensation for Quinn’s non-employee director service. Each unit reflects the cash value of one Enviri common share at distribution, vests generally at the end of each fiscal quarter in 2026, and is paid in five annual installments from 2027.
What is the significance of the CLEH, Inc. distribution mentioned for Enviri (NVRI)?
The filing notes that 13,379 of John S. Quinn’s Enviri shares came from a pro rata distribution by CLEH, Inc. on June 1, 2026. CLEH distributed all its Enviri common stock to its own stockholders, increasing Quinn’s direct Enviri share ownership.