Enviri (NVRI) SVP granted RSUs, SARs and performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enviri Corp senior vice president Gary Raymond Lada reported equity compensation awards tied to the company’s stock. He received 17,500 restricted stock units that convert into common shares on a one-for-one basis, vesting in three equal annual installments from the grant date.
He was also granted 11,283 Stock Appreciation Rights with a strike price of $6.21 and 9,616 target Performance Restricted Stock Units, which can vest between 0% and 250% of target based on share-price performance from June 1, 2026 through June 30, 2029. Following these grants, his direct common stock holdings total 21,530 shares, including 4,030 received via a pro rata distribution.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lada Gary Raymond
Role
SVP and President-Harsco Rail
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Restricted Stock Unit | 9,616 | $0.00 | -- |
| Grant/Award | Stock Appreciation Rights | 11,283 | $0.00 | -- |
| Grant/Award | Common Stock | 17,500 | $0.00 | -- |
Holdings After Transaction:
Performance Restricted Stock Unit — 9,616 shares (Direct, null);
Stock Appreciation Rights — 11,283 shares (Direct, null);
Common Stock — 21,530 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 in three equal increments on each subsequent anniversary of the grant date. Includes 4,030 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. Represents the target number of Performance Restricted Stock Units granted under the Issuer's 2026 Omnibus Incentive Plan, each of which represents the contingent right to receive a variable amount of shares of the Issuer's common stock based on the level of achievement of share-price performance targets over the period of June 1, 2026, through June 30, 2029 (the "Performance Period"). The Performance Restricted Stock Units vest between 0% and 250% of target, measured as of the earlier of the final financial quarter of the Performance Period or during a measurement period ending no fewer than three days prior to a Change in Control of the Issuer. Represents Stock Appreciation Rights ("SARs") granted under the Issuer's 2026 Omnibus Incentive Plan to replace similar stock appreciation rights held by the reporting period prior to, and canceled in connection with, a reorganization occurring immediately before the spin-off of the Issuer from its predecessor. The SARs are fully vested as of the date hereof.
Key Figures
Restricted stock units granted: 17,500 units
Common shares after transaction: 21,530 shares
Stock Appreciation Rights granted: 11,283 SARs
+5 more
8 metrics
Restricted stock units granted
17,500 units
Common stock RSUs vesting in three equal annual installments
Common shares after transaction
21,530 shares
Direct Enviri common stock holdings following Form 4 grants
Stock Appreciation Rights granted
11,283 SARs
Fully vested SARs granted under 2026 Omnibus Incentive Plan
SAR exercise price
$6.21 per share
Conversion or exercise price for 11,283 SARs
Performance RSU target
9,616 units
Performance Restricted Stock Units with 0%–250% vesting range
Performance period
June 1, 2026–June 30, 2029
Measurement window for performance-based vesting
Pro rata distribution shares
4,030 shares
Common shares received via distribution from CLEH, Inc.
Maximum performance vesting
250% of target
Upper vesting limit for 9,616 Performance RSUs
Key Terms
Restricted stock units, Stock Appreciation Rights, Performance Restricted Stock Units, 2026 Omnibus Incentive Plan, +1 more
5 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.
Stock Appreciation Rights financial
"Represents Stock Appreciation Rights ("SARs") granted under the Issuer's 2026 Omnibus Incentive Plan"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
Performance Restricted Stock Units financial
"Represents the target number of Performance Restricted Stock Units granted under the Issuer's 2026 Omnibus Incentive Plan"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
2026 Omnibus Incentive Plan financial
"granted under the Issuer's 2026 Omnibus Incentive Plan represent a contingent right"
Change in Control financial
"no fewer than three days prior to a Change in Control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
